while doing audit we often ask from our client Moa and aoa. can somebody plz help me what things we need to read from thr and what purpose do it serve for auditors

Do we need to do caro for may -2015 exams??Reply urgent

Dear Professionals
I have a query:
A company incorporated 5 yr ago. The Company have two business
1) Exporting CAD Designs to its holding Company (work place :work from home)
2) manufacturing - operation not yet started , only training work is going on (Work place: factory)
Company have expenditure related to :
1) Staff salary(both for delhi office and factory)
2) electricity, water , telephone etc expenses (Factory site only)
My question is:
1) Whether company has to treat factory related expenses as pre operative expenses?
2) What is the treatment of expenditure done at factory site in balance sheet.
Thanks in advance .

A pvt. ltd. company having turnover as below :-

F.Y. Turnover
2012-13 67.00 Cr.
2013-14 116.00 Cr.
2014-15 135.00 Cr.

We cover under SSI unit (Value of Plant & Mac. below 2 Cr.)

Should we get Cost audit from Cost Accountants. If we have to, from which financial year? Any other compliance in respect of the same.

Please advise.

Hi, I Have a query regarding depreciation as per companies act 2013,
1)as the new act requires the depreciation to be computed on the basis of remaining useful life of the asset, would it also require the useful life of old assets to be redetermined or should it be calculated based on the year of purchase
2) Is the notification relating foreign exchange fluctuations on purchase of Fixed Assets still applicable
3)What would be the treatment of the Intangible Assets as per the new act, are they still amortizable over a maximum period of ten years as given in AS 26.

which is the best book for self study Dr. Urvish shah or surbhi basal ....my attempt is in may2015,please advise me. ..i want get good marks in auditing. ...which book is self understandable and easy to remember

sir, what are the procedures and documents verified while doing audit of share application and allotment for cash of a private limited company..?

There are no Questions for the Standards of Audit in Practice Manual. From where can i practice the Standards of Audit?

Will i get mark if i write section only and not subsection. i.e. section 139 instead of 139(8)

One of the company which i m handling has made default in taking loan from other than directors though it is repaid during the year so where should i need to report the same in auditor s report as Caro is not applicable in company for which i m asking.