Anil. bhake
14 October 2011 at 15:39

Ceiling of no of audits

Dear Experts

Please advise me on the following

According to companies Act and Read with ICAI Provisions a person can be auditor for 30 Companies.

My Doubt is whether these 30 are 30 companies are 30 audits. Because in the current year i have the audits of around 20 companies for the years 2009-10 and 2010-11 that means total audits coming to 40. Can i sign the total 40 in my individual capacity.

Please suggest me the provisions with reference to the concerned sections and case laws if any.



Anonymous
14 October 2011 at 11:33

Sales cuf off

how to take sales cut off as @ 31st march
for every year please help any one


CALTON DENNIS
13 October 2011 at 07:40

Appointment of auditor

While Appointing Auditor in the AGM .. The Appointment should be in the name of the Auditor or in the name of the Audit firm ..

Whether the appointment will be intimated to the auditor by the Auditor's name or Audit firm's name
Note:If the Audit Firm is a Proprietory Concern..



Anonymous
12 October 2011 at 17:07

Financial ratio means

HI
MEMBER

I WANT TO KNOW ABOUT DEBTORS TURNOVER RATIO?

FOR GOOD POSITION OF COMPANY WHETHER IT SHOULD BE HIGH OR LOW?

WHAT ARE CONSEQUENCES OF HIGH OR LOW RATIO?

PLEASE EXPLAIN

THANKING YOU IN ADVANCE



Anonymous
12 October 2011 at 16:58

Debtors turnover ratio

HI
MEMBER

I WANT TO KNOW ABOUT DEBTORS TURNOVER RATIO?

FOR GOOD POSITION OF COMPANY WHETHER IT SHOULD BE HIGH OR LOW?

WHAT ARE CONSEQUENCES OF HIGH OR LOW RATIO?

PLEASE EXPLAIN

THANKING YOU IN ADVANCE


shubhankar mukund kulkarni
11 October 2011 at 21:42

Scoreing 50+

sir can it be possible to score 50+ in audit by reading SA, company audit, govt. audit,CARO,vouching & verification of assets & liabilities& specialized audit etc.?



Anonymous
11 October 2011 at 17:42

Meaning of ratio

HI

RESPECTED MEMBBER

I WANT TO KNOW MEANING OF INVENTORY TURNOVER RATIO?

WHAT IS GOOD FOR COMPANY WHETHER IT SHOULD BE HIGH OR LOW?

WHAT IS CONSEQUENCES OF HIGH AND LOW TURNOVER RATIO?

FOR GOOD COMPANY PERFORMANCE WHAT SHOULD BE THERE HIGH OR LOW?



Anonymous
11 October 2011 at 10:38

Audit under partnership firm

after auditing ,CA issue report 3CD & 3CB.
IS NOW B/S & P&L A/c is required to submitted unfer Form 23 to Roc?
i am not sure about form
pl guide



Anonymous
09 October 2011 at 23:47

Cash retention limit

Sir,

is there any cash retention limit by any type of business concern whther proprietary, partnership, company, Aop or BoI....


Narayana rao

Dear Sir,

I woulld like to know the applicability of provisions regarding paragraph-4(xiv) of Companies Auditor's Report order 2003. We have invested Rs.1 1ac in the year 2010-11 in SBI mutual fund in a view to holding investment not as trading purpose. Please clarify is this investment is allowable or not.






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