Hi Friends,
Can u please provide me the list of points to be checked and what all shud be checked in every area while conducting audit of any profit making organisation?????????
lyk in Advertising co, banking, hotels etc
preeti sharma (article) (67 Points)
01 September 2008Hi Friends,
Can u please provide me the list of points to be checked and what all shud be checked in every area while conducting audit of any profit making organisation?????????
lyk in Advertising co, banking, hotels etc
CA Harbinder
(CA )
(1245 Points)
Replied 01 September 2008
first of all.
hi! preeti. how are u. harbinder this side..
u can check. Sales Register and counter-check it with Sales tax return , Purchases, cash payment vouchers-which is an important part, then there debtors.
In bank audit u refer LFAR-Long form audit report.
good luck.
vikram
(C.A. Final ........Mission May 09)
(34 Points)
Replied 01 September 2008
hi,,preeti
its very easy just take TB (TRail Balance) and take all amount bifercation and make u assure that TB all amount is true and after that u just check that company is SMEs or Other than SMEs and according to level of company u can make notes to account ....after that ur game is over............simple
Vikram
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