Dear all,

i had purchase some material through cash on date 10-8-2010, our purchase dept.people raise the order on 18-8-2010,
it is acceptable in auditing ?


reards
rama rao

SIR,
i newly joined article ship n wanna knw significance of TIN no. given in sales bill. is there any entry of excise in case of cash sales...pls tell me the entry.

A listed co is required to publish Quarterly results subject to Limited review of the statutory auditor of the co as per the Listing agreement with SEBI

I have heard that the variation between the Unaudited Quarterly results and audited annual results should not be more than 5 %.

My doubt is what will be the consequence if the variation exceeds the prescribed limit?

please clarify giving references and correct if i am wrong.

Thanks.

Hi frnz

Can anybody sent me letter for appointment of first statutory auditor

regards
Shadab afrahim

A compnay has declared a lock-out in its factory and also at the Corporate Office.
The lock out has been lifted prior to 90 days from the date on which accounting year ends. There are more than 20 number of workers have been working after the lifting of the lock out. Is it complusorily required to provide for the bonus @ minimum rate of 8.33% in such situation under the Payment of Bonus Act in the year when the factory has been reopened?
If not whether there is any clarification to that extent?

Dear Experts,

Pls let me know while doing the LLP audits what points to be more concentrate.

is there any ROC formalities like Ltd.company i.e. minutes, statutory reg.,& others forms wch is filled up in ROC.

from were i have to got the full information abt LLP & its audits.

pls reply.

please provide me internal control questionnair for the audit of freight expenses and how to link such freight expenses with purchase and sales

IF ANY FIRM HAS 39LAC SALE AND 2LAC SALE TAX. IS FIRM COMES UNDER AUDITED BALANCE SHEET.

Dear Experts,
If packing charges has been received from the customers pls tell me which is the best method to account.
(1) showing it as indirect income in the profit & loss account. Can it be treated as Revenue?
or
(2) Netting it of with the packing charges incurred.
In the above two ways which one complies the AS-9?
With regards,
Rajesh.

Dear Experts,
While there is sundry debtors receivable in foreign exchange due to export sale in the balance sheet. Should i have to restate the balance receivable from sundry debtors as the close rate of the balance sheet date.
The profit or loss has to be transferred to Exchange Difference a/c. Then the Exchange difference a/c will be transferred to P&L A/c.
Am i right?
Experts opinion will be highly appreciated.
With regards,
Rajesh.