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

IS IT NECESSARY TO OBTAIN CMA PREPARED BY CA
ALTHOUGH CA CAN'T CERTIFY THE SAME

Dear Sirs,

I have appeared in Nov. 2010 CA final examination and hopefully waiting for my result. I wanted to start my own practice as my articleship will terminate in next month. Whether concurrent audit and other audits in bank like revenue, stock audit require experience? What is the procedure for this assignments? Plz specify other area which will help at starting point of practice.

Thanking You

AS ICAI announce that IFRS is not must for agriculture sector, so plz confirm that is RICE industry covers in this exemption?

In a company making readymade garments,the raw material cloth is purchased from outside.It is cut eg.1 metre to make a t-shirt .then it is embroidered and stitched and the t-shirt made.

So the labour charges for embroidery are to be included in the cost of raw material ie cloth or as separate labour charges?

Dear all,

i have a clarification.

Here there is a Canteen in a factory run by contractor, there are 4 employees of this contractors.

This factory is however covered with ESI & PF clauses, but this contractor has not get himself regsitered under ESI PF.

when told that now the Company has to deduct ESI PF for this contractor on bill, the company said that bill is raised for only food bill charges.

however the company has suggested the contractor to get himself regsitered for PF ESI.

Is this approach right by the company?
since there is no detail on basic or gross earning what amount should then company deduct ESi PF.?
Further what are the consequences to be faced by the company as the Contractot has not registered neither company.
is there any penalty,fine,imprisonment for Company.?
Also is there any time limit within which registration should happen by Contractor?

kindly clarify Pls.

Ragards
Feroz