I was treasure of rwa society registereed 1860 in meerut,for financial year 2007-08. Auditor was appointed by registratar of society in 2008-09 but audit was completed in march 2010. MY question is
a. can legally I sign as treasurer of scoeity in 2010.
b. Auditor has written a letter present body that president, gen. secy., and treasurer of 2007-08 will sigh the balance sheet. My view is that it will be sign by present body not old body

WHETHER CO-OPERATIVE SOCIETY IS SUBJECT TO COMPULSORY AUDIT?
WHAT ARE THE CRIETERIA FOR AUDIT OF CO-OPERATIVE SOCIETY?

Whether listing agreement between a Company and a stock exchange in India requires the Company to prepare interim financial report in the same line of Annual Report.

For how a long a company that has just come out of BIFR continue to show Capital Redemption Reserve? The same was, however, created a long ago.

sir we have a client based on orisa- he runs a school there register under society act.
He required us to give him audit report. I am confused with whether we will submit our report under Orisa society act. But then question comes whether is there any Orisa Society act.please suggest. it is urgent

Dear sir,
during the audit i found that the company deposited the EPF and ESI after due date, so i want to know that what should i do,, or what is consequences of late deposit or EPF and ESI or i want to know about any penalty?? please tell me

thanx
regards,

Hi Expert,

Can you please clarify whether For calculating limit of Rs. 40 lakhs for tax audit purpose Sales/Turonver/Gross Receipts to be clubbed for all business OR to be considered individually?

Say:

Whole Sale : 25Lakh
Retail : 10 Lakh
Commission: 6 Lakh

If Tax audit is applicable how many forms 3CB/3CD needs to be submitted?

Also will Sec 44AF will be applicable on Turnover of Retail i.e. 10 lakh?

Please Guide....

Regards
Gaurav

Can any one suggest me about the applicablity oy 3CA and 3CB ?

What in your opinion is the biggest risk in auditing a software company and why? can any one help more of the interviewrs are asking such questions.

A co. wants to change its valuation method of closing stock from FIFO to Average Stock method.by doing so profit of the co. is increased so there should be no objection to revenue authority in changing the method of valuation of closing stock.
is this manadatory to continue that method in future and as a statutary auditor what we have to disclose in our report?
Reason for changing the method is required to disclose?