Anonymous
20 March 2010 at 19:37

Best book for Audit

Hello Experts
I m a pcc student and have been failing in audit for the previous two attempts. please suggest me some good book from where i can do audit.
Thanks


CA Huzefa Hamid
19 March 2010 at 23:28

Company Audit

There is the limit on the total number of Company audits u/s. 224 (1B), I would like to ask whether the Audit of a NON PROFIT MAKING COMPANY will be counted for the purpose of Ceiling under above mentioned saction.


NITIN
19 March 2010 at 17:14

term sale or turnover

For audit U/s 44AB the term sales or gross turnover means including all taxes or vat or only sale amount



Anonymous
19 March 2010 at 16:50

treatment of Pre Operative Expenses

Respected Sir/Mam

Plz give me the Clarification on Pre Operative Expenses.Luxmi Ind(Parnership Firm) expends the money on diff. ways i.e. for land,building,labour charges for building,Bank Charges, Brokage for rent,salary for adminetc.

Production start Date 01-09-2009.
First Sale invice Date 11.09.2009.

Pls give me solution for expenses for the year Apr08 to March09 and Apr09 to March10.

Thanks in advance...


jitesh
19 March 2010 at 16:18

Impact of Board meeting

Dear sir/seniors

Can u plz suggest me the impact of a board meeting in the said case

1. The name of the director appears on board meeting but the same director at the same time was out of india.
Actually in most of the small companies board meetings are conducted in a paper only no actual BM conducts by them.
I came across the situation where i found that one of their directors name appeared in the board meeting but the same director was out of india.
As a auditor what is my responsibility under-
1. CARO
2. Cos Act
3. SEBI
4. any other statute/act

your answers must be supported with evidence with reference to act


Sunil
19 March 2010 at 16:10

Previous Auditor Not Giving NOC

We are appointed as auditor of prop. business concern, when we contacted the previous auditor for getting NOC, he refused to give in writing. We had sent the letter through speed post, which is also returned.Now what we do?



Anonymous
19 March 2010 at 11:43

capitalization of expenses

if we pay consultancy fee to the party regarding the project and for the over all supervision.(which will include supervision of building construction.)

what will be the accounting treatment for that whether it will be capitalize expense or a Revenue exp



Anonymous
18 March 2010 at 20:09

Internal audit of a company

Hi,

Please guide me on the matter of Internal audit of a company. What should be the workflow of the internal audit? Can i get the presentation format which we require to present to the management??

We also have problems in qouting fees for taking up the assignment as an internal audit. Any known formula??

Regards,
Satyendra


CAAMOL

tell me some tricks about audit of payroll


jitesh
18 March 2010 at 11:19

Board meeting imapct on audit

Dear sir/seniors

Can u plz suggest me the impact of a board meeting in the said case

1. The name of the director appears on board meeting but the same director at the same time was out of india.
Actually in most of the small companies board meetings are conducted in a paper only no actual BM conducts by them.
I came across the situation where i found that one of their directors name appeared in the board meeting but the same director was out of india.
As a auditor what is my responsibility under-
1. CARO
2. Cos Act
3. SEBI
4. any other statute/act

your answers must be supported with evidence with reference to act






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