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Expenses during outstation audit borne by student.!

27 November 2015

Respected sir & my dear friends,

I wanted want some clarification that student have to bear all the expenses during outstation audit under article-ship period (i.e travelling; fooding; lodging ; etc)

If not borne by student then how can recover from employer ( i.e CA.)

Plz, reply me on comment i am waiting for your reply.

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8 Replies

Piyush Tanwar (Assistant Manager - Accounts) (1432 Points)
Replied 27 November 2015

you have to give the bills supporting your expenses to the employer

JAGANATHAN R ACMA, SAP(Fi-Co) (Manager Accounts and Finance) (915 Points)
Replied 27 November 2015

Normally there are two ways.,

if all the expenses relating to audit the auditing company will arrange entire thing travelling , lodging etc.,

and second is the audit firm will give advance to staff., the audit firm recover the money from audit company at the time of settlement or as per the terms and conditions which is mentioned the contract

Kamana Kumari (5 Points)
Replied 27 November 2015

But, not yet recovered the said amount the employer saying that there is no any responsibility of employer to bear the expenses during outstation audit.

Is there any provision to recover the money if they are not giving.

JAGANATHAN R ACMA, SAP(Fi-Co) (Manager Accounts and Finance) (915 Points)
Replied 27 November 2015

that is the mutual agreement between the Auditor and Co., Normally the company will bear the all the expenses.

Piyush Tanwar (Assistant Manager - Accounts) (1432 Points)
Replied 28 November 2015

Mostly agreement between auditor and the company only made for travelling expenses from origin to destination and for accomodation if they are not providing accomodation facility at its own .

there is no provision to claim any expenditure from the company other than the above mentioned.

Sagar (Consultant) (86 Points)
Replied 28 November 2015

Tell him that you wont go for any outstation audit if expenses are not reimbursed. And dont bear any expenses on behalf of firm, it will affect firm and automatically your employer will understand.

k.siva kumar (audit assitant) (32 Points)
Replied 06 February 2016

the responsibilty for reimbursement of expenses is the auditor ,its always better to take advance before spending from our pocket , generally there will rules regarding the amount of expenditure depending upon place and client in the audit office

AMBUJ SHARMA (CHARTERED ACCOUNTANT) (243 Points)
Replied 06 February 2016

All expenses related to Outstation Audit shall be reimbursed to article on submission of Supporting Bills. Almost all audit firms has contract with companies regarding reimbursement of Expenses. Expenses of Personal Nature are not reimbursable.