Dear Sir,
The debit total of Speculation business is Rs.38 lakhs and credit total of credit side is Rs.42 lakhs.
Does audit required for this account ?
What is the crieteria of audit for specualtion business?
Your answer is highly oblidged.

what are the aspects to be covered in ledger scrutiny....what is its role in an audit

Hi
Respected Members

Can any one tell me ? I am doing tax audit of Pvt. Ltd. and in such company following activities are observed:-

First Expenses of April is booked in march but tds is on 1st May and such tds is paid in June due to late receive of bill i.e. in may.

So whether it is wrong or right?

And whether question of interest on late payment is arise or not?

Because Tds is to be deducted payment or credit whichever is earlier.

Hi
Respected Member

Can any one tell me?

I am doing tax audit of pvt.ltd. for a.y. 2010-11 so auditor's remunaration for such year is required to make provision on 31st march 2010 or not?

OR

It will be required to make expenses in F.Y. 2010-11

Hi, i cleared CA in June'09 and have joined in one of the big 4 CA firm.
I'm currently into statutory audit of UK Mutual Funds.
After getting exposure to company audit through my articleship training and post CA, i got good exposure to mutual funds. Keeping this exposure to different types of audit, now i want to get into the field of Forensic Accounting and Fraud Detection using IT and CAATs permanently.
I'm much interested in this field, could you please guide me about the job opportunities in this field and what are the key skills sets required.
Please note i am planning to join Forensic Accounting and Fraud Detection using IT and CAATs training offered by our ICAI institute.

dear Sirs,

While auditing, what are the matters to be looked in If there is PF/ESI appears on the P/& Ls a/c of a firm/co?

What is the due date for PF remittence ?
What % of PF should be deducted?
When is PF to be deducted?

Kindly Help

Mr A is salaried person. Also investing in equity and derivaitves. During Last FY 2009-10 he has Delivery based Sales-Purchase of Shares for Rs. 14 Lakhs Each (Total 28 Lakhs) While Non-Delivery based shares transactions comes to total 29 Lakhs. Grand Total for the year is 57 lakhs.
Whether he is laible to get his accounts audited u/s. 44AB for AY 2010-11

how to do ledger scrutiny of Creditors and debtors, advances

Please give me detailed answer

whether E-filling of return is mandatory to sole proprietor who is reqd. to get his books audited u/sec 44AB for F.Y.09-10 ???

pvt ltd company receive loans from directors

can it is covered as per AS-18 ???

it is required to mention in notes to account???