Anonymous
17 July 2013 at 13:40

Audit under section 44ad

Plz send me the format of audit report u/s 44AD.
and give the details which require to be taken care while audit u/s 44AD



Anonymous
17 July 2013 at 00:03

Credit risk mitigation

Respected Sir;
I am an article of second year and my principal has assigned me a work related to audit of credit risk mitigation of a MNC bank. Kindly help me earnestly to know what to do regarding this assignment
regards.


ashutosh
16 July 2013 at 19:22

Goods and inspection note late

what are the effects,on grin late . Does it effect revenue leakage or just affect co. to co. policy


HARENDRA SINGH
15 July 2013 at 19:55

Commission received

Dear Sir,

One of my assesses is engaged in tour & travel business. He is received commission more then 5 lac.

Kindly advise to me he is liable for audit u/s 44ab or not


Guest

Dear Sir,

I am a member in practice. I have obtained a mortgage loan from a bank. I want to know whether I can accept appointment as the stock auditor of the same bank. In stock audit the auditor is required to express opinion on the financial statements of the borrower i.e. party of the bank. Stock auditor is not required to express opinion on the financial statements of the bank. So this is not a violation of the professional ethics in my opinion.

Kindly provide your opinion on the matter.

Thanking you.



Anonymous
15 July 2013 at 18:06

How treat the cash withdrawal

in a newly started company one of the director withdraw cash from bank his own name .actually the cash used for need company preliminary expenses . i want to know about how the auditor treat the this transaction as cash withdrawal by the company or loan to director.



Anonymous
15 July 2013 at 14:58

Tax audit

I had some questions related to Tax Audit of Co Operative Banks :
1. Why co operative Banks use word limited even when they are not registered under companies Act?
2. Whether Alternate Minimum Tax is applicable to Co Operative Banks?
3. Whether the provision for NPA made by bank is a allowable expenditure?
4. Whether AS 22 regarding DTA/DTL is applicable to Co Operative bank and what if the bank does not make provision of DTL or DTA?


ABHISHEK AGARWAL

Dear All,

Can anyone please provide me Concurrent Audit Format for CDR Audit.

Thanks in Advance

Abhishek Agarwal


Anup Gupta
13 July 2013 at 15:00

Related cost audit



My query is that one of my company having a turnover of Rs 100 Crores in the year 2011- 12 and Rs 90 crores for the year 2012 -13 whether the cost audit is compulsary for both years.

My company falls is a steel manufacturing unit.


shrikant
13 July 2013 at 11:47

Qualification in auditors report

A report was qualified for FY 2011.12 of a Pvt. Ltd. Co. for showing excess income and consequntly showing excess receivables as on 31.3.12. For FY 2012.13 is qualification necessary if receivables are continued with excess balance as on 31.3.2013?






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