Audit QnA [Resolved] - Page No 415

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Sweta

This Query has 3 replies

28 November 2010 at 16:46

MRL

Expert,
What is management representation letter?
Is it issued by the client to the auditor?
Issued b4 the audit commencement or twds its end?

thnx

safi

This Query has 3 replies

27 November 2010 at 15:36

writter's name

plz give me the name of best writter books for ipcc II.

LOKESH SHARMA

This Query has 1 replies

27 November 2010 at 15:28

internal audit report of hotel industry

Respected Sir
I need internal audit report of a hotel.So, please arrange as early as possible.

Thanks.

bankim

This Query has 3 replies

26 November 2010 at 18:10

Peer Review

What is the procedure to get a firm registered on the panel of peer review of ICAI??

dhaval

This Query has 1 replies

26 November 2010 at 17:48

My point was Software purchased of Rs.7.18 lakhs debited to Computer Consumables : Softwares purchased debited to "Computer Consumables" instead of as Computer Software (Intangible Asset covered under AS- 26).

But manager's response was
It is a computer application software and right to use is given and not the right to ownership. Hence it is a revenue expense and accordingly charged off. The life of every software version is very shot till the new one hits the markets, at that time such license becomes obsolete.

Plz tell me what is right ?

dhaval

This Query has 1 replies

26 November 2010 at 15:51

Fixed Asset

ADOBE CS4 DESIGN STD UPG FROM CSI TO CS4 PHOTOSHOP SOFTWR PURCHASE (License Copy)whether it should be capitalized or debited to P&L

Anonymous

This Query has 1 replies

26 November 2010 at 10:55

share warrant in depth

Hi
Respected Member

I Want to know what is share warrant and when it is issued by company and in what circustances?

What is the benefit for company and shareholders of share warrant?

I want to know in depth it is urgent

please help

Thanks in advance

Anonymous

This Query has 1 replies

26 November 2010 at 07:15

Concurrent Audits & Statutory Audits of Banks

Mine is a proprietorship concern. I would like to start concurrent audits as well as the statutory audits of banks. Please guide me regarding the eligibility criteria for the same. I have enrolled for ISA exams. will it be beneficial?