hello friends..
i am doing audit of co.who has not reversed the credit availed on purchase of goods when these r returned
so now as an auditor what should i do?
bcoz all types of vat returns has already been filed by co.
n what will b the solution now
as an auditor,whether i should make it correct or
what to do?

How to conduct stat audit of insurance co. which aspects we have to check while audit... can anyone tell me in detail.

hi,
i had completed my pe2 in may08, now iwant 2 go through article ship/Apprenticeship but i don't know the main difference b/w them.so ,plz friends help me about d same. AND
how would be d same [articleship/Apprenticeship] to become a good experience&professional. i.e., what should we have 2 do right through this d same& wht r d different approaches 2 face & succeed dis.
so, plz help me d same no body is der 2 tel me about dis sothat im grateful 2 u.i need it very urgent bcoz i want 2 join as early as possible.

Hi

Can any one suggest the roles and responsibilites of an Internal Auditor

Please provide temple audit programme.

A person neither a CA nor a lawyer not holding any professional qualification but filing and preparing IT returns and gross is more than 10L. If tax audit is applicable? If he will be treated as professional?

Dear Sir/Medam

I want to Know For F.Y.2007-08 that following situation liable to audit.

1) Business : Share Trading

2) F & O Turnover : Difference Between Shares & Purchase Rs. 230000 and Script Turnover Rs. 50,20,0000

3) Intraday Trading : Difference Between Sale & Purchase Rs. 125000 and Script Turnover 60 Lakhs

4) Deliveryu Based Turnover : Delivery Based Turnover we show as a investment profit caculate as a capital gain. Rs. 48660

Please give me answer that we liable to audit.

Dear Sirs,

Whether an individual FCA practising experience of 20 years needs any more conditions to be satisfied to get bank audit of public sector banks(ie for multipurpose empanelment form).

i am conducting one manufacturing company statutory audit in this audit what is the procedure and how to conduct audit more afficient manner ...can you give guid books for that

hello everybody
i am auditing an organisation which deals with foreign currency they use to import goods and after adding their cost & profit sell them, i would like to xplain it with an example:

LET on 1/5/2007 they sold goods worth $100 then the dollar rate was Rs.40(let)

as the customer pay through credit cards bank credit the amount after 3 days then rate let was Rs.39(let)

the problem is that if they book their sale on 1/5/07 their will be loss due to exchange fluctuation and if the rate i mentioned r changed i.e
1/5/07 Rs.39
3/5/07 Rs.40
their will b profit this is not giving me the correct sale figure and this is effecting the profit