Which industries are currently covered under CARR(Cost accounting record rules) for maintenance of cost records. Is the frequency of ordering special audits under s233B consistent

Dear sirs,
May i request u to pls. give a guideline on what can be the broad audit process on verification of Fixed assets having WDV value as NIL in the Fixed assets Register.
This will be of immense help to me.

Thanx and regrds
S.K.Majumdar
Asst.Manager(Internal Audit)

Please provide me the scope of internal audit for law firm.

Thanks and Regards

What do you mean by CMA data and what is the utility of it. Who can prepare it and what are the statutory requirements in respect of it.

Respected Sir

Please guide me for : A Partner Ship Firm Purchase Travelling Bills from a Firm Named OM Tourist.Prop Firm.for Travelling Expenses made by partners & Staff for Firm work.We Have Purchased upto today 100,000.00 Bills and paid also.Please Guide should TDS be Deduct. for Bills Credited in Firm Ac. (TDS @ 1%)

Regards

how to prepare query sheet is there any format

Dear Expert



Please give me stock audit format



Regards
Mahesh Siradhana

Now I am on audit of trading company, it deals with buyer according to consignment.So during the audit what complianc should be fullfilled b me? Plz suuggest,......

What is the exact law for " cash payments of more then 20000"

Is it aggregation (sum up) per day per person

Or,

Is it per person per year


Example:

If I purchase goods of Rs. 100000 from Mr. X,

(1)
Can I pay cash 20000 x 5 = 100000
in different dates of the same financial year to Mr. X.

Or

(2)
I can pay only Rs. 20000 Cash in the same financial year to Mr. X. and rest by cheques.

Please guide

What is the difference between Qualification and observation and stating of facts in an audit report?
When do you say the report is qualified and when is it just stating of the facts?