What is meant by Capitalization of reserves? State the advantages of such capitalization to the business and

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What is meant by ‘Capitalization of reserves’? State the advantages of such capitalization to the business and to the shareholders. What is the duty of an auditor in respect of capitalization?

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Auditing And Assurance

ISBN: 249937

2nd Edition

Authors: Sanjib Kumar Basu

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Question Posted: Apr 19, 2024 12:00 PM

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What is meant by Capitalization of reserves? State the advantages of such capitalization to the business and

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Capitalization of reserves refers to the process of converting a portion of a companys reserves into capital thereby increasing its share capital This ...View the full answer

Auditing And Assurance

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