Please clarify that whether by-pass services rendered can be accounted on receipt basis?
this by - pass service is a kind of underground storage facility whereby parties are allowed to by -pass theier product and being charged for this service.
So please reply that whether the same in line with AS-9 or not?

Mr X Is proprietor of two business of rice mill .whether two audit report will be prepared or 1? can different a/cing method (Cash or Mercantile) can be applied for these 2 business?

if long term investments are made in mutual funds, at what amount it will be carried in books.
bcoz as per AS15 long term investments are carried at cost whereas it is difficult to identify cost in case of mutual funds.
whether it is correct to show mutual funds at NAV as on the date of balance sheet with what reason.

if any money has been given for purchase of shares but the allotment is still pending, how it will be treated in our books?
whether it will be shown under investments since we have paid money for that or will it be shown as advance since allotment is pending.

is there any need to get the limited review report signed by both the auditors if the company has a joint statutory auditors.

if yes...is it written anywhere in this context..plz suggest its urgent

Does tax audits fall under the purview of maximium ceiling given by ICAI & Companies Act.

Any can tell me, what block assessment

what are the points to be considered while preparing a project report of a manufacturing concern.



please send a proforma project report of a project report to



psrinivas1 @ in.com

what is the procedure to be followed in the audit of an Enterprise involved in Film Production?

Send your suggestions to

psrinivas1 @ in.com

please provide practical steps in audit of a bank with respect to

1.Statutory Audit

2. Concurrent Audit

3. Internal Audit

Please send your suggestions to

psrinivas1 @ in.com