if CARO is not applicable to the company , then in which format the audit report of the company will be prepared ?
Pls submit the format.........

Dear Experts,

can anybody tell me how to apply for concurrent audit/revenue audit of Banks?

Regards,

SR

CAN PREMIUM BE USED FOR MEETING BUSINESS EXPENSES.IF NO,THEN WHY

why company buy back their own shares from market

Dear Sir

Which book is best for Audit with depth knowledge for IPCC May 2011 attempt except Surbhi Bansal because in surbhi Bansal's book it is very short

also for ITSM

Thanks

is revaluation reserve a part of capital reserve or revenue reserve

Sir,


I will describe a case here,

Suppose a Chartered Accountant in Practice act as a guarantee for an education loan for his son in a Bank(Holding Compamy). Now my doubt is whether he can accept an offer for Statutory Audit of bank which is the Subsidiary of the above mentioned Holding Co.Whether his acceptance pave way for any diaqualification under sec: 226 of the Companies Act,1956?



Pls provide me with supportive ICAI guidelines or any ciculars or Notifications in the Companies Act or under Banking Regulations Act....

Thanks

whether prior period item is allowed as expenses if tds liability has been deposited in the next year

Sachin Sir, Thanks for Quick Reply...

But my question is that person acting as recovery agent is either construed as "person carrying on business" or "person carrying on profession"????

in other words what is the definition of word "profession" used for the purpose of Section 44AB?

Thanks and Regard
Chandan

if some errors are found in auditors report by company which might have harmed the company.will auditor be held responsible even if he has performed his work honestly