Sir,

I got COP but waiting for Firm Approval. this meantime i got one assignment of Society Audit. Can i give sign on Audit report on individual basis i.e COP or is it necessary Firm Name

how much money can be assumed as a capital expenditure when a fixed asset is purchased and installed in a company???

If any Director resigns during the year i.e. before completion of year, is he required to submit his disclosure of interet through Form-24AA before BOD?

Thanks & Regards.

Dear Sir/ Ma'am,

Can you please explain the difference between loans & advances in Asset side?

also what does Loans in Liability side refer to? (kindly explain)..

I would b really obliged if you can answer me these questions. Also if you can let me know what book should I purchase if i want to get all these info from? I have forgotten Accounts a bit so need to brush up..

can a CA prepare audit report as per clients request evenif the audit does not required under income tax or companies act.

( The client required audit report as per bankers request to get his account audited.)

(Clients Turnover is Rs. 28.00 Lacs and Income declared is Rs 2.80 Lacs)

Balance Sheet of a private company which is a subsidiary of a Public Limited Co. reports as follows :
1. Share Capital- Rs. 25 Lacs
2. Reserves- Rs. 20 Lacs
3. Loans- Rs. 20 Lacs
4. Turnover- Rs. 4.50 Crores

Whether CARO is applicable

Kindly guide about treatment of Preliminery Exp. in Revised Schedule VI.

I wanted to know if there are any technical guidelines for audit of Jewellery industry. What should I do if I want to implement an internal audit department in a jewellery industry? Right from the basics.

is AS2 applicable to construction contracts if not how closing W.I.P is valued ?

During statu audit of bank i realised that bank neglect to check the aunthenticity of attachments...exm. Renewal of shop act, cross verification of itr filed simultaneously & financial statements , valid proof existance of busi....which may cause fraud ... When i questione same... They answered ..if repayment is smooth...then this is needless...is it right.?