Audit of broker company
This query is : Resolved
06 August 2007
Dear sir,
sir can u give me some tips about HOW TO AUDIT OF A BROKER COMPANY WHICH DEALING IN SHARE & ETC
sir can u give me some tips about HOW TO AUDIT OF A BROKER COMPANY WHICH DEALING IN SHARE & ETC
07 August 2007
For Auditing a broker Co. you must :
1 Understand their system of accounting
2 Routine checking like Cash, Bank an dexpenses checking will be of some help.
3 Income mainly comprises of brokerage check the accrual.
4 Intra day trading and in case of client does not pay then sell of shares through auction by the Exchange.
1 Understand their system of accounting
2 Routine checking like Cash, Bank an dexpenses checking will be of some help.
3 Income mainly comprises of brokerage check the accrual.
4 Intra day trading and in case of client does not pay then sell of shares through auction by the Exchange.
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