Hi,

I am conducting the audit of a hospital. With regard to the same pls tell me whether the instruments used in the hospital should be capitalised or charged to revenue a/c

Priyanka

PLEASE SEND FORMAT OF AUDIT REPORT IF AUDIT MADE U/S 44AD, MEANS LOWER RATE OF PROFIT ( FROM 8%)

Eg: A ltd was changed to Private Ltd company during Nov 2011. Whether the CARO is applicable to the company for the year 2011.
Pvt. Ltd Comp has not satisfied the Cumulative conditions.
1. Paid up share capital does not exceed Rs. 50 Lakhs.
2. Company does not have loan outstanding from bank or any financial institutions exceeding Rs. 25 Lakhs.
3.COmpany does not have a turnover exceeding Rs. 5 Crore.

if any society which is 5 years or more old and which has not done audit of all the years than what are the penal consequencies and can any ca proceed for audit from 1-4-2010 if the society is much more older.

I am working in manufacturing company. What is the criteria for internal audit?
( Turnover wise)

while making the disclouser of loan or deposit accepted during the previous year , should we include the amount of interest that we credit into lender's a/c at the end of the year or is it purely the amount that we accept or take through banking channels?

A private Limited company ABC Pvt Ltd changed the name of the company to XYZ Private Limited during the year 2011-12. This was informed to ROC and the change was recorded in the master file data. Now the audit for the financial year 2010-11 is being carried on. What will be the name of the company to be quoted on the financials for the year ended 31.03.2011.

The name change is not reflected on any other registrations apart from ROC till date.

Please advice.

removal of first auditor before expiry of the of office. Whether special notice ir reqd.to be sent or nt?

can anyone give a format of board resolution for appointment of auditor before AGM

Dear Experts

Please suggest how to calculate the "% of Yield" to report in Clause 28 of 3CD Reporting of a Rolling Mill Unit:

RAW MATERIAL DETAILS
A. INGOT:
Consumption 2928.962

B. MISS ROLL:
Consumption 285.730


FINISHED GOODS DETAILS:
A. MS ANGLE:
Prodn. 2842.780

B. MS Bar:
Prodn. 76.500

C. MS Channel:
Prodn. 33.400

D. MS Square:
Prodn. 96.400

E. MS Flat:
Prodn. 96.400

MS Scrap:
Prodn. 135.000


Thanks