hi pls suggest me what does black money means?... black money only consist of tax unpaid or will the money incurred from the theft also comes into the account?
how to audit black money?
if black money s converted into white money then wt entry v hav to state in the books of accounts and where it will be accounted?... is there any accounting standards or IFRs dealing with conversion of black money to white money? help me out friends

whether ms office software purchased should be capitalised with the computer or seprately?

Dear Experts,
1)Can anyone explain me how is the internal audit done for purchase, sales and expenses in a manufacturing industry (in real)?
2)Can anyone provide me a proforma report which can be given to the management as an internal audit report for the above.
3)Pls. explain me about Organisation Chart
Thank you and regards,
Rajesh.

Sir

Can anyone please clarify whether the concerned bank branch will provide the formats of the various reports and certificates to be provided by the auditor in case of bank branch audit or do we have to take it with us before the comencement of audit.

kindly clarify

Thanks.

Sir
Could you please provide the format of letter to previous auditor in case of bank branch audit under clause 8 of CA Act,1949.

What should be done when a new auditor (before his appointment) sends a letter to previous auditor to obtain NOC from him, but he does not give any reply? Can he accept audit without NOC? Is there any time limit for giving reply about NOC, in case of previous auditor?

Can a single C.A. make two audit report for the same year?

Is it legal?

Which legal action should be taken, if this event occurs?

Please reply,

Regards,

Mr.Sumit Khandelwal

Dear Sir,

Please explain,what are recalled assets (advances) in case of Banks (this is related to NPA accounts in Banks)?

Is it advances recalled under SARFAESI Act 2002, i.e, notice issued u/s. 13(2) of SARFAESI Act for recovery purpose?

difference between accounting standards and standard of auditing

Dear Sir,

What does MAT Means.

What do we see in ACT



What do we see in Rule

Please say the relation so that i understand the ACT and Rule of Income Tax.