what is performance bank gaurantee?

please explain in details.

HOW TO SCRUTNISE THE FOLLOWING LEDGERS
1. cURRENT lIABILITIES(provisions,Payable{exp,Salary,ESI, PF},creditors

2. Loans(liability)-BankOD, Term Loan,Defferd Tax.
3. Fixed assets.(p&m, Land,Building)
Thanx

what is purchase indent ?

when it is issued AND by whome it is issued?

what is its importance in the audit of a company?

please explain in detail.

Whether accounts to be gets audited under income tax act if Derivative inttra-day turnover cross 40,00,000

Is there any difference between Royalty and Rent??

If there is any please let me know..

THANKS A LOT in advance

THE DEBTORS OF THE COMPANY ARE SHOWING BALANCE (AGEING ) OF MORE THAN 180 DAYS PENDING WHILE THE AVG. COLLECTION PERIOD OF THE COMPANY IS 90 DAYS. AND ALSO THE MGMT OF THE COMPANY SAID THAT THEY DONT HAVE THIRD PARTY CONFIRMATION FROM THE DEBTORS.
PLEASE SUGGEST THAT AS AN AUDITOR OF THE CO. WHAT SHOULD I DO?

hello experts,
What are Credit Rating Agencies?

HELLO SIR,

PLZ TELL ME THAT Ram (Individulas ) give loan to his friends shyam for Rs. 1,50,000 & he is covered under tax audit is it a matter of tax audit or not , if yes How i can show in 3cd

thanks

A company is having two units one in Jharkhand-HO & one in Hariyana-Branch maintaining separate accounts. Is it necessary to certify accounts of branch in Hariyana before incorporating the same in accounts with HO? If so under which provisioms of law?


The branch accounts duly certified by auditor is required for various purposes for sales tax, VAT, excise,service tax, p tax etc

There 200 chairs purchased for Rs.500 each.on 1/10/2009. What would be the Depreciation for the December Quarter? As per Cos Act an asset amounting less than 5000/- should be charged with 100% Depreciation. Will the chairs qualify for
100% Depreciation? What will be amount of Depreciation?