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.

my client is running a man power consultancy where they are recruiting candidates in clients onsite and issue bill to client and pay back to staff from their payment received agst bill. they have crossed 15 lacs, is this falls under tax audit or not.

sir,

i want to ask one thing, a little being confusion about it.

if a person make payment in cash exceeding 5000 is necessary to stick revenue stamp on voucher.

but is it require to stick on reimbursement of expenditure

Please reply me...


In the guarantee agreement document it is said that:
In consideration of its guaranteeing the obligations of borrower in respect of the said loan and Guarantee Agreements, the borrower undertakes to pay the Guarantor on 1st April each year a guarantee fee of 1.20% p.a. on the principal amounts of the loan withdrawn and outstanding plus the interest outstanding, on 31st March every year from time to time until the entire principal amount of the loan and the interest and other charges thereon have been repaid. Any default in the payment of prescribed guarantee fee would entail a penalty equivalent to double the rate of guarantee fee for the period of default.

Query is
1.What is the due date of payment of Guarantee fee for the F.Y.2011-12 and on which date's loan outstanding is taken for calculation of fee for the F.Y.2011-12?
2.If the payment is made on 28.03.2012 for the F.Y.2011-12, Number of days of default ........?

help me please......

IF INTEREST PAID TO DEPOSITORS BEFORE THE COMMENCEMENT OF BUSINESS THEN WHETHER IT SHOULD BE CAPITALIZED IN THE COST OF MACHINERY OR TREATED AS P&P EXPENSES

If a subsequent auditor is
removed at a meeting other than AGM (i.e EGM), what is procedure for
appointment of auditor at that meeting? If the appointment is not made, can
Central govt. appoint an auditor at a meeting
which is not an AGM? Please reply Sir.