hi can anyone tell me how to prepare for audit and law to get exemption in pcc exams?i have given my attempts 4 times and every time i am unable to clear my first group because of my aggregate marks.this november also i was passed individually in all the subjects but unable to make in aggregate.i have cleared 2nd group before but unable to clear my first group.please advise me..

What is the criteria for allotment of bank audits by RBI?

Are there any conditions to do Internal Audit compulsory?

Whether capital advances is to be included in CWIP or it needs to be shown seperately?

kindly make me understand Audit Trail in easy language.

Dear All,

My Company has purchased Gas Cyclinder for cooking purpose? my query is whether this gas cylinder is to be capitalised or not? and if yes then in which head?

Just Reply soon........

Dear Sirs...
as you all would know... the Standards on Auditing has changed. am a pcc student.. is this change relevant for me? should i buy a guide for these and study the revised SAs??? or is it enough that i study the chapters of auditing which would cover all SAs...???

The DD processing charges paid incase of preparation of Bank Guarantees whose period extends to more than a financial year, whether the onetime DD charges paid should be transferred to prepaid expenses and amortised over the benefit / useful life of the Bank Guarantee ?

Sr, does the applicability of revenue stamp on above 5000 applies to Advance and payment to agent(for disbursing the payment to the 3rd person) also?

If employee has charged TA (like 1800)for traveled in another city for purchasing item of500 . and he is deputed by company. and ta was charged in line with his authorisation. Is it payable or not and what type supporting required if there is no prescribed rule in organisation.

thanks