DURING THE PROCESS OF AUDITING, IF THERE IS GOODWILL IN THE BALANCESHEET, THEN WHAT ARE THE POINTS TO BE VARIFIED AS AN STATUTARY AUDIT?

even private company have to prepare cash flow statement ?

Dear experts...

Can any one tell how to analyse cashflow statement.i mean how to know weather a company manage the cash well or not with a cashflow statement.

Query:-If I am purchasing some Machinery & pay freight for that machinery Rs.50000/- Is their any liability to deduct TDS from freight payment,& pay service tax, if I capatilize this Expenses?????

hello friendz....
can any one tell me the exact meaning cash base system of accounting?
i think its meaning is when u actually paid expense then record it as expense similarly for income also.
suppose
i purchased materials worth rs 50000 on six month credit from supplier on 1.02.2008.now under cash system of accounting what entry i should pass on 01.02.08?
as i have not paid i cant treat it as expense
n if i dont pass any entry then as on 31.03.2008 my balance sheet will not gice true n fair view.....
plz reply
treat assessee as individual/firm etc.
bcoz co.has to follow sec 209

hello everyone,
which book is to be followed for final auditing paper

What is finalization of accounts ? What are the broad steps involced in the process of finalization of accounts?

what are the various points to be covered for half yearly audit of a stock broker as per sebi guidelines

Sir/ma'm,
what things as an auditor should be kept in mind while going through MOA & AOA of a large sized listed company?

From audit point of view please tell me how i check the details when any import or export is done i.e.
1. what is letter of credit
2. bank guarantee
3. other relevant points in export & import

please tell me in detail & from the basic