Anonymous
02 May 2011 at 15:55

fixed assets

purchase of a D.G set included law charges, other miscellaneous charged paid to governement authority will this cost to be capitalised


Rajesh

Dear Experts,
I am about to attend an interview in a manufacturing company and if the interview is success full i would be joining in the middle level category.
So I PLEASE REQUEST ALL THE EXPERTS IN THE INTERNAL AUDIT FIELD TO KINDLY EXPLAIN ME THESE QUESTIONS SO THAT I CAN ANSWER THE PANEL IN A CONVINCING WAY.
If any of the experts think that some other question might be important for joining in the internal audit please enlighten me, i shall be greatful for all of them who guide me in this regard.
1)Can anyone explain me how is the internal audit done for purchase, sales and expenses in a manufacturing industry (in real)?
2)What are the factors considered by a company regarding PRODUCTION plan to be carried out through out the year at the beginning of a year?
3)Can anyone provide me a proforma report which can be given to the management as an internal audit report for the above.
4)How a company decides to go ahead of an Capital Expenditure?
5)Pls. explain me about Organisation Chart

Thank you and regards,

Rajesh.



Anonymous
01 May 2011 at 01:12

company audit

dear sir/maa'am,

XYZ & co. a firm of chartered accountants has been appointed as auditors of ABC finance ltd. from which son of Mr.X, a partner of the firm took a loan of Rs. 50 lacs. Is the appointment valid???

please reply to my query as soon as possible....
thanks in advance....


student
30 April 2011 at 15:14

intenal control

hello sir i want to know wat is the difference between internal control,internal audit and internal check


Chirag
30 April 2011 at 14:55

Vikas Kapoor Sir Audit Lecture

http://www.youtube.com/watch?v=MAIn8Ib4vi8&NR=1
This is the link to see the Audit lecture by veekkas kapoor sir,

HE IS THE NO.1 TEACHER FOR IPCC-IT, SM, AUDIT.

HIS CONTACT NO - 9818266987


CA.kaushlendra Kumar
30 April 2011 at 13:26

Performa of Quotation

I ve to submit a Quotation for grtting Audit of an organisation.Plz mail a performa of Quotation. my E-mail ID is cakaish@gmail.com



Anonymous

What is the treatment/disclosure of exp. incureed by a Pvt. Ltd. Company on Incorporation . and now where Pre operative expenses to be shown as per new schedule VI of companies act. please suggest me accoding to AS 26 and as IT Act.



Anonymous
30 April 2011 at 09:36

AUDIT

DEAR SIR
WHICH TIME IS COMPULSORY AUDIT IN BUSINESS
F.Y. 2010-2011 AND IN THIS YEAR COMPULSORY NET PROFIT DECLARE 8 % OTHERWISE AUDIT IS COMPULSORY I AM CONFUSING PLEASE ADVICE SEND ME



Anonymous
30 April 2011 at 07:01

section 44ad

i have share trading business[i show income from share under business head]turnover 59 lac and profit 1 lac.salary receipt 60 thousand andint. receipt 60 thousand and int. payment 80 thousand.please advice me is section 44AD applicable to me.and i should audited my account



Anonymous
29 April 2011 at 19:29

tds

Pls tell me the amount to be deposited as "Interest on late deduction" and "interest on late deposite" of TDS in TDS challan in the following case :
TDS for april 2010 - Rs. 1000
TDS For May 2010 - Rs. 5000
TDS for march 2011 - Rs. 10000
The above amount not deducted till yet and the total amount of TDS with interest is to be deposited on 30/04/2011.






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