how to do verification of fixed assets.

how to do ledger scrutiny
what one should do in ledger scrutiny

One of the previous auditor not given No objection Certificate due to Draft Balace Sheet not provided by BOD to Auditor but we have recived appointment from C&AG to done audit. what shpuld we do?

Dear Expert,
the company is getting price protection say 1 week, i.e The company will purchase as per price list and if price falls in market within 1 week then company will get the above discount.
I want to know the accounting treatment of discount and nature of above discount, whether it is a cash discount or trade discount.


Thanking You
Z A M I R

if a loan of Rs.20,00,000 is given by the MD to The company and is given in cash. what are its consequences which will affect the company?
&
What are the statutory obligations of an auditor in relation to the above situation?

There is a rule in IT for civil contracts that earning below 40 laksh per annum, need not maintain books of accounts and just take 8% of gross turnover for calculation of tax. How about for commission agents and professional income for F.Y 2009-10. Kindly guide.

pls suggest me good reading material for AAS (pcc)

Dear Sir/Madam
We are maintaining books of accounts of our compnay on computer system.
i want to know whether it is compuslory to print books of accounts and get closing balances signed by auditor. kindly give reference of relevent provisions.

Thank you

Dear Sir/ Madam,

May I get your help for the below 2 questions,

1) Why some companies in India employ jonit auditors (excluding the
national banks that are required by regulation)?
Where can I get some official documentation on this phenomenon?

2)Comparing BSE and NSE, which is the more important stock exchange in India?

Can we say that the quality of the listed companies in BSE are generally
better than the ones listed in NSE?

If I want to choose a sample body for my research for Indian listed
companies, may I say BSE is a better choice than NSE?

And where can I get some official info on this?

Appreciate a lot.

Wish you a nice day.

Hi,

I have a query on provident Fund deduction for contract emolyee.
As there is no any consutancy, there is employer & employee relationship but still the provident fund for ontract employee is not deducted. So can someone guide me whether it is necessary to deduct the PF for contract employee in above situation or not?