Audit QnA [Resolved] - Page No 263

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Anonymous

This Query has 3 replies

19 February 2013 at 16:36

Statutory audit of a share broker

Please advice whether a CA can do the statutory audit of a share Broker where the CA himself has made investments in shares as a client.

Anonymous

This Query has 3 replies

19 February 2013 at 16:06

Fa physical verification

Is it mandatory to get physical verification of assets to be conducted every year. If not, what is the time limit.

Palle Ashok Reddy

This Query has 2 replies

19 February 2013 at 15:36

Auditing

How to classify Pre operative expenses as per Revised schedule VI?

PURVI

This Query has 1 replies

19 February 2013 at 15:33

1. when we gift customer it is a sales pramotion exp, or office exp?????????????

2.in cash expenses evidance of later date than voucher date can be taken??
it can be taken of previous month??????

pls answer fast

Sagar Jariwala

This Query has 3 replies

17 February 2013 at 02:00

Exception of cash payment

It is possible to explain staff releated matter for payment exceeding of rs. 5000 like guest house exp. Paid and exps. Done for vegetables, medicals etc. for above 5000 , so revenue stamp required???
If payment to reiemburshment , stamp is required???

Anonymous

This Query has 5 replies

16 February 2013 at 13:12

Audit of interest expense on cc

Sir
Please guide me how will i finalize Audit of Interest expense of CC a/c

Anonymous

This Query has 2 replies

16 February 2013 at 11:06

Cost compliance audit

our company does not come under cost audit as per the criteria prescribed i.e Turn Over , Net worth or listing in any stock exchange, but the product manufactured is come under the "Product Group" classification so whether cost compliance audit is only applicable.

Jagadish T G

This Query has 3 replies

15 February 2013 at 11:16

Comment as an auditor on the following situation:-

Mr.X, a partner in X & Co., a firm of a Chartered Accountants, died on 31-03-2013 after completing routine audit work of XYZ Company Ltd., Mr.Y another partner of the CA firm signed the financial statements of XYZ Company Ltd., without reviewing the financial work done by assistants.

Anonymous

This Query has 5 replies

13 February 2013 at 16:11

Changes of some name of concept

Hello frnds some name of concepts are changes like test of control, test of details pls confirm the same and if possible explain some more concepts which do change recently

Anil

This Query has 4 replies

13 February 2013 at 11:53

Original invoice missing - practical solution

A company makes payment to its creditors only against original invoice. The accountant of the company has lost the original invoice. The creditor says he cannot generate another ORIGIANAL INVOICE. There is pressure from creditor on accountant to settle the outstanding amount.

What is the way forward in this case? The solution given should also be acceptable by company auditors and practicable.

Thanks.