answersLogoWhite

0


Best Answer

Proprietorship which has turnover above 60 lacs wil have to compulsory Audit.

Sijo

User Avatar

Wiki User

12y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Is audit compulsory for sole proprietorship?
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

Principles of sole proprietorship?

what is the prinicples of sole proprietorship


Can you turn your partnership into a sole proprietorship?

Partnerships can not be converted to Sole proprietorship.


What does the owner of a sole proprietorship have?

The owner of a sole proprietorship has unlimited liability.


What are the sources of capital a sole proprietorship?

owners contribution


Is KFC is sole proprietorship?

Rwhy is kfc sole proprietorship?


How can you use sole proprietorship in a sentence?

You can use sole proprietorship in a sentence in various ways. Here is an example, "In a sole proprietorship, you are solely responsible for the business operations."


Give examples of sole proprietorship?

which firs and companies are using sole proprietorship in pakistan?


What is the difference between cost audit and management audit?

Mgt audit is not compulsory under the law .cost audit in certain industry ,it is legally compulsory


Is statutory audit is done for proprietorship?

not


Who controls a sole proprietorship?

The owner controls a sole proprietorship. By its definition, a sole proprietorship is ran by a single individual who wishes to operate alone or who has only a small business.


What are some examples of sole proprietorship in the Philippines?

A sole proprietorship is a business that is owned solely. In the Philippines examples of sole proprietorship include shops, boutiques, and catering businesses.


What is a Sole Proprietorship Firm?

Want to register your sole proprietorship firm? Get your sole proprietorship company registration today from best company registration consultants. Click here to know all about the sole proprietorship firm, its benefits, documents required, and the process.