In case of death of a proprietor, what is the procedure for continuation of the proprietorship firm by the legal heirs of the proprietor.
Secondly, if the firm is continued by the heirs, will they get the Bank Audit or the Bank Audit of the same level?

WHAT IS THE MEANING OF CIF NAD FOB BASISS.AND HOW CIF IS USED TO CALCULATE VALUE OF IMPORTS AND FOB TO CALCULATE VALUE OF EXPORTS

why we write off goodwill?

Dear Experts I thank you in advnce for the answer to the following:

Can a CA state in his Report pertaining to certain transactions of his Client litigation are also there without the Client producing copy of such ligation to the CA. The CA has submitted the Report to the Client with his Zeal and signature. The Audited Statements of Accounts in Toto with the Reports are to be submitted to Statutory authorities. Assume that the litigation if any are there, why the CA should include the same in his reports?

Further, if the Client canvasses with the litigation document is it advisable to state in the Reports of CA?

Hi
Respected Memebers]

I want to know if suppose one fixed asset sold and thereafter method of depreciation is changed from WDV to SlM OR vice versa.

SO by this depreciatin shall be recalculated retrospective effect from the date of asset come to use.

So my question is Whether depreciation shall recalulated on sold asset?

is there any provision of such?

Respected Sir,

Please explain or give meaning in simple words for partnership firm

Unlimited liability is major disadvantage - The major disadvantage of partnership is the unlimited liability of partners for the debts and liabilities of the firm.

Respected Sir
i need auditor resignation letter format can anyone help me.

Plz Send me in hemantarinku@gmail.com




Hemanta Dutta

As per SA 560 auditor verify wheather the adjusting/non adjusting events adjusted or not?
or he wants to adjust it when he comes to know of it?
suppose closing stock at the end of the year 31.03.2010 is 30000 and after the balance sheet date but before the date of audit report stock sold for 10000.Then what the auditor can do?

Hi every one
Please let me know can we make demand draft in Cash and what is the cash limit please share your opinion with curricular no./ notification no. etc.

Thanks in advance

Sandeep patil
sandeep_patil011@hotmail.com

I want to know the list of all books of account and registers required to be maintained by a manufacturing concern under diferent acts