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SIVASIVA
28 July 2013 at 10:52

Please help - doubt in adv auditing

My Dear Friedns...

I just want to KNOW the key areas which should be covered in Advanced Auding Paper.

In the last few attempts, i have not touched on Standards on Auditing and CARO. Even didin't cleare the previous GRoup1 Exams. Espcially i failled in Auditing by getting a meagre score of below 25 marks..

SO, DEAR FRIENDS, please suggest me, what are the KEY areas/topics to be covered. Is SA and CARO very important....

PLEASE HELP


heemansoo srivastava
27 July 2013 at 17:01

Audit report

I need to give audit report to an individual medical practitioner whose gross annual receipt is less than Rs. 15 lacs.
what report should I give to him.



Anonymous

There is a limited Co. which has taken Advance of Rs.22.09 Crores from its Group co. for sale of shares before 3years. But till now neither shares have been issued nor advance has been refunded. Is there any legal compliance regarding it.



Anonymous

hi

are F & O Transactions covered u/s 44AD (Presumptive Taxation)if books are not maintained .

I am turnover is less than 1 crore & im having loss , will audit be compulsory u/s 44ab


krishna
27 July 2013 at 12:55

Tax audit u/s 44 ab

Can one partner sign more than 45 audit reports and the total reports signed by him is within the ceiling limit of 45 audit reports per partner



Anonymous

Hi

My turnover of F & O Transactions is below 1 crore during fy 2012-13 & i have incurred loss of 2 lakhs. Will audit of books compulsory for carry forward of loss

Please advice



Anonymous
26 July 2013 at 23:43

Tax audit late filing

my sir had filed audit that had turnover below 10000000 for finacial year 2011-12 in jan 2013, and also filed return

he had paid no penalty....

how can this be possible


Nitin Choudhary

Hi all......

please let me know that can statutory auditor of a PSU can take up the assignment of internal audit subsequent to the completion of his tenure as stat. auditor



Anonymous
25 July 2013 at 22:13

Conversion rate for credit note

which conversion rates needs to be taken for credit notes raised by customer for deffective supply of goods, where the invoice amount is pending?whether the conversion rate taken for converting invoice value or the rate prevailing on the date of credit note.


Asawari Malhotra
25 July 2013 at 07:49

Disclosure

if finance is raised by issuing additional equity shares, then does it need to be specifically disclosed to the shareholders regarding where THAT SUM RAISED in particular, will be invested ?






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