amay
12 February 2015 at 18:55

Low marks in audit

Secure 353 marks nd once again less than 40 marks in audit ...
What to do now
Is audit is really hard
Suggest any. Reference



Anonymous
11 February 2015 at 17:34

Material misstatement

If an auditor fails to disclose or discloses erroneous information in the published financial statements, would it constitute professional misconduct of the auditor implying material misstatements in the financial statements? Also if an auditor fails to provide certain information in one year but discloses in subsequent year or vice versa,would it constitute professional misconduct of the auditor implying material misstatements in the financial statements?
Thanks in advance.


Renu Srikanth Tantry
11 February 2015 at 09:44

Acceptance of assignment

Hi
I am starting my practice and want to know 1.)whether I can take up work of a institution conducting various classes( guitar, karate, abacus etc) if my daughter is attending abacus class in that same institute. It is a small institute run under partnership by 2 ladies.
They want me to help them in preparing P&L, B/S and file its return.
2.) they started their institute 2 years ago but have not filed any IT return so far. As return can be filed within 1 yr from the end of Relevant assessment yr. can they efile 2 yrs return together this yr?.

Please guide me in this regard
Thanks in advance


sp Gowthaman
10 February 2015 at 22:39

Vouching and verification

how to prepare for vouching and verification ?


Vibhor

Dear sir, with reference to above subject matter, I want to confirm whether personal expenditure made through companies debit card is disallowed if yes? then how and what about bank reconciliation.?


Tushar Garg
08 February 2015 at 14:27

Professional ethics

As per clause 4 of part 1 of first schedule, a CA can enter into partnership with people whose qualification is recognized by the CG or the council.A past year question about partnership between CA and advocate, asking whether is it professional misconduct or not.Pankaj sir and Surbhi madam book says it is not misconduct as advocate (I.e. Bar council) is recognized by council. However, PRactice manual says that it is misconduct. Kindly clarify what to follow. Pankaj sir and surbhi madam's answer is logical and seems right, but ICAI gives mark for study mat's language. Thanks.



Anonymous
06 February 2015 at 15:09

What will be appropriate useful life

what will be the appropriate useful life of hydraulic mobile crane as per schedule ii of companies act 2013. Is it correct to show as vehicle or plant and machinery


SHIRLEY JAMES
06 February 2015 at 12:14

Audit

I want to know what are the changes in PAPER 6 : AUDIT OF IPCC FOR MAY 2015 attempt. Is the syllabus same as it was for MAY 2014 attempt ? Which edition of ICAI MODULE to refer for MAY 2015 attempt ?

Plz reply !


tejas
05 February 2015 at 13:37

Amendments

Want to know about the amendments in audit for may 2015



Anonymous
02 February 2015 at 20:20

Expert plz reply.

Whether following services provided by auditor will attract section 144 of Companies Act, 2013:
1. VAT audit
2. VAT return
3. Service tax return
4. Income tax return
5. Tds return





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