Dear Experts,

Let me know which type of transactions i have to more concentrate at the time of audits especially pvt.ltd.company.

Also guide me which things i have to more concentrate at the time audits which is corelate with minutes & ROC.

In minutes & ROC what to check.

Reply asap.

Regards,
Prakash Jasani

As per Companies Act (Sec. 226 Qualifications & Disqualifications of Auditors), A Body Corporate cannot be appointed as auditors because it has Limited Liability.

In this case, if a CA Firm is registered as LLP, then, is it eligible to be appointed as auditors?

Please Clasify.

TIA, regards

Arjun

HI EXPERTS,

REPLY AT THE EARLIEST......

A DIRECTOR (WHO IS ALSO A PRACTICISING CHARTERED ACCOUNTANT) OF A COMPANY (X LTD). A COMPANY (Y LTD)WHO PROVIDES SERVICES TO X LTD.

CAN DIRECTOR SIGN THE BALANCE SHEET OF Y LTD?

Is there is any book on Qualified Report by an Auditor?Plz tell me!!! Urgent!

To,
Dear Experts,

I want to know that for the students who has attempt in june 09 and nov 09, which auditing standard is applicable to them. AAS or SA.
Pls reply me fast..
thanx..

Dear Experts,

what type of deduction are company have to do if employees are appoint as a contract base?

Regards,
PRakash Jasani

My client is a real estate pvt ltd co in hyd they have purchases a property at bangalore and say that they will use it for their office purpose.this propery at present are occupied by tenants andduring the FY 2008-2009 the company has not caaried out any business, no other income is also recd from this purchased property. Whether the company has to provide dep on this property or whether it has to be shown as stock in trade.last f807-08 they have showed it under fixed assets

As per AS11 Initial recognition should be done at the rate of exchange prevailing on the "DATE OF TRANSACTION"
What does the date of transations mean?
For Export sales:
at which rate sales to be recorded?
1.Rate on the date of sales bill
2.Rate on the date of Bill of lading

same for Import purchases:
at which rate purchases to be recorded?
1.Rate on the date of purchase bill
2.Rate on the date of Bill Of entry

please clarify the matter soon

Hi
I need a write up for the fixed asset audit work done by us,as we have to report on.....
Physical identification contaning F.A. details, Location,User,Assets Specific details..
Financial Details contaning value,Invoice no.,classification/group,%dep.,purchase date,put to use date,
Capitilisation of assets
Impairment of assets
And all other relevent stuff related to the Fixed Assets Audit.

Dear sir/madam,
I m paying rent on vehicle & for building to same person but rent of building does not exceed 120000.00 but total rent including vehicle exceeds 300000.00 (vehicle rent 180000.00)
Should we deducte tds on total amt or only on vehicle rent.


Regards,
S.k.Sah