I am confused regarding the application of revised schedule VI. Can anyone please tell me for a private limited company having a turnover of 5 crores approx. what should be the form of b/s and P/L to be presented in the audit report. Can we continue the format used in the previous years i.e. schedule VI or will we have to apply revised schedule VI?? Please resolve

Procedures to be complied with while conducting Stock Audit Verification and its due date for submission of report

Dear Colleagues & Experts

In revised Schedule VI of reporting format does previous year i.e 2011-12 figures also need to be rearranged and re-present as per new format?

There might be some information which might not be available specially in case when there is change of auditor for F.Y 2011-12.

Please suggest what to do in that case & what precaution need to consider while auditing F.Y 2011-12.

awaiting for earliest & best reply.

Regards

HEllo
Is it compulsory to file ROC return by a Qalified Company Secretary?

Hi all

I want to know what are the cost records which should be maintained by company since we have to comment on cost records clause mentioned in caro.

I am doing auditing of manaufacturing company have plants all over India.

Amit

Dear Sir/Madam,
!! URGENT Reply Required !!
I just want to get an expert advise on following issue:-
1] If a person is carring business of Sell & Purchase Of Gold jwellery and Money lending on hypothecation of gold, then how his turnover is deceded for Audit purpose?

2] If Person is only carring bussiness of Lending Money on Hypothecation of gold then , when he will be eligible for Tax Audit?

Sir,
I have a query regarding prior period expenses. if exps relating to year 2010-11 are entered in the books of year 2011-12 and also the bill is of date before 31-03-2011, what shall be the tax treatment?

Dear Experts,
Please tell me what are the procedures to be followed with respect to a stock audit of a manufacturing company should be done if we are the internal auditors.
Please explain me in detail right from GRN creation to accounting the purchases.
Thanks & Regards,
Rajesh.

In a CC account,the outstanding as on 31.03.2012 is less than the sanctioned/ drawing limit. There are no credits in the current quarter to service the interest debited in the current quarter. The interest of December quarter is srviced. Can this account be classified as out of order and made NPA

i am in want bank excel bank audit tool. ie., how to convert the zip format files given by the bank to excel format. CA. D.venkataraman Tamil Nadu has given a format for conversion of bank data in excel format, if any one having this format means send me to the following mail ID.

Mail ID : auditorsurya@gmail.com