trust audit checklist

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Exemption for audit of accounts u/s 44AB increased to Rs 2 crore


The existing provision of section 44AB of the Act inter alia provides that every person carrying on the business is required to get his accounts audited if the total sales turnover or gross receipts in the previous year exceeds one crore rupees The threshold limit for applicability of presumptive ta

Presumptive income scheme for audit of entities raised from Rs. 1 crore to Rs. 2 crore


Finance Minister unveils string of measures towards Ease of Doing Business Presumptive income scheme for audit of entities raised from Rs 1 crore to Rs 2 crore Threshold for maintenance of books for individuals and HUF more than doubled Individual Insurance agents earning below taxable limit to be e

Bank Branch Auditors Panel for the year 2016-17


Dear Colleagues Please find placed below Final Bank Branch Auditors Panel of Chartered Accountants firms for the year 2016 17 To view your category and remarks thereof if any please click on the relevant interval MEF00001 05000 MEF05001 10000 MEF10001 15000 MEF15001 20000 MEF20001 25000 MEF25001 300

Draft Bank Branch Auditors Panel for the year 2016-17


Please find placed below Draft Bank Branch Auditors Panel of Chartered Accountants firms for the year 2016 17 To view your category and remarks thereof if any please click on the relevant interval MEF00001 05000 MEF05001 10000 MEF10001 15000 MEF15001 20000 MEF20001 25000 MEF25001 30000 MEF30001 3500

Major policy initiatives of MCA in 2016


Major policy initiatives and achievements of the Ministry of Corporate Affairs MCA MCA entrusted with the responsibility to administer the Insolvency and Bankruptcy Code 2016 Code The Insolvency and Bankruptcy Board of India IBBI established Stabilization of the Cost Records and Audit Rules Year End

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Experts Opinions

Goldman sachs internal auditing deptt


Can anybody tell me what question GS put up for internal auditing deptt Also if some1 can gve me internal auditing readings den it ll be a big help

How to remember auditing standards numbers easily


Somebody tell me how to link an Auditing standard number to its Name and remember it easily I know one such example SA 550 is both 5 and 5 are similar and Related Parties to each other Please help me with other standards

Employee stock purchase scheme through trust


Can anyone help me with the procedure of issue of shares through Employee stock purchase scheme through Trust

Faculty for Audit


Hi friends I want to take class of audit for my IPC exam in may 17 but I am in dilemma between Pankaj garg or surabhi bansal How one is better

Firm audit


Firm audit are mandatory when having total turn over rs 5000000 the said firm

Discussion

Auditor : appointed as director

I want to know whether an auditor can be appointed as the director of company or the director can be appointed as the auditor of the company Sec 141 does not give any specification about this qualifiaction Does anyone know the answer

Trust in god

TRUST IN GOD Man GOD can i ask you a question GOD Sure Man Promise you wont get mad GOD I promise Man Why did you let so much stuff happen to me today GOD What do you mean Man Well I woke up late GOD Yes Man my car took forever to start GOD okay Man at lunch they made my sandwich wrong I had to wait

Trust

last week we registered a new trust BURNING DESIRE for the development of sports and social life our next plan is to purchase a land of 10 cents can we purchase a land before obtaining a pan card and bank account number

Faculty for Audit

Hi friends I want to take class of audit for my IPC exam in may 17 but I am in dilemma between Pankaj garg or surabhi bansal How one is better

Hospital audit checklist

Internal audit for hospital checklist

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Articles

Applicability of Audit


Mandatory Audit All the major audits are discussed below in this article It will be helpful to the readers to establish which all type of audit is mandatorily applicable to him I have tried to make this article very easy to understand 1 Tax Audit Tax Audit is mandatory under section 44AB of Income T


FAQs on auditor


Who Will Appoint First Auditor Sol As per Section 139 6 First Auditor will be Appoint by Board of Directors of Company within 30 days of Incorporation of Company If Company Incorporated on 1st March First BM held on 15 03 and second on 25 03 In such situation whether company have to appoint auditor


Audit Amendments Notes for May 2017 Exams


CA IPC Audit Amendments May 2017 Amendments Company Audit I Sec 139 to Sec 148 1 Sec 139 Rotation of Auditor Old Provision Provided also that every company existing on or before the commencement of this Act which is required to comply with the provisions of this sub section shall comply with the req


Filling of unaudited financial statement


BACKGROUND Many professionals have been raising question on filing of unaudited financial statement with ROC in case of adjourned meeting or non holding of AGM Situation The Companies Act 2013 mandate on Companies to file duly adopted financial statement with ROC within 30 days of date of Annual Gen


Cost audit and cost auditor


ROLE OF COST AUDIT Government needs authentic and reliable data of cost for various purposes like price fixation of controlled commodities The information is also useful in various decisions like fixation of duty drawback export incentives amount of excise duty the product can bear deciding whether


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Updated on : 2/18/2017 5:29:09 PM


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