Akshay Pathak
This Query has 1 replies

This Query has 1 replies

22 March 2015 at 09:31

Caro

Do we need to do caro for may -2015 exams??Reply urgent



Anonymous
This Query has 3 replies

This Query has 3 replies

21 March 2015 at 16:30

Treatment of pre operating expenses

Dear Professionals
I have a query:
A company incorporated 5 yr ago. The Company have two business
1) Exporting CAD Designs to its holding Company (work place :work from home)
2) manufacturing - operation not yet started , only training work is going on (Work place: factory)
Company have expenditure related to :
1) Staff salary(both for delhi office and factory)
2) electricity, water , telephone etc expenses (Factory site only)
My question is:
1) Whether company has to treat factory related expenses as pre operative expenses?
2) What is the treatment of expenditure done at factory site in balance sheet.
Thanks in advance .


Rakesh Sharma
This Query has 1 replies

This Query has 1 replies

19 March 2015 at 13:51

Cost audit

A pvt. ltd. company having turnover as below :-

F.Y. Turnover
2012-13 67.00 Cr.
2013-14 116.00 Cr.
2014-15 135.00 Cr.

We cover under SSI unit (Value of Plant & Mac. below 2 Cr.)

Should we get Cost audit from Cost Accountants. If we have to, from which financial year? Any other compliance in respect of the same.

Please advise.


ABHISHEK TURAKHIA
This Query has 4 replies

This Query has 4 replies

Hi, I Have a query regarding depreciation as per companies act 2013,
1)as the new act requires the depreciation to be computed on the basis of remaining useful life of the asset, would it also require the useful life of old assets to be redetermined or should it be calculated based on the year of purchase
2) Is the notification relating foreign exchange fluctuations on purchase of Fixed Assets still applicable
3)What would be the treatment of the Intangible Assets as per the new act, are they still amortizable over a maximum period of ten years as given in AS 26.


anitha
This Query has 2 replies

This Query has 2 replies

18 March 2015 at 20:32

Best book for auditing

which is the best book for self study Dr. Urvish shah or surbhi basal ....my attempt is in may2015,please advise me. ..i want get good marks in auditing. ...which book is self understandable and easy to remember



Anonymous
This Query has 1 replies

This Query has 1 replies

18 March 2015 at 17:05

Company audit

sir, what are the procedures and documents verified while doing audit of share application and allotment for cash of a private limited company..?



Anonymous
This Query has 3 replies

This Query has 3 replies

18 March 2015 at 07:24

Standards

There are no Questions for the Standards of Audit in Practice Manual. From where can i practice the Standards of Audit?



Anonymous
This Query has 4 replies

This Query has 4 replies

17 March 2015 at 17:14

Will i get mark?

Will i get mark if i write section only and not subsection. i.e. section 139 instead of 139(8)


Ankur Patel
This Query has 2 replies

This Query has 2 replies

16 March 2015 at 12:24

Query for audit report for 2015-16

One of the company which i m handling has made default in taking loan from other than directors though it is repaid during the year so where should i need to report the same in auditor s report as Caro is not applicable in company for which i m asking.


Prerna
This Query has 2 replies

This Query has 2 replies

15 March 2015 at 23:34

Audit reference book

I got 30 marks in Audit in my first attempt in May 14, then I bought Pankaj Garg and got 40 marks. How do i improve my marks further? Should i change my reference book now (1.5 months before exam) to Paduka's? For SAs part, I like to language used in Pankaj Garg. For ethics I refer V.K. Aggarwal as I find that more comprehensive.





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