How do we consider the materiality level while vouching the purchases of a work contractor concern?
What should be,according to you,the criteria while vouching the purchase?
plz help.

A company is private company and previous year(i.e 2010-11) it got loss and in current previous year(i.e 2011-2012) it gets profit How to draft Annual Report( for 2011-12) in the form of revised schedule VI? If have any private company Annual Report please mail(rajeshkumarjha22@gmail.com) me.

What are the steps you will consider for Inventory taking on an year end & the then probable actions, adjustment entries ?
Please reply..
Thanks in Advance

whether to use fig of co. act or tax audit fig for calculation of ratio and annexure

respected sir/madam
suppose in pvt ltd we pass expenses vouchers in tally frm 01/08/11 to 15/08/11. but we dont have cash in hand that why cash becomes negative balance, then on 20/08/11 cash withdraw from bank. so pls tell me can i made all entries on 20/08/11 and rectify vouchers by changing voucher date?

Cash flow statement with Annual Accounts is mandatory in case of all Public Companeis. give legal provisions

HI Friends,

i got job in western union money transfer as a internal auditor

i know internal audit of manufacturing company , bank and hospitals but i donot know how to audit of westernunion money transfer

please let me know the points to be considered for internal audit of westernunion money transfer

Thanks in advance

Regards,

Satish

hey! I ll be giving the 2nd group of IPCC in may 2013.
I really need to know the changes in the syllabus in AUDIT for may 2013.

I have already taken coaching for this subject and now i fear that there would be changes in the syllabus.I could use your advice.Thanks a lot.

sir, how will we treat preliminary expenses in balance sheet as per revised schedule Vi if its coming from previous year. And how would we written off?

When turn over/ receipts are nil and expenses spent from Propietors own funds/ loans to the extent of Rs. 70.00 lacs is it covered under 44AB audit? Please clarify.