WHAT IS DIFFERENCE BETWEEN ASSUMPTION AND ESTIMATION

Hello frNZ

can anyone suggest me best book for CA Final Audit ( attemp may 15 ) ???

A private ltd company is supposed to register itself under Shop & Establishment Act. It has not done so. Instead it has shown the registration fees and penalty for non registration as payable to concerned department. In this connection my questions are:

1) Should auditor qualify his report. If yes, what should be the wordings?

2) If audit report is not be qualified, should anything appear in notes to accounts? If yes, what should be the wordings in notes to accounts

Thanks

with regard to income tax and sales tax department, for how many years the books of accounts should be kept in case of partnership firm or proprietorship firm.

I have a Labour Bill which is dont have any subcontractor invoice so my question is that if any Running Account(RA) Bill, Labour Bill dont have its contractor or subcontractor invoice attached with it then what will be the affect to the particular company ?

please reply as erliest..

guyzzs kya audit self study se ho skty h. if ys den hw ...???

A new company was incorporated in June 2013, But it has not done any business during FY 2013-14. Only share capital of rs.100000/- has been deposited in company account.
From FY 2014-15, company has commenced its business.
please clarify,

What is need of audit for 2013-14?, when we asked some firms, their charges are too high for no work that we have to close the company and go for other form of business, like proprietorship or LLP. what should we do in this situation.

is companies act 2013 is applicable in nov.2014 exams or is syllabus of auditing of IPCC group 2 changed as per new companies act 2013

Is it necessary to send ethical letter to previous chartered accountant in case of Non-Statutory Audit of a non profit organisation?

Mr. ABC is proprietor of A Enterprises, B Enterprises and C Enterprises. In A,B,C, enterprises their t/o for FY is Rs. 125.00 lacs, Rs. 150.00 lacs and 200.00 lacs respectively. He obtained Audit report from 3 different Auditor for their respective business. Please guide me the procedure of filing of Audit Report to the Department. Whether all 3 business will be merged and one balance sheet & profit & loss a/c is to be prepared ?