Audit QnA [Resolved] - Page No 268

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Anonymous

This Query has 4 replies

05 January 2013 at 22:18

Professional ethics

Can a Chartered Accountant, being a member of ICAI(not having COP) doing a business, write words "CA" or "Chartered Accountant" in his visiting card of the business?

Sagar Kumar Batra

This Query has 4 replies

03 January 2013 at 16:57

Legal and professional expense

what is importance of legal and professional expense in statutory audit?

akalya

This Query has 2 replies

03 January 2013 at 14:59

Sir/Madam,

X ltd has purchased Air Conditioner. For the installation of That AC they have rented a ladder ond paid rental charges of say Rs.600. Whether this charge of Rs.600 can be capitalised? and also say the related provisions in the IT Act.

HARSHIT JAIN

This Query has 2 replies

02 January 2013 at 23:53

Critical and non critical inventory

sir pls explain me the difference between critical and non critical inventory....

CA Dauzi Pathan Imran Khan

This Query has 1 replies

02 January 2013 at 15:04

Internal audit of hospital

Hello,

Happy new year to all of you. Will any member of our CA Club Fraternity help me out in providing model Reports, Formats and Audit procedures or any kind of material regarding Internal Audit of Multi Specialty Hospitals????

Varun Gupta

This Query has 1 replies

02 January 2013 at 14:30

Criteria of revaluing the fixed assets

I just want to ask three questions, regarding the unlisted limited company:-

1) First of all, Whether any antique Sculptures bought for the decoration in the office can be shown under Furniture or not???

2) Secondly, if there is any increase in the market value of that sculptures(shown under Fixed Assets in the books), then can we revalue that asset? If yes, then what is the full procedures of Creating revaluation reserves?
3) And Lastly, What effect would be on the Income Tax, of that revalued asset?

jinesh

This Query has 1 replies

02 January 2013 at 14:11

Regarding statutory audit

hi,

I want to know about process of Ledger Scrutiny?

Please explain me in step by step process for conducting scrutiny of each transactions.

what should i do if any transaction/ledger i find not proper? how can i record it?
please explain