Hello Everyone...



I need Audit Program, Audit Check list etc. for audit of a company engaged in power generation business. (distribution is not the part of business of this company.. only generation.. )



thanks in advance..



mail me at :-



SHAYVIDZ @ gmail.com

adarsh @ agrimatrix.in

I have done numerous statutory audits but this is my first internal audit. So I dont know the extra steps which should be taken on every particular area.
However, I am doing internal audit of a leasing company for the period 1/4/10 to 30/9/10. So i need the checklist on how do i go on to verify the rental income for the same.
Also, this comapny has changed its accounting package on 1st July 2010. So, half the entries are in one package & half the entries in other package. So, i have to perform an internal control system audit as well. So, how do I proceed for this?? can i have the checklist for this as well??

sir,

in which case FRN No. is mandatory in audit.

Hi,

Please say I much loan can a Individual Borrow in cash and kind from his Relative,Friend and others for His Business under Unsecured loan. The Business has crossed turnover 40 Lakh in FY 2009-10 & 10-11

Thanks & regards

Survesh

Hi
Respected Members

Please help me to know

1. what is cum interest and ex-interest?

2. what is cum dividend and ex-dividend?

3. What is Ex-date when company annouces something to BSE like bonus share, split shares?

Where a private limited company having four shareholders (being relatives) holding 25% each of the share capital of the company , are allotted shares in equal proportions at a value of , say, Rs.10 while the book value of shares is, Rs. 50, would it be reportable under the clause 4(xviii)of CARO 2003 - preferential allotment of shares to 301 parties?

Where a private limited company having four shareholders (being relatives) holding 25% each of the share capital of the company , are allotted shares in equal proportions at a value of , say, Rs.10 while the book value of shares is, Rs. 50, would it be reportable under the clause 4(xviii) - preferential allotment of shares to 301 parties?

When an auditor signs on balance sheet and profit & loss A/c of the company, it is specifically mentioned above the name of the auditor, report as on EVEN DATE. What is the meaning of EVEN DATE in accounting and what does it indicate?

IN BALANCE SHEET OF A NON PROFIT ORG IT IS SHOWN.. THE VALUE BOOKS AT ONLY RUPEE ONE WHAT DOES IT INTERPRET..?

Dear Friends,

A assessee done a sale turnover a financial year 2009-10 after deducting a Sales Return for Rs.35.42 lacs.

But the sales return goods, which was actually made a sales for FY 2008-09. The sales return for Rs.20.12 lacs.

In this situation, I sugessted that the sales return is to be treated a Purchase of goods and the Sales turnover FY to be increased, i.e. Rs. 55.54 lacs.

Hence, it is tax audit turnover.

It is correct or not ?