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Anonymous
This Query has 1 replies

This Query has 1 replies

14 November 2010 at 10:10

Audit fardulant words

Audit fraudulent words

Expert Sirs,

Please respond to the following with justification. (1)Can any body tell me ....what is the Window dressing , Teeming & Lading in nature of Fraud in auditing? An amount was realized from the Banker by cheque clearance. This c



Anonymous
This Query has 1 replies

This Query has 1 replies

13 November 2010 at 13:34

PF DEDUCTION

IF AN EMPLOYEE HAVE BASIC SALARY 15000 AND HE WORKED FOR HALF OF MONTH,THEN ON WHAT BASIS PF TO BE DEDUCTED. THESE 2 SITUATIONS ARE AS:-
a)780*15/3O=390
b)15000/2=7500
6500(MAXIM. 6500)*12%=780

PLZ GIVE ME REPLY ME ON THAT SITUATION


AVICHI NACHIAPPAN
This Query has 3 replies

This Query has 3 replies

12 November 2010 at 06:02

To become a CA

Dear All

Can you please help me on the following.

My son is now studying +2. He is very much interested in doing CA.
He says after finishing his +2, he will take CPT to proceed further to CA.
He is having the opinion that he need not study B.Com to persue CA. He says he will write CPT and join with the Auditor of his friend and start learning things and side by side studying CA.

Is it possible like that. Can somebody help me on this.


SHAAN
This Query has 1 replies

This Query has 1 replies

Dear All,

A company is developing a software (for own use) which is in progress as at balance sheet date.

Can any one explain me in brief how to identify the value of such software for capitalisation. What are the points/documents which need to be verified.



Anonymous
This Query has 2 replies

This Query has 2 replies

07 November 2010 at 19:15

Appointment of Auditors

A auditor gets appointed at the AGM & he has to accept such appointment. What happens if he refuses such appointment? Who is responsible then for appointing the auditor ?



Anonymous
This Query has 1 replies

This Query has 1 replies

05 November 2010 at 12:05

Audit Quiry

Xyz & Assocites , a chartered accountants firm has been appointed as
an statutory auditor of Abc ltd. at the Annual General Meeting for the
financial year 2009_10 which is held on 30/06/2010. The partner of the
ca's firm "X" was indebted to the company of Rs. 10000/- at the
begining of the year i.e. 1/4/2010. By hearing of notice of the
appointment "X" pays off his all liabilities as on 15/06/2010. Examine
whether the appointment of xyz & associates is valid.


bhavik mehta
This Query has 3 replies

This Query has 3 replies

04 November 2010 at 18:35

whether it is auditable u/s 44AB or not.

hello sir,

I have a query of whether it is auditable u/s 44AB or not.

In one of the case, a party is selling Fruits on commission basis, in which purchasing from many parties & selling onbehalf of them on commission basis.
But that party is receiveing cheque sometime from retail sale also in his name & then he just issue in the name of creditor( from whom he is purchaseing), after deducting his commission from that amt. && The Purchase bill clearly shows the amt of commssion of that party.

& books clearly shows same amt of commission's purchase = Commission Sales .

Sir, please kindly, help me out with proper explanation, is it liable to Audit or not in case where after adding commission's sales its may goes more than 5 crores. orelse just 10 to 12 lacs.

thanking You in Advance.

& happy Diwali & New year to all.


margesh gandhi
This Query has 1 replies

This Query has 1 replies

03 November 2010 at 10:34

Audit

what is difference betn statutory Audit, Tax Audit & Bank Audit


Girish Bakhtyar
This Query has 2 replies

This Query has 2 replies

02 November 2010 at 14:36

Practice of False Balance Sheet for Loan

Dear Sir, i have observed that to take a finance some of the people make the false balance sheet or modification in original balance sheet with respect to loan calculation. i wish to know how far risky it is with respected to audited & unaudited balance sheet...?


yogita
This Query has 1 replies

This Query has 1 replies

02 November 2010 at 12:24

224(1B)

WHAT IS LIMIT FOR AUDIT OF COMPANIES TAKEN BY AUDITOR U/S 224(1B)?

WHICH IS APPLICABLE FOR PCC NOV10?






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