Rajesh
This Query has 2 replies

This Query has 2 replies

Respected Experts,
Can anyone guide me on how to audit petty cash (and its expenses) from an cash embezzlement point of view.
2) Please tell me what are the documents i should view?
3) What are the supporting documents i should verify if an expenses is debited?
4) What are the ideal internal controls for that?
Its highly essential for me at this time. Please give me an elaborate explanation.
Thanks & Regards,
Rajesh.


sourabh rungta
This Query has 3 replies

This Query has 3 replies

21 May 2012 at 17:34

Depreciation

Can a Co. stop charging depreciation if it had stopped manufacturing & is a loss earning co.?


Raman
This Query has 3 replies

This Query has 3 replies

21 May 2012 at 09:52

Floating rate of interest

Urgent !!!

My client has taken loan of 40 crores from Financial institution /NBFC on floating rate of interest. Therefore a minor increase in interest will cause major impact on the financials.

My question: i. Can the interest rate be hedged

ii. What are the ways of hedging it


sneha
This Query has 1 replies

This Query has 1 replies

20 May 2012 at 18:55

Capitalisationof assets

Suppose i have set up a factory building for a new project on 1st Sept, 2010. The factory is totally ready. However the plant and machinery required for production is installed on 1st Dec, 2010. When should the factory building be capitalised. Once production starts, on installation of P&M or from the time Factory building was ready.. Plz advice


gulshan bhardwaj
This Query has 1 replies

This Query has 1 replies

Please help me in passing the accounting entry for free samples distributed in case of manufacturing concern.



Anonymous
This Query has 5 replies

This Query has 5 replies

19 May 2012 at 12:07

Recognisation of assets

In a Aviation Company, Crockery used in the Flights were not being recognized in their balance sheet as any of their assets, even no valuation as on date for crockery was available.

It should be recognized or not?


shikha
This Query has 1 replies

This Query has 1 replies

do we need to have atleast seven partners in a partnership firm to do a statutory audit of a listed company ??


Pankaj Yadav
This Query has 2 replies

This Query has 2 replies

16 May 2012 at 13:54

Ca needed

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vipul goyal
This Query has 1 replies

This Query has 1 replies

16 May 2012 at 12:58

Company audit

Can anybody detail me what is shares held in abeyance in realtion to section 206 A of companies Act? I have gone through the Act but didn't find explanative?


pushpak mantri
This Query has 4 replies

This Query has 4 replies

16 May 2012 at 09:40

Urgent plz.....

hi all experts....
while giving both groups of ipcc if ipcc grp 1 is not cleared and grp 2 is cleared....then also grp 2 will be treated as pass or not?????





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