Anonymous
24 November 2012 at 12:55

Audit process

As a auditor how to start audit?

I mean, which document/ evidence, register books, a/c books I collect from Management, from where to start checking

Please give the answer from practical ground.



Anonymous
23 November 2012 at 11:56

Salaries & wages

Sir..
any one can tell what are the areas and how to verify the salaries & wages of pvt.company in case of internal audit & what are the laws i have to follow while doing verifying the salaries & wages...


with regards
G.Nagendra babu
Audit juniour(M&V ca's)


Dhaval Trivedi
22 November 2012 at 16:32

Trust audit guidance section 58

Dear sir,

I have a query regarding computation of contribution payable to charity commissioner.

A trust is running a gaushala. It recieves cash donations from donors as dharmada.

The donation recieved are used for maintainning cows their feed and veterninty treatment as ill cows are with gaushala.

Whether all donations recieved are liable to contribution to charity commissioner???

The donations recieved are in excess of Rs.5,00,000/-


Sandeep Kumar Gupta
22 November 2012 at 16:02

Caro

dear all,
i want to know that weather security premium will be added in share capital while chacking applicability of caro.
thanks


RENU (Article Assistant)
22 November 2012 at 11:34

Due date of annual return filing

what is the last date of filing of annual return if AGM is adjourned, and what is penalty of late filing .. plzz reply


regards



Anonymous
22 November 2012 at 10:50

Cost audit

As per Cost Audit Rules, 2011 a company complying with certain provisions has to file Cost Audit report in Form I,with CG provided by MCA and for filing Compliance Report a company has to file the same to Central government in form A.
And so my company has to file Compliance Report and the form for filing it is Form A.
Can anyone please tell me from where i can get form A as MCA did not provide it.


Naveen Kumar
20 November 2012 at 14:01

Perquisit

Hi Friends,

A company incurring Parking Charges on behalf of Employee. Can we treat it as Perquisit in the hands of Employee ?

Each Month the Parking Charges are Rs.3,00,000/-

Please provide me solution as early as possible.


sreenivasa.bhat.s

Dear All,

What is the procedure for appointment of Cost Auditor for obtaining Cost Compliance Report as per the above rule??

Is it necessary to appoint such Auditor by the Board or it (the Cost compliance Certificate provided by the Practicing Auditor) only needs the approval of the Board?.

As per the above rule, there is no such provision for appointment of Auditor by the Board, but it clearly says that the compliance report should be approved by the Board of Directors, then only company can file the Form A.

Kindly revert at the earliest.

regards,
Sreenivasa Bhat


Parth
20 November 2012 at 13:51

Procedure for audit of debit note

1)The company has lots of Debit notes.
2)What points should i consider While auditing it ?



Anonymous
20 November 2012 at 12:24

Vendor reconciliation query


Experts,

Port is our vendor periodically port send us statement of Account,

we made our reco as under---

balance as per our book xxxx

less- invoices debited by port but not accounted by us. xxxx

add- amts. credited by port but not accounted by us xxxx

less- amt. paid by us but not accounted by port xxxx

add- invoices accounted by us but not accounted by port xxxx

add- payment not accounted by us credited by port xxxx


now, under the head

Less- amount paid by us but not accounted by port

there are many open items related to TDS " just written as TDS"

what it mean?





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