DEAR FRIENDS
I M DOING AUDIT OF A PRIVATE LIMITED COMPANY. CAN ANYONE EXPLAIN ME HOW TO GO ABOUT AUDITING OF A BANK STATEMENT AND CASH VOUCHERS
kavitha naidu (ARTICLE STUDENT) (189 Points)
22 June 2012DEAR FRIENDS
I M DOING AUDIT OF A PRIVATE LIMITED COMPANY. CAN ANYONE EXPLAIN ME HOW TO GO ABOUT AUDITING OF A BANK STATEMENT AND CASH VOUCHERS
Ankit a shah
(Internal auditer)
(92 Points)
Replied 22 June 2012
In cash voucher
1 U should cheak suppoeting document every expenses
2 More than 5000 there should be revenu stamp
3 MOre than 20000 put seperately
4 Every expenses going proper head
e.g xerox - Printing and sta
Bank
U cheak in tally there should be proper reconcilation Press F5, amount must tally with bank statement
and import thing is cheak must reconcil within six month nt more than that
Duvvuru Sumanth Reddy
(student)
(21 Points)
Replied 22 June 2012
In case of statutory audit, when should be the physical cashverified whether on last day of the relevent financial year or on the day of audit????
VIRENDRA VIKRAM
(ASSTT. ACCOUNT MANAGER)
(21 Points)
Replied 23 June 2012
The authenication of vouchers is also important. Who is liable to authorised the paymnet.
CA.Shivam Aeran
(Chartered Accountant)
(48 Points)
Replied 24 June 2012
i m in same situation now.. but i know how to complete Audit
CAclubindia
