Annual report of wipro 2010-11

Commissioner of sales tax. This responsibility also includes maintenance of adequate accounting records in accordance with the provisions of the Act for safeguarding the assets of the Company and for preventing and detecting frauds and other irregularities; selection and application of appropriate accounting policies; making judgments and estimates that are reasonable and prudent; and design, implementation and maintenance of adequate internal financial controls, that were operating effectively for ensuring the accuracy and completeness of the accounting records, relevant to the preparation and presentation of the standalone financial statements that give a true and fair view and are free from material misstatement, whether due to fraud or error. Our audit involves performing procedures to obtain audit evidence about the adequacy of the internal financial controls system over financial reporting and their operating effectiveness.

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The loan is repaid during the current year. There has been no delay in transferring amounts, required to be transferred, to the Investor Education and Protection Fund by the Company. Track Wipro on the go with the money control app.

Wipro Balance Sheet, Wipro Financial Statement & Accounts

Dion Global Solutions Limited. In our opinion and to the best of our information and according to the explanations given to us, the aforesaid reeport financial statements give the information required by the Act in the manner so required and give a true and fair view in conformity with the accounting principles generally accepted in India, of the state of affairs of the Company as at March 31,and its profit, total comprehensive income, the changes in equity and its cash flows for the year ended on that date.

Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express written permission of moneycontrol. Report on Other Legal and Regulatory Requirements 1.

Also, projections of any evaluation of the internal financial controls over financial reporting to future periods are subject to the risk that the internal financial control over financial reporting may become inadequate because of changes in conditions, or that the degree of compliance with the policies or procedures may deteriorate. The Company has made provision, as required under the applicable law or accounting standards, for material foreseeable losses, if any, on long-term contracts including derivative contracts.

The Income Tax Act, According to the information and explanations given to us, no material discrepancies were noticed on such verification. Report on the Standalone Financial Statements. Our audit of internal financial controls over financial reporting included obtaining an understanding of internal financial controls over financial reporting, assessing the risk that a material weakness exists, and testing and evaluating the design and operating effectiveness of internal control based on the assessed risk.

The Company has made provision, as required wiproo the applicable law or accounting standards, for material foreseeable losses, if any, on long-term contracts including derivative contracts iii. Because of the inherent limitations of internal financial controls over financial reporting, including the possibility of collusion or improper management override of controls, material misstatements due to error or fraud may occur and not be detected. Forum where dispute is pending.

Venkatram Partner Membership number: The Board of Directors of the Company is responsible for establishing and maintaining internal financial controls based on the internal annua, over financial reporting criteria established by the Company considering the essential components of internal control stated in the Guidance Note on Audit of Internal Financial Wipgo Over Financial Reporting issued by the Institute of Chartered Accountants of India.

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To the Members of Wipro Limited. Deputy Commissioner - Air Customs -Chennai. Report on Other Legal and Regulatory Requirements. This responsibility also includes maintenance of adequate accounting records in accordance with the provisions of the Act for safeguarding the assets fo the Company and for preventing and detecting frauds and other irregularities; selection and application of appropriate accounting rsport making judgments and estimates that are reasonable and prudent; and design, implementation and maintenance of adequate internal financial controls, that were operating effectively for ensuring the accuracy and completeness of the accounting records, relevant to the preparation and presentation of the standalone financial statements that give a true and fair view and are free from material misstatement, whether due to fraud or error.

The Central Excise Act, Commissioner of sales tax. We conducted our audit of the standalone financial statements in accordance with the Standards on Auditing specified under Anhual 10 of the Act. Our audit involves performing procedures to obtain audit evidence about the adequacy of the internal financial controls system over financial reporting and their operating effectiveness.

In our opinion and according to the information and explanations given to us, the term loans have been applied by the Company during the year for the purposes for which they were raised. Opinion In our opinion and to the best of our information and according to the explanations given to us, the aforesaid standalone financial statements give the information required by the Act in the manner so required and give a true and fair view in conformity with the accounting principles generally accepted in India, of the state of affairs of the Company as at March 31,and its profit, total comprehensive income, the changes in equity and its cash flows for the year ended on that date.

Our responsibility is to express an opinion on these standalone financial statements based on our audit. In our opinion, to the best of our information and according to the explanations given to us, the Company has, in all material respects, an adequate internal financial controls system over financial reporting and such internal financial controls over financial reporting wiro operating effectively as at March 31,based on the internal control over financial reporting criteria established by the Company considering the essential components of internal control stated in the Guidance Note on Audit of Internal Financial Controls Over Financial Reporting issued by the Rrport of Chartered Accountants of India.

Amount Unpaid March 31, Period to which the amount relates. Those Standards and the Guidance Note require that we comply with ethical requirements and plan and perform the audit to obtain reasonable assurance about whether adequate internal financial controls over financial reporting was established and xnnual and if such controls operated effectively in all material respects. Pursuant to the program, certain fixed assets were physically verified by the Management during the year.

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