Dear Friends,

Please let me the main points to be considered while undertaking Fixed Asset verification?

MY CLIENT IS AN INDIAN COMPANY SUPPLYING CASTING GOODS TO ITS PARENT COMPANY IN USA AFTER PURCHASING FROM LOCAL MARKET AS PER SPECIFICATION OF PARENT COMPANY.WORKING CAPITAL FINANCING IS ALSO PROVIDED BY PARENT COMPANY.PLEASE SUGGEST WHICH IS THE MOST APPROPRITE METHOD TO BE USED FOR TRANSFER PRICE AUDIT PURPOSES.
V K JHUNJHUNWALA

As a auditor how to start audit?

I mean, which document/ evidence, register books, a/c books I collect from Management, from where to start checking

Please give the answer from practical ground.

Sir..
any one can tell what are the areas and how to verify the salaries & wages of pvt.company in case of internal audit & what are the laws i have to follow while doing verifying the salaries & wages...


with regards
G.Nagendra babu
Audit juniour(M&V ca's)

Dear sir,

I have a query regarding computation of contribution payable to charity commissioner.

A trust is running a gaushala. It recieves cash donations from donors as dharmada.

The donation recieved are used for maintainning cows their feed and veterninty treatment as ill cows are with gaushala.

Whether all donations recieved are liable to contribution to charity commissioner???

The donations recieved are in excess of Rs.5,00,000/-

dear all,
i want to know that weather security premium will be added in share capital while chacking applicability of caro.
thanks

what is the last date of filing of annual return if AGM is adjourned, and what is penalty of late filing .. plzz reply


regards

As per Cost Audit Rules, 2011 a company complying with certain provisions has to file Cost Audit report in Form I,with CG provided by MCA and for filing Compliance Report a company has to file the same to Central government in form A.
And so my company has to file Compliance Report and the form for filing it is Form A.
Can anyone please tell me from where i can get form A as MCA did not provide it.

Hi Friends,

A company incurring Parking Charges on behalf of Employee. Can we treat it as Perquisit in the hands of Employee ?

Each Month the Parking Charges are Rs.3,00,000/-

Please provide me solution as early as possible.

Dear All,

What is the procedure for appointment of Cost Auditor for obtaining Cost Compliance Report as per the above rule??

Is it necessary to appoint such Auditor by the Board or it (the Cost compliance Certificate provided by the Practicing Auditor) only needs the approval of the Board?.

As per the above rule, there is no such provision for appointment of Auditor by the Board, but it clearly says that the compliance report should be approved by the Board of Directors, then only company can file the Form A.

Kindly revert at the earliest.

regards,
Sreenivasa Bhat