ceiling limit for audit report for assessment year 2014-15 ???????????

In a Government Organisation there are some balances outstanding in the head of Advances and Infrastructure etc. are being brought forward from 05-06 and the statement have been audited by several auditors. We are appointed as auditor for F.Y. 2013-14 and in verification we found that there is no such actual balance exist and these are dummy balances amounting to Rs. 1,14,00,000.00 approx.

So what can be the process of writing off or adjusting this huge amount so that this dummy balance can be written off

Respected Expert,


Can a company deny its liability as principle employer for contribution of PF & ESI by mentioning in contract entered into with the Contractor that company shall not be liable for any taxes, contribution etc.?


Please be kind enough to resolve my query.

Thanking you in advance

Dear Experts,

How to disclose debit balance of cash credit account (Working Capital Loan with the bank) as per revised schedule vi.

Plz tell me the relevant amendments of companies act2013

Respected Sir/Expert,
What are different type of companies? Which Audits are applicable to both these companies?

Thanks in advance

sir what sec of companies act 2013 applicable in IPCC group 2nd for exam November 2014

Respected Sir/Expert
What is the penalty for non-auditing? Who will bear these penalties?

Thanks in advance

Dear Professional Collegue,
I am working with a Pvt Ltd (Not listed) company having Capital of Rs. 49 cr. & turnover of Rs. 7 Cr for the F.Y. 2013-14. Please let me know whether for F.Y. 2014-15 filling of Cost Audit Required or Cost Compliance Report is sufficient.

Dear sir,
Suppose in invoice the type qty are showing like this..
1.qty-A-5
2.qty-B-10
3.qty-C-5.
But they received like this
1.qty-A-5 2.qty-B-5 3.qty-C-10.


Any how excess qty of c will replace the aty A.
BUT THE THING IS COST IS DIFFER.
HOW SHOULD I TREAT.