vijay kumar
This Query has 2 replies

This Query has 2 replies

Hi Sir,
I am working as an audit manager in an audit firm. One of my client company has three subsidiary companies. They desired to publish consolidated financial results for the half-year ended. Whether it has to publish segment wise results also


Rashid Ali
This Query has 4 replies

This Query has 4 replies

30 October 2009 at 13:39

Cash purchase

Dear Expert

Please tell me that if my Client purchase his all material in cash mode on the basis of original bills .

So please tell me that whether this kind of cash purchase is disallowed in income tax or not

please suggest

thanks


jagruti supekar
This Query has 1 replies

This Query has 1 replies

30 October 2009 at 12:54

Regarding SA-Urgent Query

Hi,

As per RTP Nov-09 CA Final(Old Course) exam,In list of institute publications,in notes-

It is specified that the SAs-400,310,401(earlier known as AASs-6,20,29) would stand withdrawn. Now My querry is that while answering the questions regarding these SAs matters(for example "Knowledge of the buisness").Wheather the reference of the above SAs should be taken or not? Or the reference of the text of these SAs should be given for answering without mentioning these SAs?

What should be done?
Please guide me...

Thanks & Regards,
Jagruti




PRASHANT KUMAR
This Query has 1 replies

This Query has 1 replies

30 October 2009 at 11:55

Section-224(1A) of Companies Act, 1956


As we know that, Company is required to give intimation to auditor after appointment in the General Meeting within Seven days, And the Auditor has to file Form-23B within 30 days of receipt of intimation from the company about whether he has accepted the appointment or refused it with ROC,

My question starts here, that if Auditor fails to file Form 23B with ROC within 30 days, What are the consequeses under Company Laws, or any other applicable Acts, Rules & Regulations.


santhosh kumar
This Query has 3 replies

This Query has 3 replies

29 October 2009 at 16:56

Career in Internal Audit

Hi friends, all the best for all the students appearing for the CA Exams.
My Query is i did my MBA with Specialization in Finance right now i am working for a public limited company as a Audit Executive in Internal Audit Department i have morethan 2 years of Experience in accounts and Internal audit.I am looking for a change in my job can anyone tell which sector is good i mean BPO's or Indian Firms Please help me out.


Hanmantu N.Sai
This Query has 2 replies

This Query has 2 replies

28 October 2009 at 18:40

Audit Case

Hi Everybody,

I want to know if i am builder & i have received advances against flat booking, but still work is in progress, there is no sale of flats or no possesssion given to any flat holder.

Then in this case if all the expenses including land, labour & indirect exp. exceeds Rs.40/- lacs then is it consider as audit under section 44AB.


survesh
This Query has 3 replies

This Query has 3 replies

28 October 2009 at 17:38

Festival expenses

Dear Sir,

Our Firm is a Partnership Firm.We Have Expend Rs.17000.00 on Diwali Festival Celebaration with Gifts To Partys & Pooja Celebaration.Our Ac is in Tally pleases say all the Diwali Expenses what Ac should I Debit for Cash.Please guide me for Proper Expense Head.

Thanking


Sonal Saxena
This Query has 5 replies

This Query has 5 replies

I wish to join a company as internal auditor and the company is offering me a payroll. I suppose I have to surrender my COP for the same and then only I can join as internal auditor on payroll.


sudhakar s. yeradkar
This Query has 2 replies

This Query has 2 replies

27 October 2009 at 13:13

Telephone Bill Reimbursment.

My company is paying me Rs.1000/ pm under head of Telephone expense which is part of salary and deduction from mu annual CTC.

Now account dept has guided and insisting to support voucher with the valid bill for audit purpose.

My feeling is that if it is part of my salary then supporting should not be imposed on employee?

I seek your expert advise.

Rgds,

Sudhakar Yeradkar.


Anuj Jaiswal
This Query has 1 replies

This Query has 1 replies

26 October 2009 at 19:36

search of files on the this site

Dear sir,

I feel at the time of using the site some critical aspect regarding information to be taken from this site is not as per the requirement of the visitor as the same consume a lot time in searching the requred file.
My querry is this whether we could get the shared file as per the search rule i.e. file name with the respective contributor as the same done on google site to search a particular range of site.

your regards will be highly appreciated in this regard beacuse it wiil save a lot of time of visitor of this community.

Thanks






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