Audit QnA [Resolved] - Page No 201

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Sairam

This Query has 1 replies

20 October 2013 at 13:15

Due diligence audit

Hi All,
I just want one clarity. I wanna know what are all the statutory liabilities that will be applicable for a firm. Also wanna confirm whether pf esi gratuity liabilities will be applicable for the firm?

Anonymous

This Query has 4 replies

20 October 2013 at 11:57

Cost audit report

who has to keep cost records? in cost audit report what matter is include? pl guildeline on cost audit report format? to whom it is necessary to audit the cost audit? and who can do cost audit?

Anonymous

This Query has 2 replies

20 October 2013 at 08:53

Regarding study material

I am doing self study of ipcc audit and assurance subject Ie i used to study with study material only. at present iam studing only vol 1 of study material, can vol 2 can be studied along with vol 1 or i take it after completing vol 1.Vol 2 contain sa text only and i feel that if i understand the topic contained in vol 1 AS vol 1 itself has deep knowledge There is no need to study vol 2.Is it true
2) Also tell audit standard text are necessary to be quoted in examination.

NITU GUPTA

This Query has 3 replies

19 October 2013 at 22:36

Provision for gratuity

Pvt.Ltd. company incorporated in 2011 have only one employee .Is there any necessity for making provision for gratuity as per AS-15. As well as can non provisioning lead to qualification in audit report???

Avinash Kumar

This Query has 4 replies

19 October 2013 at 20:57

Concurrent audit

what are check list of conduct a concurrent audit.

Anonymous

This Query has 1 replies

18 October 2013 at 23:47

Tax audit u/s 44ab of fy 2011-12

Sir,

Can I accept tax audit u/s 44ab of FY 2011-12 and if yes how do I report the belated return and tax audit in 3cb & 3cd. And the client has not done vat audit and has unpaid vat dues.

kindly guide me.

thanks

MOHIT JAIN

This Query has 5 replies

18 October 2013 at 18:39

Is tax audit compulsory if company is incurring loss

A private limited company has a gross receipts of Rs. 19,254.00 and it has incurred loss of Rs. 1282.
Is the company liable to get its accounts audited u/s 44AB of the Income Tax Act, 1961 for the AY 2013-14.

chahat kathpal

This Query has 1 replies

18 October 2013 at 15:11

Query

what is the definition of relative in auditing..??

Anonymous

This Query has 8 replies

18 October 2013 at 13:10

Turnover limit

What is the turnover limit to get audited for an IT company?

Is it 1 Crore?
I'm just confused as IT companies are professionals, and the limit for professionals is 25 Lac.
So, which limit will be applicable on an IT company 25 Lac or 1 Crore?