Audit QnA - Page No 286

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akalya

03 January 2013 at 14:59

Income tax

Sir/Madam,

X ltd has purchased Air Conditioner. For the installation of That AC they have rented a ladder ond paid rental charges of say Rs.600. Whether this charge of Rs.600 can be capitalised? and also say the related provisions in the IT Act.

HARSHIT JAIN

02 January 2013 at 23:53

Critical and non critical inventory

sir pls explain me the difference between critical and non critical inventory....

CA Dauzi Pathan Imran Khan

02 January 2013 at 15:04

Internal audit of hospital

Hello,

Happy new year to all of you. Will any member of our CA Club Fraternity help me out in providing model Reports, Formats and Audit procedures or any kind of material regarding Internal Audit of Multi Specialty Hospitals????

Varun Gupta

02 January 2013 at 14:30

Criteria of revaluing the fixed assets

I just want to ask three questions, regarding the unlisted limited company:-

1) First of all, Whether any antique Sculptures bought for the decoration in the office can be shown under Furniture or not???

2) Secondly, if there is any increase in the market value of that sculptures(shown under Fixed Assets in the books), then can we revalue that asset? If yes, then what is the full procedures of Creating revaluation reserves?
3) And Lastly, What effect would be on the Income Tax, of that revalued asset?

jinesh

02 January 2013 at 14:11

Regarding statutory audit

hi,

I want to know about process of Ledger Scrutiny?

Please explain me in step by step process for conducting scrutiny of each transactions.

what should i do if any transaction/ledger i find not proper? how can i record it?
please explain

meenamadhuri

02 January 2013 at 12:02

Auditing

ceiling limits for statutory audits for ca

Anonymous

01 January 2013 at 20:09

Cag empanelment

What is the Benefit for a CA Firm for applying for cag empanelment?
Thanking in advance.

Anonymous

01 January 2013 at 10:28

Audit procedure of general insurance company

I want to know the Procedure of Audit of General general insurance company. Esepcially the main points where i find mistakes

Rahul C Bhaskar

31 December 2012 at 20:31

Bank audit- limited quarterly review

Hi, friends...wish u all a very happy new year! my firm got Limited Quarterly review of Bank. So Please help me to understand all about limited review. is there any pre-audit programme for this, and what are the things to be checked, pls explain.

Thanks in Advance..