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...?
Please tell me that is there any difference between statutory report and directors report?
plz briefly explain both.......
What are the difference between statutory audit and tax audit ???
Is tax audit can be done without statutory audit ?????
Hi,
What is the difference between Statutory Audit and Finance audit.
Implied authority of partner iz
a:to open a bank account on behalf of firm in his own name
b: to send goods to trade creditors
c: all of the above
d: none of the above
n plz xplain the concept of implied authority even...
IN THE PAPER OF LAW,AUDIT,ACCOUNTS THE CONCEPT OF BUY BACK OF SHARES AND BONUS SHARE ARE GENERALLY USED.
WHETHER THEIR ANSWER WILL BE DIFFERENT AS PER THEIR NATURE OR NOT.
MEANS TO SAY WE CAN USE DIFFERENT WAY TO PRESENT IN PAPER AUDIT,ACCOUNT,LAW OR NOT
I am doing first time audit of a Tample trust. how should I value land and bulding trust.
1. Land is bought 70-80 years ago and now trust has no documents of purchase. I have got a B-1 Khasra copy of government record which shows only ownership of land. but no documents avalable related to cast of purchase. whether I can value it at current value for the purpose of stamp duty valuation authority.
2. building also built 25 years ago now trust has no records related to cost. how can I estimate it.
3 Can you provide me mandir trust audit format.
X &Co., a chartered accountants firm has been appointed as a statutory auidtor for ABC & Co. Ltd for the financial year 2010-11 at the auidt fee of Rs.30000/-.
Previuos auditor Y & Co.,has been getting audit fee of Rs.50000/-.
Can X & Co. accept the assignment for the FY 2010-11?
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Practice of False Balance Sheet for Loan