Ajay kumar Singh
16 April 2013 at 17:06

Query

if a firm take any auditor ship of the company then can partner wife take the retainership for book keeping or not



Anonymous
15 April 2013 at 17:50

Concur audit of bank

Hello sir,,

I am getting a job in a bank for concuraudit purpose I dont have any idea about this

Please send me the process & how it works I dont know tally is tally necessary in concur audit... Please do let me know as soon as possible


prashant tawade
12 April 2013 at 21:10

Accounting standard 2

Hi.,

I would like to know .. Is it Physical Stock Verification Audit is it Part of Accounting Standard 2 in Public Limited Company, If Management is Following All the norm & Application.

Kindly verify.

regards in Advance,
Prashant


Chaitanya Subash Pujari
12 April 2013 at 12:10

Misconduct

CA is appointed as auditor in a company in which his partner or wife is having substantial interest.
Can he express his opinion on such financial statement by disclosing his interest in his report? or he is totally not allowed to express his opinion?


SOWMYA
11 April 2013 at 09:53

Confirmation letters to debtors

IN THE REAL AUDITS DOES THE AUDITOR SENDS CONFIRMATION LETTERS TO DEBTORS

IF SO, IF THE DEBTOR DOESNT RESPONDS WHAT HE SHOULD DO?

PLEASE EXPLAIN IT

THANKS EVERYONE


Merina

Hi I am doing the audit of a construction company. They are buying river sand from different people ( It is coming under 'unregistered purchase' ). Almost all of them were cash payments and some exceeded 20,000 also. The yearly payments to all of them run to Lakhs of rupees.

The suppliers wont supply us any bill (Local people) and not having PAN.

Should we deduct TDS for payments to such people or such purchases attracts any other tax ? If any other treatments is there kindly let me know.

Kindly reply


Rajesh

Dear Experts,
Petty Cash balance verification this query is unaswered for a long time...
Very urgent....ur guidance is highly appreciated....
Tomorrow i have to verify the petty cash balance, please specify me...how i have to verify the cash balance....
Thanks & Regards,
Rajesh.


HIMANSHU
06 April 2013 at 19:15

Applicability of sec 44ab

Dear Sir, please clarify the following situation relating to applicability of Tax Audit:
1.Turnover for P.Y. 2012-13 is 75 Lakh, and net profit for the year amounts to Rs. 2.25 lakh, all the books as per sec 44AA are maintained will there be requirement to get the Accounts audited?

2. what will be the situation if the same person get his accounts audited for P.Y. 2011-12 due to his turnover of 65 lakh. will he be required to get his accounts audited for P.Y. 2012-13 if his turnover is 75 Lakh?


Adityavikram Banka

Dear Sir,

as per new amendment,
Only a CA with 3 years of audit experiance of society audit can audit a Society.

Is this amendment also aplicable for Audit of Housing Society.

I have just started my CA practice,
so this means I will not be eligible for Housing Society Audit.

Sir Please Guide me, as I have been aproched by a housing society for audit.


Radhakrishna
05 April 2013 at 19:12

Date of board meetings

Is it necessary to conduct a board meeting to conduct an AGM? if so when it should be conducted ? and when the AGM is to be conducted after the completion of Board Meeting? Please provide the ans with an example






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