Sir, I want to ask you that whether pen drive, mouse & mouse paid purchases with computer can be considered as a fixed assets or not.

I WOULD LIKE TO KNOW WHETHER RENT WAIVED IS TO TREATED AS EXPENSE OR INCOME IS TO BE REDUCED.
kINDLY EXPLAIN IN DETAIL.

i am doing an audit of a Company which is subsidiary of Company in USA.The holding company in USA requires the report of auditors for the period (Jan-dec) for the purpose of consolidation.The subsidiary company has financial year of april-march

Therefore i want to know which SA/SRS/SRE is applicable to subsidiary in india for reporting and auditing purposes.

Dear experts,
My client had filed statutory audit return for the AY 11-12 through a from Kerala, and now there we have detected some advances, and other payments left out for the relevant asst year 11-12.this was detected while filing the return for AY 12-13. Now do is it safe to file a revised audit return ? at this stage, and please suggest me as to what has to be done in this case as our clients wants us to incorporate the correct details as left out in the last return. Do we file a revised return and file Form 3cb now.? or what has to done kindly advise on the same.

As per the revised Companies Cost Accounting standard rules 2011 maintenance of costing records is made mandatory for the Construction Companies... now my query is that is it necessary for the Construction Company to appointment a cost auditor or is it sufficient if it file compliance certificate for the fy 2012-13....

please clarify me in this regard...

Sir, Can you explain about social audit definition. and its uses.

Hi Friends,
I want to know is it mandatory for every company to conduct Statutory Audit and for every company having turnover exceeding Rs 60 lacs to have tax audit

and what are the Auditor's reports under both audit

Sir,
Is it required to have a Firm Name to get BANK AUDITS?.
Can an individual CA holding COP eligible to get BANK AUDITS?.
Is it mandatory to have two or more CA'S in the firm to get BANK AUDITS?.
THANKS IN ADVANCE.

Sir,
Is it required to have a Firm Name to get BANK AUDITS?.
Can an individual CA holding COP eligible to get BANK AUDITS?.
Is it mandatory to have two or more CA'S in the firm to get BANK AUDITS?.
THANKS IN ADVANCE.

we have taken opening balances of cash & bank bal. from last yr. It is an educational institution. and we have checked all the ledgers and cash book and JV also.. but we couldn't find any error. there is still a difference of some rs.66000 in the trial balance.. what could be the possible reason. reply as soon as possible. urgent