Audit QnA - Page No 581

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Amol Katare

14 January 2009 at 13:37

Audit of Two Wheeler dealership firm

Hello,
I have to carry out the audit of 2 wheeler dealership firm.(Partnership firm)
PLZ suggeest the areas to audited.

Swaminathan

12 January 2009 at 12:02

AS - 7 Valuation - Contract costs

Should we have to include prov for bad debts and foreseeable losses as contracat costs for the purpose of arriving at the Percentage of completion.

Pradeep Kumar

11 January 2009 at 18:58

Query relating SMC and Non-SMC

Can anyone please clarify whether an Indian pvt company which fulfills the first 4 conditions to be considered as as an SMC and which is a subsidiary of a US listed company would be considered as SMC or Non-SMC for the purpose of applicability of AS as per Companies AS Rules 2006.(Based on 5th point in the definition of SMC).

Vivek Sharma

10 January 2009 at 17:53

Revenue Stamp

What would be the impact if we do not affix Revenue Stamp on Cash Voucher whose amount is exceeding Rs.5000...

seema singla

09 January 2009 at 11:36

44AB of income tax act

What is the criteria of tax audit in case of a commission agent whose major receipts are by way of commission and turnover used to be in thousands only. It will be covered under sec. 44AB or sec. 44AF. Also, in the last column of tax audit report, how the ratio as to net profit/turnover to be calculated.
Plz ans.
Thanx

Md. Safi Baig

08 January 2009 at 15:21

guest house expenses

what are the type of expenses admissible under guest house expenses? and what are the expenses not allowed as guest house expenses?

Md. Safi Baig

07 January 2009 at 16:41

miscellaneous expenses

what are miscellaneous expenses? is there a certain percentage of turnover allowed as miscellaneous expenses which a company can incur?

varsha singh

07 January 2009 at 15:21

checklist for audit of listed companies

can you pls provide me with the checklist required of audit compliance of listed company as soon as possible.

vijay

04 January 2009 at 22:13

Empanelment on C & AG

Whether a ACA can empanel on C & AG.

Passed CA in August only.

AKASH

03 January 2009 at 12:59

PRECAUTIONS TAKEN IN VAT Audit

can any one tell me the precautions that one should take as an auditor while filling new audit report form 704.
again
the care which should be taken while doing VAT Audit.

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