Dear Professional Brothers and Sisters,

I have started my career in Internal Audit in Corporates and after 3 years of passing I an now realizing that the career in Internal Audit is not rewarding. Its highest level is GM_Internal Audit where you will left as a support department and cannot go further upside.

Please suggest,
1) Whether the above statement is true?
2)Should I think for the other options, if yes then what is the area to be explored.
3)Please suggests me the better options for long term career.

Best regards,
Deepak Kumar Shaw

how to prove in court that.......
in co-op. society, m.d. gave some amount (say 20,00,000)in cash to the employee to giving another co-op. society. there after it was found from conformation that the cash was not received. and the mediater (employee) embelzed the cash. then how to prove in court from our books of account? some C.A. told that co-op. society to whom payment to be made should immediately credited. And some told that if the party to whom cash to be given should not credited immediately, because FIR is made against the defaulter party. and not any changes to be made in that account, as we are not judge.

tell me solution with accounting entry in details. my mail id is " sonibhavik1988@yahoo.com "

reply immediately.........

How partners renumeration is calculated if there are 2 partners having 50% share in profit each, in a partnership firm.

Can the share application money be received in form of kind? Do the following entry is correct?

ADVANCE TO CREDITORS a/c Dr
to SHARE APPLICATION MONEY a/c.

a co. sells set top box on receiving security deposit. the security deposit is non refundable. plz advice whether the security deposit will be treated as revenue recognition or will it be split over a period of time... your answer should be based on AS..

Dear Sir,
Is consultancy fee(say gross receipt of Rs. 30 lac in a year) covered under tax audit?
Please suggest me
thanks in advance

Which industries are currently covered under CARR(Cost accounting record rules) for maintenance of cost records. Is the frequency of ordering special audits under s233B consistent

Dear sirs,
May i request u to pls. give a guideline on what can be the broad audit process on verification of Fixed assets having WDV value as NIL in the Fixed assets Register.
This will be of immense help to me.

Thanx and regrds
S.K.Majumdar
Asst.Manager(Internal Audit)

Please provide me the scope of internal audit for law firm.

Thanks and Regards

What do you mean by CMA data and what is the utility of it. Who can prepare it and what are the statutory requirements in respect of it.