Banks need to provide for bad and doubtful debts on all advances - be it standard, sub-standard, doubtful or loss. Then when do banks book BAD DEBTS? When is the auditor suppose to certify BAD DEBTS in case of Banks and/or co-operative societies?

Can date of signing directors report be on a date before date of signing auditors report because when a auditor make a adverse comment about the accounts the DR have to reply to it so how can then the report be prepared or signed or finanlized before auditor sign the AR.

I want to check fresh sanction of housing loan and car loan..........
please guide me the procedure so that i can find out the irregularities....

I want to checck CASH CREDIT for a new sanction........

what are the procedure pls explain ........so that i am able to find irregularities for fresh sanction.........

can company charge depreciation as per IT in balance sheet.? Please give me the reason as well.. You can send your replies on anandkanani4u@yahoo.com also.. Please guide me.. Actually my client is doing that.. And they argue that since they mention in notes they can charge depreciation as per IT In balance sheet.!

As an auditor what things are to be checked if a company has increased its authorised capital from 6cr to 10cr what all documents forms and provision are to be considered by me please help

Dear Friends

Can anybody guide me with the following:

1. procedure for the Change of Auditor of the Listed Company after the end of the financial year (FY 2011 - 2012)
2. also the compliance required to be done by the Company for the same
3. Documents to be collected from the present auditor and new auditor

What is Green Audit????

Hi Sir,

Our Company is having Rs 1 lac authorised capital and these total share issued and now we want to purchase the shares of other copany so directly can purchase the shares or need to increased authorised capital please suggest me clearly.

thanks regards
mahendar

while i am doing bank vouching, if payment made for freight charges, what are the things i have to consider in supporting documents? how to verify it?