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

what is the difference between equitable mortgage and registered mortgage ?

RESPECTED SIR...

CAN A CHARTERED ACCOUNTANT CAN PERFORM THE AUDIT OF PARTNERSHIP FIRM WITHOUT THE CONSENT OF ONE PARTNER (2 PARTNERS HAVING DISPUTE BETWEEN THEM i e ONE PARTNER WANTS AUDIT OF ACCOUNTS & FILLING THE TAX RETURN BUT THE OTHER PARTNER IS NOT INTERESTED IN AUDIT & RETURN FILLING...

THANKING U....

if CARO is not applicable to the company , then in which format the audit report of the company will be prepared ?
Pls submit the format.........

Dear Experts,

can anybody tell me how to apply for concurrent audit/revenue audit of Banks?

Regards,

SR

CAN PREMIUM BE USED FOR MEETING BUSINESS EXPENSES.IF NO,THEN WHY

why company buy back their own shares from market