some unscrupulous crook presented one forged Cheque of a company in bank and bank cleared the cheque. Company has filed a suit against bank in consumer court.Company is showing the amount of loss as Bank Suspense A/c on Asset side and not writing it off in profit & loss a/c.
is it a contingent asset or not?
Can we issue a clean report giving a note regarding above or we have to qualify report?
(Loss in respect of above is 9lacs and its net profit is 11 Lacs)

Dear All Expert,

Pls tell me new limit of company audit and tax audit,which turnover company is responsible for com. audit and tax audit?

Hi,
Is there any book in the market,that explains how to do the various types of audits in practical way including live examples.I mean, that book which explains how to check each and every ledger.For eg- if any error occurs in cash book how to resolve that error like wise.
Are there any books in markets which concentrate on particularly one type of audit like statutory audit,internal audit that to be in a practical way.
If available,how much it costs?
Thanks & Regards
Balakrishna

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