[6/15, 04:53] A very welcome relief. Internal Financial Controls reporting by Auditors not required by:
– Small Companies
– Private Companies having less than Rs. 50 Crores as per last audited financial statements or borrowings from Banks and PFIs less than Rs. 25 Crores at any point of time during the financial year
[6/15, 04:53] http://mca.gov.in/Ministry/pdf/ExemptionPrivateCompanies.pdf
[6/15, 04:53] As notified by MCA vide notification dated June 13, 2017
So often we get #nervous about so many things that we #fear. But we also apparently forget that fear is good for us, because as a wise man has said, “Fear masks success, fight it and you will find success hidden behind it.” – So, the moral of the story is “Fear is good, fight it!!”. Cheers !!
via Daily Prompt: Nervous (https://dailypost.wordpress.com/prompts/nervous/)
Some memories have to be shared for posterity, and this one qualifies admirably.
CA Vikram S. Mathur