"Reliance Power Ltd.(RPL)

Share Price on Aug 17, 2012 Rs 87.70
Market Capitalisation (Rs Cr) Rs 24,600.73
Total value of Reliance Power Ltd. is Rs 24,600.73 Crores as on Aug 17, 2012

Company have not paid any Dividend from incorporation,

How can due to Coal & Land allotment, Loss to Govt is Rs 29, 000 Crores as per CAG Audit Report when present Market Price of Total RPL is 24,600.73 ?

Pl explain?

Note: - RPL sold 26, 00, 00, 000 Equity Shares (19.58 % of total equity) of Rs. 10 @ Rs 430 per share via IPO on Jan 2008 to small investors & Rs 450 per share to others.

RPL collected Rs 11, 440 Crores from IPO"

what is the scope of statutory audit and tax audit and what is the difference between the same
can a co.appoint two different auditor i.e one each statutory and tax auditor
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Hello,

I want to audit Co-operative Housing Society in Maharashtra. I've heard that a Chartered Accountant has to attend a 3-4 hours lecture on the same and get a certificate only after which this is possible. Where can I attend this lecture and is it really required? Please give me insights.

hi can u ans 1 question pls ...if a co located india wants to get balance confirmation from associate enterprise located outside india ..in which currency it will provide confirmation..in INR or the currency prevailing in respective country.

dibn2710@gmail.com

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Please suggest some of the best reference book for accounting standards (including INDAS).

One of My Client is having sub dealership of Two wheeler Vehicle,You can also treat that sub dealer as commision agent because he is getting only certain fixed commision amount. & he is not authorise to issue invoice to the Customer instead he is giving receipt of cash received if there is any sale.Sub Dealer is purchasing vehicles from main Dealer On credit or cash & he is getting commision from main dealer if sale is made the point is that the total turnover of purchases & Sale on Bank Statment is Excedded Rs. 1 Cr whether tax audit provisions are applicable or Not?

clause no x of caro, we have to report on
"in case of a company which has been registered for a period not less than five years, We have to reports its accumulated losses at the end of the financial year are not less than fifty per cent of its net worth and whether it has incurred cash losses in such financial year and in the immediately preceding financial year"

what if the company is less than 5 years old and have accumulated loss and also incurred cash loss?

WHAT IS VAT AUDIT ? WHEN IT IS TO BE DONE ? WHAT IS ITS DUE DATE ? WHAT ARE THE COMPLIANCES TO BE CHECKED ? IS THERE ANY PRESCRIBED FORM FOR VAT AUDIT REPORT ? PLEASE DESCRIBE THE PROCEDURE HOW IT IS TO BE DONE ?

What is the procedure for the audit of banks?? is it different from ordinary audits??