Anonymous

what is the scope of statutory audit and tax audit and what is the difference between the same
can a co.appoint two different auditor i.e one each statutory and tax auditor
how i will compute the ceiling limit in this case
as per ICAI GUIDELINES the ceiling limit of audit is 45.can any one explain this how much co audit and tax audit a ca can sign.


yashsr

Hello,

I want to audit Co-operative Housing Society in Maharashtra. I've heard that a Chartered Accountant has to attend a 3-4 hours lecture on the same and get a certificate only after which this is possible. Where can I attend this lecture and is it really required? Please give me insights.



Daniyal
21 August 2012 at 12:33

Intercompany balance confirmation

hi can u ans 1 question pls ...if a co located india wants to get balance confirmation from associate enterprise located outside india ..in which currency it will provide confirmation..in INR or the currency prevailing in respective country.

dibn2710@gmail.com



Anonymous
21 August 2012 at 12:20

Audit limit

i am having turnover of 30 lac in 11-12. my business is to provide security servicess. can i need to do audit as i give only service.



Anonymous
21 August 2012 at 11:55

Referance book for accounting satndars

Please suggest some of the best reference book for accounting standards (including INDAS).



Anonymous
21 August 2012 at 11:25

Tax audit applicability

One of My Client is having sub dealership of Two wheeler Vehicle,You can also treat that sub dealer as commision agent because he is getting only certain fixed commision amount. & he is not authorise to issue invoice to the Customer instead he is giving receipt of cash received if there is any sale.Sub Dealer is purchasing vehicles from main Dealer On credit or cash & he is getting commision from main dealer if sale is made the point is that the total turnover of purchases & Sale on Bank Statment is Excedded Rs. 1 Cr whether tax audit provisions are applicable or Not?



Anonymous
20 August 2012 at 18:16

Caro

clause no x of caro, we have to report on
"in case of a company which has been registered for a period not less than five years, We have to reports its accumulated losses at the end of the financial year are not less than fifty per cent of its net worth and whether it has incurred cash losses in such financial year and in the immediately preceding financial year"

what if the company is less than 5 years old and have accumulated loss and also incurred cash loss?



Anonymous
20 August 2012 at 17:43

Vat audit

WHAT IS VAT AUDIT ? WHEN IT IS TO BE DONE ? WHAT IS ITS DUE DATE ? WHAT ARE THE COMPLIANCES TO BE CHECKED ? IS THERE ANY PRESCRIBED FORM FOR VAT AUDIT REPORT ? PLEASE DESCRIBE THE PROCEDURE HOW IT IS TO BE DONE ?


Guest
20 August 2012 at 16:54

Audit of banks

What is the procedure for the audit of banks?? is it different from ordinary audits??


Rahul Singhal

Respected Experts,

I am the Auditor of My Real Brothers Partnership Firm for the FY 2011-12..I Just Want to ask

1. What sort of Disclosure i used to give in the Audit report...Kindly Specify the Drafting language.

2. I had given Rs 200000/- in the form of unsecured loan in the partnership firm..Is there any Disclosure of the same is required.

Kindly resolve my issue.

Thanks in advance






CCI Pro



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