Audit QnA - Page No 184

All Resolved Open

VENKATESH

03 May 2014 at 20:10

Evidence

help me to know the meaning of persuasive evidence i am in i p c c

CA Adarsh

03 May 2014 at 16:07

Fob value to be shown in balance sheet

Dear All,

I have doubt regarding which FOB value to be shown in the Balance sheet.

1. FOB value as per Invoice or,
2. FOB value as per shipping bill, or
3. FOB value as per Bank Realization Certificate.

If we take it as per Bank Realization Certificate, then what about the unrealized invoices till the finalization of Balance sheet.

Kindly clarify which FOB value to be shown in the Balance sheet.

sanklalp

03 May 2014 at 00:47

Auditing standards

Are we supposed to write Auditing Standards in examination in official formal language? Or Should I focus more on concepts and answer in my own language and understanding?.. Podcasts made avialable by ICAI by CA Siddharth Agarwal says that one should focus more on concepts and write in our own launguage but I am not sure if that will earn me marks.. kindly suggest!

Anonymous

02 May 2014 at 16:16

Audit

Dear sir,

we pay every month towards rent exp.

I made a cheque & voucher in the name of landlord on dated 6/05/2014...

I sent the voucher for auditing on dated 01/05/2014.....

but the auditor said.....voucher should have on dated 01/05/2014 and cheque should be on dated 06/05/2014 because they are auditing on dated 01/05/2014

so what would be the solution?

manish sharma

01 May 2014 at 14:56

Drawings..

Dear Sir,
I have a Doubt

Divya Agarwal

30 April 2014 at 17:47

Checking of reconciliation statements

dear experts,
how to check various reconciliations given by a company like details of refundable terminal excise duty,earning in forex, provision for credit & debit notes etc

Anonymous

28 April 2014 at 16:45

Voucher

Dear Sir,
If There Is no Authorization of Mgmt. In Cash vouchers Then What We Have To do???

vidya

28 April 2014 at 11:28

Vouching

important aspects to be considered during cash vouching

Anonymous

26 April 2014 at 21:16

Lease equilisation reserve

what is the condition for making of lease equilisation reserve

Anju singh

26 April 2014 at 11:48

Auditor

Dear Sir
As we have opened a new company so we r hiring an auditor and we have crossed 1,00,00,000 please let us know that what an all works to be done by an auditor in tax audit period
awaiting for reply
Anju