company is booked foreign exchange differance at time of expense booking and at time of payment also.

wether is it as per AS 11?

is it allowable?

Pl Tell me what is activity of a Internal Auditor as per his designation?
For Cheif Internal Auditor
For Sr. Internal Auditor
For Jr. Internal Auditor
For Audit Asst.
For Any other post in Internal Audit Dept.?

One of Our Vendor previously work for us as Jobworker till month of Feb.09 and after from Mar. 09 Agreement Changed between us, and he charged full bill i.e. RM+PM+Processing Charges, Hence he must charged VAT of amount.
But he charged SErvice TAx as per previous practise and we booked his bill in accounts in March 09 and we final our Accounts Book.
Then what is process of Revision in Such a case for Charging VAT Instead of Service TAx?????

After amendment in service tax rate @ 10.30%, the company is still charging service tax @ 12.36% , and for the same taking setoff or deposite it in govt.

the same is happening with company also, there are some parties who charge s.tax @12.36% on company.

the comapny is aware about the amendment in s.tax.

Question:
wether it is allowable or it should be rectified?

if it is rectified then how?
and if co. going to rectified than wether co. take setoff for the excess rate?

dear all
while going through module i did not understand the given sentence
"if inherent & control risk is low then auditor can reduce his audit risk to acceptable low level"

please explain if possible with example.

This is with refrence to Profession Tax.
We are aware of due dates of remittances of PF and ESI remittances.
Is there any such mandatory due date fo payment of Profession Tax?
And what about the filing of returns? Any such mandatory requirements?

plz send me comparision of above

What are the rules and regulation of a company auditor.

Plz help me how to Audit Drs/crs & F.E. fluctuations in Internal Audit.

plz help me

Can any body send me the major accouting stadard differance between Indian accounting stardard and IFRS accouting stardard.AS you aware IFRS is mandatory in India from 2011.If accouting stardard wise comparision is there it will be better.So i can mentioned in my account as a change in accouting policies.

Thanks in advance