Audit QnA [Resolved] - Page No 490

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meghna

This Query has 1 replies

11 December 2009 at 22:33

query sheet

how to prepare query sheet is there any format

CA Mahesh Gurjar

This Query has 1 replies

11 December 2009 at 14:13

Stock Audit Formate

Dear Expert

Please give me stock audit format

Regards
Mahesh Siradhana

CA Puru Goyal

This Query has 1 replies

11 December 2009 at 13:18

consignment sale

Now I am on audit of trading company, it deals with buyer according to consignment.So during the audit what complianc should be fullfilled b me? Plz suuggest,......

Hashim

This Query has 3 replies

10 December 2009 at 13:06

What is the exact law for " cash payments of more then 20000"

Is it aggregation (sum up) per day per person

Or,

Is it per person per year

Example:

If I purchase goods of Rs. 100000 from Mr. X,

(1)
Can I pay cash 20000 x 5 = 100000
in different dates of the same financial year to Mr. X.

Or

(2)
I can pay only Rs. 20000 Cash in the same financial year to Mr. X. and rest by cheques.

Please guide

Dhanashri G Khot

This Query has 1 replies

10 December 2009 at 11:46

Qualification vs Observation

What is the difference between Qualification and observation and stating of facts in an audit report?
When do you say the report is qualified and when is it just stating of the facts?

Anonymous

This Query has 1 replies

10 December 2009 at 11:33

Inventory Counts

Is there any provision whereby inventory count may not be carried out in a financial year without any qualification in the audit report. Further read somewhere that is the Company adopts some sort of statistical sampling methods, then they can avoid physical stock take provided the system is robust. What is this statistical sampling for inventory procedures.

CA Anshu Agarwal

This Query has 5 replies

10 December 2009 at 02:09

revenue stamp duty

dear sir,

please provide me the details about the revenue stamp of Re. 1 to be affixed on receipts involving amount more than Rs.5000.00.

what is penalty for non- affixing the revenue stamp of Re. 1?

thanks