The firm has done internal audit for half year (2013-14).Now the client wants to appoint the firm as statutory auditor. Can a firm after resigning as an internal auditor can be appointed as statutory auditor for the FY 2013-14.Kindly provide support for the answer. Case law or provisions governing the same.
WHAT TYPE OF AUDITS ARE DONE UNDER BANK AUDIT
LIKE STOCK, REVENUE AUDIT
PLEASE SEND PROFORMA OF CONCURRENT AUDIT REPORT?
Hi, can any one please tell me what is the difference between gross sales and net sale in bank loan form , kindly tell me what is adding in net sales to calculate gross sales please tell us all particulars.
The tax audit of one firm was completed and Audit report and Statement of accounts were already filed to IT dept. Later on it is found out that certain entries relating to one of the bank account of the firm has not been incorporated in the books of the firm and hence the balances do not matches with bank statement.
Is it possible to reopen the Tax Audit and file a revised ITR and Tax Audit report? The fact that bank balances are subject to confirmation has been added as a comment in the original audit report by the auditor. The client failed to produce balance confirmation for the above accounts at the time and could only produce the same after the completion of audit and filing of IT return.
What are the legal, professional and other consequences that can arise now?
Thanking you in advance
FOR A PVT LTD COMPANY ..MY RETIRING AUDIT FOR 2012-13.. IS NOT WILLING TO AUDIT FOR 2013-14
PLEASE GIVE ME AUDIT'S UNWILLINGNESS LETTER FORMAT TO THE COMPANY ..THAT THE SAID AUDITOR IS NOT ABLE TO AUDIT FOR 2013-14 AND HE DOES NOT HAVE ANY OBJECT TO APPOINT ANY OTHER AUDITOR IF THE CO. APPOINTS..REGARDS
what is the meaning of 'LAST FRIDAY OF SECOND PRECEEDING FORTNIGHT' in audit of Banks
Hi,
one of my internal audit team would like to come & Audit at Sites (we are the Builders & Developers).
I would like know what exactly they are going to be Audit.
our turnover. is 86 lack and we show net profit. is 3.27 lack without tax audit so. now what can i do can i pay income tax as per net. profit. 8% or any suggestions
what to do when trust has no activities from the date of its registration and it has got notice to get its accounts audited.
Online GST Course - Master the Fundamentals of GST with Practical Insights
Audit