I need the list of items to be checked at the time of internal audit for a private limited company. pls send me the complete details since I need to go for internal auditing next week.

1. How many types of Audit is applicable in indian industry ?

2. Is Audit will be applicable on above 60 lacs sale or above 60 lacs purchase or its depend on total turnover sale+purchase ?

Plz tell what is applicability of Audit ?

Plz ans my above questions.

Thanks in advance.
Amit Kumar

can anyone tell me good audit procesure n some imp. auditing aspects & areas where i need to give more attation for audit of an raod contractor.
regards

lokesh jain
thnx in advance

Sir I have recently started practice. An asessee has told me to give projected balance sheet & P and L A/c for forthcoming years. Sir What should I verify for that.
And also tell me while attesting which wordings should I use....means before FOR XYZ Associates...like Subject to...
Please provide me the exact wordings so that the burden dos not come on me.

Thanks

PLEASE LET ME KNOW WHAT IS DIFFERED TAX, HOW ITS CALCULATED AND WHATS ITS ACCOUNTING TREATMENT ?

what is the procedure for e-filling of Tax Audit? what is the cut off date for e-filling

Can auditor qualified the report merely on the basis of the audit has been done on the basis of Photocopies.

Audit of a AOP(RWA) was being done by one auditor ,and at the time of appointment or thereafter there was no reappointment was being done in any meeting.Now if new auditor is being appointed by that AOP,what are the formailites for the AOP & new Auditor.New Auditor need to be appointed at EGM or AGM or can be appointed at any Governing body meeting.Also in case there is no reappointment of auditor is being done of the previous auditor ,still new Auditor has to take NOC from the previous one.

If a company is charging depreciation on a SLM method under the companies act and an asset is purchased on 23rd Feb,10 and the company provides depreciation for FULL 2months feb, march. Is there approach correct?? or should the depn be calculated based on no. days calculated from 23rd Feb,10-31st Mar,10??I mean if an asset is purchased in the middle of the month n depreciation is provided on SLM Basis, how shall the depn be calculated for the month of purchase?? Should it be the full SLM dep calculated for remaining months or should it be on a proportionate basis??

Please tell me what is the mening of purchases while calculating the consumption ammount? Closing Stock is valued at as per AS-2 i.e.cost or NRV whichever is lower.Closing stock is exceeding the purchase price as it includes freight amount and so the consumption turns to be negative? Is there is any remedy for this?? Please do reply fast.