Mr.X who is a CA, worked in ABC Ltd as a Chief Financial Officer from 01.04.07 to 31.12.07. After that period he resigned his posting and joined in a CA Firm as a partner from 01.01.08. but which firm is already appointed as Statutory Auditor for the perod 2007-08 by ABC Ltd of its last AGM held on 30.09.07.

Now my question is whether that CA firm can conduct audit for the period 2007-08, because 2/3 of the period, Mr. X worked in the company as CFO.

The Meaning of turnover whether it include the amount of purchase and stock.

For example" if a proprietory concern is having the sale of Rs 20 lacs and the amount of Purchases is Rs 60.00 lac and the amount of stock is Rs 25 lacs then the proprietory concern will have to do compulsary Audit.

Dear Sir,

what is the liability to an Auditor , if he failed to consider anyone or more than one of the clause of CARO,2003 in his report.can he justify , it is the matter of materiality . If he is liable under companies Act , under which section he found liable ?
What is the laiblity under CA Act,1949 ?

When merger of two companies comes to effect in between of the year then is it required to call AGM and appoint auditor in the metting.
Please Reply me urgently.

I want to join an audit firm in chennai.
pls guide me.

Thank you.

Please guide me in the area of Human Resources Policy Audit. Specially in the Pharma Manufacturing unit located in the Special Economic Zone having high rate of the Employee Turn Over. Please guide me regarding employees turnover ratio also

As per FM's clarification TDS will be deducted at the time of Payme made by Client to Advertising Agency.But whether TDS will be deducted at the time of payment made by Advertising agency to Media. If yes at what rate and under which section.

If a Practicising CA receives the commission for recruting a candidate in a company(just like received by companies like naukari.com)whether it will be included in Management Consultancy Services perview?

is it neceesary to create partnership firm to do govt. audits for new comers

What is the procedure for taken concuurent audit. And if we will doing partnership what date will be effective.