Dear Sir,

The company i am currently auditing is in Construction/Infrastructure. They have workers at site who take daily wages and are not working through any contractors as such. They are working and taking wages on a weekly basis from the company. Also as per the management, it is not fixed that the same person will working in one week will work in another week. In such a case, is the liable liable to deduct PF and Esic and compliance with other labour laws. If so, as an auditor what should be my approach.

Thanks in advance.

who can sign legal the balance sheet 2008-09 today

1. ex- president, secy., treasure,of 2008-09

2. present president, secy., treasure of 2009-10

In case of purchase of any fixed assect,cement,iron,P&M,,etc..,Can we claim Cenvat & Vat on these Purchases.


Thanks in advance
pavankumar

sir,
There is a company who has many contracts at different sites.

They prepare a statement for the expenses incurred there by site supervisor.
how to verify the authenticity of the expenses, and other valulable things should i check.

Also tell me appriciable points while auditing.

And how to find out any bogus expenses.

a private limited company engaged in manufecharing business that Company can trading shares and securities in recognised stock markets

is depreciation cumpulsory under the companies act, 1956 by refferinmg to AS-6

If a Chartered Accountant is appointed as an Internal auditor (i.e. as an employee of X company) how will he/she can ensure that there is no loophole in
Purchases
Sales
Expenses
Assets.
What are the internal controls that has to be set up in these areas so that there is absolute control on all these issues.
Thanking you, for everyone who enlighten me on this issue.

The AAS has been change in SA but ICWAI has change not in the book. So what will write in Exame .

My question is what is the selling limit of Audit of a C.A.

1) 30 Audit
or
2) 45 Audit

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Hi,
While capitalizing a new plant installed in factory should we also capitalize engineering fees paid during construction of plant as technical know how?
A contract was given to one party for engineering services, Engineering fees are paid towards (1) inspection of material purchased from other side
(2) inspection of work done by other service provider
(3) Manpower expenses paid to engineers of this said party (as per agreement)

Under which head these expenses should be capitalized - as engineering fees with total cost of plant or as technical know how?