can u please suggest me whether i should write AAS or ISA regarding auditing standards in PCC examination

Friends,

whether membership number of auditor is required on Balance Sheet & Profit loss A/c of Company.

if Yes which guidelines, acvt, law, rules say this ??

Dear Sirs,

For my engineering consulancy firm, if we exclude service tax, my turnover for FY 09-10 is below 10 lacs. Do I have to undergo audit. Note that we show service tax seperately in our invoices. The cheques received from customers is (bill+service tax)-TDS on bill+service tax.

I am getting different views on this matter. Please let me know specific provision / clause in IT rule for clarity.

Thanks and Regards,

YOGESH KELKAR

We have been appointed as Auditors in a Pvt. Ltd. Company, subsequently the Company becomes a Public Limited Company

What procedures do we require to effect our appointment in the newly changed company.

Whether payment is made to R.T.O.in cash more than 20000/- disallowed? Under which authority is covered ? Is there any specific provision under I.T.Act that payment made to R.T.O. for more tahn Rs.20000/- in cash not disallowed ?
Pls reply this is urgent sir

Dear Experts,
i wanna know that if a person carrying a profession/business n his gross receipt from dat profession is Rs 9/Rs 39 lac & he is carrying another profession/business n da gross receipt from dat profession is also same i.e., Rs. 9/Rs 39 lac, is he liable to Audit u/s 44AB.
Plz clarify with example,if possible

Thanks in advance

Please provide me the vouching process or checklist for Doing the Sales(central and local) and Purchase(central and Local).

I want to know what are the
Documentation that has to be check for loan advance in bank audit?

if Co.ABC has invested Rs.75lakh on May,09 as a debenture application money in it's group company, and has received back from them on Jan,2010. (i.e. during the year it self)
The ABC co. has shown this transaction as Investment in it's Books of accounts.
and no income is generated on this investment.

query:
whether above transaction covered under sec.372A i.e inter corporate deposit or in any other section of co. act?

since as per my judgment it is just manipulation of accounts.

i am appointed as a audit clerk for a concurrent audit. But have no experience in it. from tomorrow onwards i will go for it. any can give me some tips about concurrent audit? what are all the documents should i ask the bankers? what type of documents should i verify, how and what is the supporting papers for that?