The company has a policy that assets will be purchased for employees and the cost will be recovered from the employees in the next four years. When the employee will leave the organisation, the asset will be transferred to the employee.

Can the same be treated as a fixed asset and depreciation can be claimed???

For right information go to rbi site>bankers>appointment of statutory auditors. Till date only list of SCAs is being shown on this link and list of bank branch auditors (SBAs) is not to be hosted...

My friend received allotment of 2 branches from INDIAN BANK...??????

Is it possible..????????????

Can we find out the way to detect wrong delivery made to customer against wrong DO.

Breif:
In our company we found that article X wes delivered to one of my customer instead of Delivery order of Y.

I understand that the first auditor should be appointed within 1 month from the registration.
1.)My question is that "is intimation of appointment to 1st auditors by the co. required??"if no, then why because it is required for subsequent auditors
2.) 1st auditors r not required to inform the registrar about their appointment.why is it so?
3.) notice to be given to central govt. within 7 days.from where we have to count such 7 days because auditor is given 30 days time to intimate about whether he accepted the appointment or not.and whether it is for 1st auditor,subsequent auditor or for both

i own a two employee (both directors) software company. Incorporated-14June2012. I failed to appoint auditor in first month. now i have to appoint it in EGM. can you please provide the procedure and minutes and resolution for this. also does i have to fill form 23 on company behalf. and does my CA has to fill out any form?? please help.

what is fiancial reporting framework

What is Stock Audit in Bank ????
What is procedure to it ??/
Plz give me Advice about Bank's Stock Audit ???

If asset is less than Rs.5,000 then full depriciation is to be claimed ???

And suppose for example i purchased a assembled computer in it there are many accesories present which i had purchased for less than Rs.5,000 then those all items have to be fully depriciated
Or
these assets are going to be integrated and i will take the cost of the whole computer for depriciation purpose or will go component wise ??

if person has professional receipts more than 15 lakhs and business sales more than 60 lakhs then whether he is liable to TAX AUDT both income?

What are the main aspects and legal compliances which needs to b considered while conducting the audit of NGO ????