Can Internal Auditors do Statutory Audit. Answer with reference to ICAI's Code of Conduct!

when caro is applicable to the company

ADVERTISEMENT AGENCY IS SPECIFIED PROFESSION OR NOT ? ADV. AGENCY IS LIABLE TO AUDIT U/S 44AB IF GROSS RECIPT EXCEED 1000000 IN P.Y. ?

Is cash payment equal to 5000 required any revenue stamp?

if we are paying any conveyance monthly or daily to the epmloyees, is it required any supporting voucher for the verification.

How can I check at a glance that all the formulas in a worksheet (whether simetric formula/not)are correctly given or not while I am auditing some calculation in a worksheet? Formula auditing mode (so far as I know) displays the path of the formula given in a particular cell and not that of all the formulas at a time.

Dear all
I wanna know about the internal control system of some companies related to Banking & Finance, as I want to study their internal control system.

What approach should I adopt to-
1. Get Information about the companies those have strong Internal controls.
2. Get an overview of their internal controls.
3. Visit them to see their internal controls.

Hello
I want all the rules regarding ding manual accounting and also doing audit and vouching of manual maintained accounts?

WOS of a US company has incurred share transfer expenses on behalf of Parent Company. The expense does not relate to Indian company. It has to be definitely debited to the US parent company. But, how could we do it? Is it by way of raising a Debit Note or is there any other mode? If invoice is to be raised for the same, is margin to be included as per Transfer Pricing?

The issue is pending since long. Could you please give us the best recourse .

Please explain Compliance & substantive Procedure of Audit.