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What is casting error in the audited financials?

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Question ajoutée par Kumaran Veeraseku Subburaman , Assistant Manager Accounts , Larsen & Toubro
Date de publication: 2015/06/23
lakshminarasimham mallareddi
par lakshminarasimham mallareddi , Manager Finance & Accounts , M/s. Vandana Global Limited, Raipur, Chhattisgarh

Answer is casting error means a total error in adding or sum up the totals

Ajitha Paladugu
par Ajitha Paladugu , Trtpo , Mphasis LTD

casting in respect in the represents in the financial statements

Haris Junaid
par Haris Junaid , Senior Consultant , KPMG Lower Gulf

casting error occurs when sum total of the line items in the balance sheet, income and expenditure or other financial statements or related disclosure notes is not equal to the sum total mentioned at the end of the column.

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