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anand
This Query has 3 replies

This Query has 3 replies

29 May 2010 at 12:44

Advance paid against the project

I am doing audit of a pvt company,Company has been paying to its group company as advance against the project, and there is no as such any agreement regarding this. This is only a inter company fund mnagement
is there any dislouser requirement?


darshit
This Query has 2 replies

This Query has 2 replies

What is the difference between TAX Invoice and RETAIL Invoice? Please explain briefly


SAURABH
This Query has 4 replies

This Query has 4 replies

28 May 2010 at 16:53

AUDIT

I M STUDYING AUDIT-PAPER FROM NOTES OF VINOD KUMAR AGRAWAL,SO IT IS SUFFICIENT COURSE-MATERIAL FOR UPDATING IN EXAMS.
PLEASE SUGGEST


Mukesh
This Query has 4 replies

This Query has 4 replies

28 May 2010 at 11:43

Depreciation for Machinery

Machinery was purchased in April and it was returned back to vendor in december , whether for this depreciation has to be calculated



Anonymous
This Query has 2 replies

This Query has 2 replies

28 May 2010 at 11:16

Tax Audit


Please specify what is Tax Audit ? And to whom is it obligatory to get tax audit done ?


Sandeep Kumar
This Query has 3 replies

This Query has 3 replies

27 May 2010 at 19:03

audit fees

how to treat audit fees in p&L & b/s


CA Ysil Karunai
This Query has 2 replies

This Query has 2 replies

27 May 2010 at 13:17

Statutory Audit

Dear Sir,
Whether a company is not maintaining a Fixed Assets Register from the date of incorporation itself, What is the duty of Auditor with regard to Physical verification of Fixed Assets?
Company's Turnover during the year Rs. 30 crores, Fixed Assets 1.75 Crores, Loan from Financial Institution Rs. 50 lacs
Query:
1. What is the reporting requirement under CARO and Section 227?
2. How should the Auditor frame the report with regard to Non-maintainence of Fixed Assets register, and physical verification?



Anonymous
This Query has 1 replies

This Query has 1 replies

26 May 2010 at 14:35

Unaudited financials

While preparing (& signing) financials of a company, figures taken for disclosure of its Joint venture company were unaudited.In next year which figures of joint venture company (audited or unaudited)should the company take as comparable figure in next year's disclosure?


CA Ysil Karunai
This Query has 5 replies

This Query has 5 replies

26 May 2010 at 14:32

Tax Audit

Dear Sir,
In a tax audit report, if the Auditor is unable satisfy about the payment exceeding Rs.20000/- through A/c payee cheque/draft means he has to give Diclaimer of opinion.
Query:
How to ensure whether a payment through cheque is A/c payee or Bearer cheque in a audit process?


Dharmesh
This Query has 3 replies

This Query has 3 replies

26 May 2010 at 13:04

Ceiling on No of Audits

As per CA Regulations as a CA i can have maximum 30 Audits of Cos be it PVT or PUB.

But what is ceiling for no of Tax Audits (sec 44AB) that i can have in a year. will this tax audits be included in ceiling of 30 audits above?

please help me out dear all.






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