I have a query regarding Ceiling on the Number of Audits..
i know the limit is 20 (excluding pvt ltd companies etc) for a partner but in my firm the partner easily signs more than 20 audits.. the ICAI also has an announcement saying company audits will be max 30... but here too my partner signs more than 30...
also can someone explain that if there are 5 partners in my firm the max number of audits would be 100 but is it restricted to 20 per person?

Hi all,

Where we have to disclose the actuarial losses or gains... as per Acocuinting standard AS 15

Hi all,

My client got the actuarial report from independent professional for leave encashment and for grautity. So as an auditor is there any need to verify that or can we rely on the report. I hope u got it. pls do the need ful as early as possible

Thanks in advance

Dear Sirs,

Please advice how to do limited reveiw of a listed company and what areas to be covered.

if we change the method of valuation of inventory from fifo to weighted average method then it is required to change the value of opening stock and adjust the difference with the current year profit or loss.

and the other thing can A.O. rejects the change in method of valuation of inventory that we have adopted ? can he disallow the treatment ?
Please give me any case reference or judgement for this situation.

which color pen used by statutory auditor & internal auditor while cheking vouchers etc.
if we are working in office & we have to check the voucher as internal cheking then which color pen we shoud used?

is audit required for a company having a turnover of less than 40 lakhs. If not who can file the returns. A chartered accountant is necessary to file the returns. Kindly suggest me

Dear Sir

I am 45years old and Completed by MBA through Annamalai University and at present working as senior executive in a service industry. Shall i join CA. IF it ok means send me the way how to join.

REGards

BRSVASAN

sir
can any one pls explain me the procedure of Import purchases & Export sales

and what doctuments need to see while conducting audit ?


Thanks in advance

pavankumar

Can the auditor directly take expert opinion on matters where he needs expert inputs, in connection with issuing a report or certificate? Or, is it compulsory to route it through the client always?