A NOC was sought from the previous Auditor by sending Email with an attachment of a letter in MS Word file. Subsequently the same letter was sent through ordinary post.Further a telephone call was made to personally speak to the previous Auditor. No response was received from him within the stipulated time. Whether NOC sought by Email is considered to be authentic ?

sir,

one of client came to our office and asked to do audit and certification of balance sheet now, from f.y.2009 on wards so what is the procedure in this regard. and what date we have to keep on financial statements

so please guide me how to handle this issue and what is the procedure

and how to appoint auditor in this case

please give procedure to complete this as early as possible.

Recently CBDT has notified to upload Reports u/s44AB i.e 3CA,3CB,3CD etc.My query is as follows:
1.Does it applicable to sec.44AD,44AE,44AF etc.for which audit report is prepared u/s44AB?
2.Should the aforesaid report be filed before 30.09.2013?
3.The report is to be signed before 30.09.2013 and can it be filed after 30.09.2013?

Want an expert opinion.
Thanx in advance..

what is d diff between statuary audit report and tax audit report .when these reports are filed for the year 2012-2013. and to which statuary body these report are filed.

Dear CCI members

1 A private limited company is fulfilling all the criteria of cost audit under chapter heading no 84 & 87....
The company have to file one form 23c or two form 23c for that.
2.one more product is covered under chapter 94.for that chapter cost compliance is Applicable.cost compliance report to be submitted for that particular product under reference or for whole company.
3.can a part time COP holder sing the CAS4 certificate towards cost of production for captive consumption.

MY SALES TURNOVER IS BELOW 60 LACS INCL AS WELL AS EXCL OF TAX & PURCHASE TURNOVER IS 65 LACS.. THAN I AM LIABLE FOR THE TAX OR VAT AUDIT

PLS SUGGET ME

THANKS IN ADVANCE TO ALL CA EXPERTS

Whether publishing professional attainment on websites like Linkedin.com amount to professional misconduct under Chartered Accountants Act or would account to Solicitation.

1. How to calculate interest on fixed deposits when we are auditing a company having fixed deposits.

2. How to differentiate between accured & received & how to calculate that accured amount.

Q 1.Whether audit of all LLPs would be mandatory?
A. The accounts of every LLP shall be audited in accordance with Rule 24 of LLP, Rules 2009.Such rules, inter-alia, provides that any LLP, whose turnover does not exceed, in any financial year, forty lakh rupees, or whose contribution does not exceed twenty five lakh rupees, is not required to get its accounts audited. However, if the partners of such limited liability partnership decide to get the accounts of such LLP audited, the accounts shall be audited only in accordance with such rule.
The above q & a has been downloaded from MCA Portal on audit of LLP. It is clear that both conditions are to be fulfilled i.e. Rs.25Lacs contribution and Rs.40Lacs turnover for statutory audit of LLP. However,while going thru the subject on CA Club, I find that majority view is that if one condition is fulfilled audit is required. Would any one clarify the correct position?
Also wish to furnish the following additional information FAQ:LIMITED LIABILITY PARTNERSHIP
FAQs ON AUDITORS
1. Which Companies require audit?
As per Rule 24(8) of the Limited Liability Partnership Rules (LLP Rules), 2008, every
limited liability partnership (LLP) which fulfils the following two criteria is required to get its accounts audited
a. turnover exceeds Rs.40 lacs in any financial year and
b. whose contribution exceeds Rs.25 lacs in any financial year.

2. Will there be a requirement of audit if an LLP fulfills any one of the criteria mentioned in Question 1 above?
Under Rule 24(8) of the LLP Rules, 2008, an exemption from audit is available for all
those LLPs which fulfill any one of the above mentioned criteria.

Q.2.Is there any format of audit report, P & L
& B/Sheet specified in the statute?

Q.3. Whether amount of interest on capital remuneration to working partner & share of profit credited to capital a/c during the financial year (after formation of LLP) amounts to contribution?

Many thanks in advance.

Sale of business is 8000000 for A/Y 2013-14.
Profit is 160000. Whether there is any liability for Audit.