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Anonymous
This Query has 8 replies

This Query has 8 replies

04 July 2013 at 17:41

Shares audit

sir i have purched shares worth 50000 and and same day i sold had worth 25000 than in few day i remaining in 26500 so what would be my turnover for the audit purpose.


Ashok Kumar Singh
This Query has 3 replies

This Query has 3 replies

The employees are eligible to draw Rs.1000/- PM towards internet expenses since they work from home due to odd hours even though the broad band connection works out to Rs.1,500/-. From audit point of view, whether it is mandatory whether the connectivity should be in the name of the employee. Suppose the employee uses the home connection which is in the name of family members, whether he is not eligible to avail the reimbursement. Here in this case only whole broad band bill is not reimbursed and only a part of it. This is like reimbursement of TA and DA. Some times actual receipts are submitted and if actual receipt is not there, certain amount is paid without actual receipt. How to convince the auditor that the receipt in the name of the family member is genuine with the address as per HR records, one to be reimbursed?



Anonymous
This Query has 1 replies

This Query has 1 replies

03 July 2013 at 18:25

First auditor appointment

a company incorporated on 30/05/2012 and appoint the first auditor on 16/06/2012 for period from 30/05/2012 to 31/03/2013, now company wants to remove the auditor which they appointed and in his place new auditor should appointed at present for the same period (i.e from 30/05/2012 to 31/03/2013). is it possible, and if possible then what is the procedure.



Anonymous
This Query has 1 replies

This Query has 1 replies

02 July 2013 at 19:25

Audit

what is difference between statutory audit & tax audit & what is turnover limit for each of them?



Anonymous
This Query has 1 replies

This Query has 1 replies

02 July 2013 at 19:23

Audit

what is statutory audit & to whom does it apply & is there any turnover limit for that?



Anonymous
This Query has 1 replies

This Query has 1 replies

01 July 2013 at 18:52

Appointment of first auditor

A company incorporated on 30/05/2012 and held its board meeting on same day and appoint its first auditor but intimate auditor about the appointment on 25/06/13(approx after 1 year)and auditor file form 23b on 28/06/13. then there is any penalty for company for not intimate about its appointment within 7 days of board meeting



Anonymous
This Query has 1 replies

This Query has 1 replies

01 July 2013 at 17:09

Audit report

For A.y.2013-14 we need to file audit report.

My question is that in which form we have to give audit report to assessee whose gross turnover is below 1 crore & his profit is below 8 %?.And he is required to get his account audited.

If we prepare report under 3cb & 3cd then,it is count in ceilling limit of 45 audit?



Anonymous
This Query has 1 replies

This Query has 1 replies

01 July 2013 at 14:13

Peer review

whether quartely statement of limited companies are required to be audited by a CA who has holding peer review certificate?
If a member has applied for peer review process before filing quarterly statements but not recd certificate on the date of signing of quartely statements...but having certificate on filing of annual audited statements...
whether he is eligible for accepting the audit or not?



Anonymous
This Query has 3 replies

This Query has 3 replies

Whether SA 700 audit report has to be given by auditor with tax audits u/s 44AB in form 3CB/3CD.


CA jyoti karamchandani
This Query has 1 replies

This Query has 1 replies

29 June 2013 at 15:23

Sa 705

ANYONE CAN GIVE ME THE PRACTICAL EXAMPLES OF QUALIFIED REPORT, ADVERSE REPORT & DISCLAIMER REPORT??????






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