Dear Sir/Madam,
!! URGENT Reply Required !!
I just want to get an expert advise on following issue:-
1] If a person is carring business of Sell & Purchase Of Gold jwellery and Money lending on hypothecation of gold, then how his turnover is deceded for Audit purpose?

2] If Person is only carring bussiness of Lending Money on Hypothecation of gold then , when he will be eligible for Tax Audit?

Sir,
I have a query regarding prior period expenses. if exps relating to year 2010-11 are entered in the books of year 2011-12 and also the bill is of date before 31-03-2011, what shall be the tax treatment?

Dear Experts,
Please tell me what are the procedures to be followed with respect to a stock audit of a manufacturing company should be done if we are the internal auditors.
Please explain me in detail right from GRN creation to accounting the purchases.
Thanks & Regards,
Rajesh.

In a CC account,the outstanding as on 31.03.2012 is less than the sanctioned/ drawing limit. There are no credits in the current quarter to service the interest debited in the current quarter. The interest of December quarter is srviced. Can this account be classified as out of order and made NPA

i am in want bank excel bank audit tool. ie., how to convert the zip format files given by the bank to excel format. CA. D.venkataraman Tamil Nadu has given a format for conversion of bank data in excel format, if any one having this format means send me to the following mail ID.

Mail ID : auditorsurya@gmail.com

plz suggest me imp. topics and chapters to study for itsm and audit?

1)i want to know how the firm get concurrent audit, stock audit, revenue of banks, internal audit,
how a ca when start practice got the audit.

2)as and when i got COP and got firm name approved by icai can i made application to aal govt banks without any requirement by bank for empanelment.

3)in which month i should send application for empnalement.

4)when i send for empanelment should i send 1 copy to regional office and 1copy to zonal office and 1 to HO.

5)for getting internal audits of various compnies what should i do

Respected experts,

1) What does TRF-RM Fund mean in an audit report of a Co-operative housing society ?

2) What does Depreciation mean in an audit report of a Co-operative housing society ?

in the case of private limited company with registered office is in one state and branch office situated in another state of india
( where more business transaction occurs),

1)is it correct to operate banking transactions and account transactions regarding share capital increase etc by the branch office with it's accounts section (ofcourse under written concurrence from regd office)

2)will it be enough if the copies of transaction entries could be supplied for audit in the regd office for the audit of the whole company

Please specify key points while conducting bank audit.