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

i am having turnover of 30 lac in 11-12. my business is to provide security servicess. can i need to do audit as i give only service.

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??

Respected Experts,

I am the Auditor of My Real Brothers Partnership Firm for the FY 2011-12..I Just Want to ask

1. What sort of Disclosure i used to give in the Audit report...Kindly Specify the Drafting language.

2. I had given Rs 200000/- in the form of unsecured loan in the partnership firm..Is there any Disclosure of the same is required.

Kindly resolve my issue.

Thanks in advance

Sir,

Is Tax Audit Compulsory for companies also??

I want to know whether cash expenditure over 20000 is allowed for capital expenditure in same day same party?urgent