Audit fraudulent words

Expert Sirs,

Please respond to the following with justification. (1)Can any body tell me ....what is the Window dressing , Teeming & Lading in nature of Fraud in auditing? An amount was realized from the Banker by cheque clearance. This c

IF AN EMPLOYEE HAVE BASIC SALARY 15000 AND HE WORKED FOR HALF OF MONTH,THEN ON WHAT BASIS PF TO BE DEDUCTED. THESE 2 SITUATIONS ARE AS:-
a)780*15/3O=390
b)15000/2=7500
6500(MAXIM. 6500)*12%=780

PLZ GIVE ME REPLY ME ON THAT SITUATION

Dear All

Can you please help me on the following.

My son is now studying +2. He is very much interested in doing CA.
He says after finishing his +2, he will take CPT to proceed further to CA.
He is having the opinion that he need not study B.Com to persue CA. He says he will write CPT and join with the Auditor of his friend and start learning things and side by side studying CA.

Is it possible like that. Can somebody help me on this.

Dear All,

A company is developing a software (for own use) which is in progress as at balance sheet date.

Can any one explain me in brief how to identify the value of such software for capitalisation. What are the points/documents which need to be verified.

Respected Sir B.Chackrapani Warrier and other experts, in our case as advised by you, same procedure was followed, but in our case outgoing/refusing CA was telling on telephone to our present CA your appointment is void, as section 224(3) was not followed, because in this case appointment should be done by Central Govt. When outgoing CA was asked about any objection, he did not reply withing stipulated time. Our firm was audited and all other formalties was complete. Now I want to know even if the New CA should be appointed by the Cent Govt, but new CA was appointed as following the procedure shown by you also. What are the consequences on Company Audited and on new Auditor. Please reply after going through the section 224(3).

A auditor gets appointed at the AGM & he has to accept such appointment. What happens if he refuses such appointment? Who is responsible then for appointing the auditor ?

Xyz & Assocites , a chartered accountants firm has been appointed as
an statutory auditor of Abc ltd. at the Annual General Meeting for the
financial year 2009_10 which is held on 30/06/2010. The partner of the
ca's firm "X" was indebted to the company of Rs. 10000/- at the
begining of the year i.e. 1/4/2010. By hearing of notice of the
appointment "X" pays off his all liabilities as on 15/06/2010. Examine
whether the appointment of xyz & associates is valid.

hello sir,

I have a query of whether it is auditable u/s 44AB or not.

In one of the case, a party is selling Fruits on commission basis, in which purchasing from many parties & selling onbehalf of them on commission basis.
But that party is receiveing cheque sometime from retail sale also in his name & then he just issue in the name of creditor( from whom he is purchaseing), after deducting his commission from that amt. && The Purchase bill clearly shows the amt of commssion of that party.

& books clearly shows same amt of commission's purchase = Commission Sales .

Sir, please kindly, help me out with proper explanation, is it liable to Audit or not in case where after adding commission's sales its may goes more than 5 crores. orelse just 10 to 12 lacs.

thanking You in Advance.

& happy Diwali & New year to all.

what is difference betn statutory Audit, Tax Audit & Bank Audit

Dear Sir, i have observed that to take a finance some of the people make the false balance sheet or modification in original balance sheet with respect to loan calculation. i wish to know how far risky it is with respected to audited & unaudited balance sheet...?