The question posed by CIPC for the annual return is "turnover according to the latest annual financial statements".I'm quite confused now, they waited until after they submitted their returns to do an internal audit?
Seems ligit...
Secondly, the annual financial statements in this case is required to be audited (because the company satisfies a bunch of requirements) and the auditor produces an audit report. The auditor is registered with the IRB and is obviously required to be independent. Having someone internal do an audit is totally meaningless and has squat to do with audited financial statements.
