venkata akarsh.grandhi
23 September 2013 at 12:59

Procedure for sales audit

hi to all!!!

please explain the procedure for checking sale vouchers if it is interstate sales..


means
filling of e-Sugam
n whent to get FORM C from the customer
n if any other????


LALIT SINGH BISHT

MY QUERY IS THAT FOR FILE AUDIT REPORT, P.L. AND BALANCE SHEET SCAN ARE COMPULSARY SIGN BY ASSESSEE AND C.A



Anonymous
23 September 2013 at 10:55

Cash payment exceeding 20,000

sir
i am paying a electricity bill of amount 1,00,000 Rs by mode of cash payment is it allowable expenditure or to be disallowed ....?


ALOK C MISHRA
22 September 2013 at 15:01

Applicability of tax audit

one of my clients turnover is Rs.6500000/- but hi is getting his accounts audited as he does not want to declare 8% net profit. so in this case whether tax audit will apply on him or not.



Anonymous
22 September 2013 at 12:49

Auditor appointment

Dear all,

Please clarify that whether an incoming auditor can accept audit in case of disputed fees wherein the client has finally agreed to pay the amount to the previous auditor but is not willing to give NOC/ Resignation letter to the incoming Auditor?

What can be the best remedy both from auditor point of view and company point of view?



Anonymous
22 September 2013 at 01:00

Qualify audit report

Dear Sir,
plz solve 2 query
1) ek company jiske 2 banks accounts hai auditor ko only ek bank accounts ki statement deti hai 2nd ki statement nhi deti to is case me disclaimer of opinion audit report hogi ky?
2) if co receive cash from directors and director's relatives then in this case auditor will disclose in tax audit report and will he give qualify report.

thanks in advance


Tusshar mulye
21 September 2013 at 15:17

Query

when internal and concurrent audit is required for newly formed private company


Uma Shankar Gupta
20 September 2013 at 23:56

Mathods of accounting

which is the type of method of accounting ?



Anonymous
20 September 2013 at 23:50

Sign the balance sheet at individual name

I want to sign the balance sheet at an individual name. Can i sign as I have not applied for firm name yet and if i would apply it would not be entertained by ICAI with in 10 days.
Can i sign the balance sheet at individual name? If yes, Then how the name will be appear of the auditor in the audit report as the firm name we write as

XYZ and Associates
Chartered Accountants
FRN

XYZ
Partner
Mem No

How the individual should write when he sign the balance sheet. And how will I fulfill the requirement to write FRN while signing the balance sheet and what are the requirements to file in ROC for accepting the audit for an individual as it is necessary to quote the FRN no in ROC forms?
please guide me



Anonymous
20 September 2013 at 19:17

Internal auditor

Sir,
Is it possible that the internal auditor of a holding company be a statutory auditor of a subsidiary company of said holding company.
Is internal auditor fall with in the definition of employee.





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