dear exparts

what is IFRS all about?
what is the implication of IFRS on AS?
is a replacement of accounting satndered?
thakns in advance

Hi,

I am a recently qualified Chartered Accountant.
I would like to know whether the Standards on Internal Auditing have been made mandatory. if so from when?

what is the difference between RTGS
and core banking?

Rates for profession tax will be determined based on basic salary or the actual salary received by the employee? If the employee leave the organisation after serving for part of the month then PT will be deducted on his basic salary or the proportionate salery for the days he is in service.

dear friends,
pls sent me how to do purchase & sales audit in good manner. pls sent me the steps also

i wanna know the auditor report format in case company not covered under CARO

IF CO NOT COVERED UNDER CARO THEN WHAT WILL BE THE FORMAT?

dear friends,
pls sent me how to do purchase & sales audit in good manner. pls sent me the steps also

Dear sir, please consider the following example:
XYZ Pvt. Ltd company, engaging in medical treatment services, there are two directors, and also share holders, who are also professionally qualified Doctor's.
They employed some more doctors and who are also required bring a deposit of say Rs. 1,00,000/- each. which refundable at the time of leaving their employment.
The company didnot keep that deposit money in a separate bank A/c, but it was utilised by the company business operations.
While during statutory Audit, Auditor finds this issue which is in violation of section 417. However, the management contends this, since it is closely held company, it need not mentioned in Audit Report.
Query:
1. What is the Auditor duties in this non-compliance of Section 417?
2. whether Auditor can make a qualified report or to accept a management contention?

I have started a Pvt Ltd Company in APril 2010.I have not yet appointed my auditor. I want to know Can I appoint my auditor later and what is the procedure for appointing an auditor?

Thanks

Sir,
I have given three times pcc exam. But all the time my marks in auditng and insurance become very law. while question paper of auditing i done very well. I done know that where are i am wrong. please tell me how could i increase marks in auditing. Please help me.