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what are the criteria for a steel manufacturing company to come under cost audit. what are the matters to be taken care of if a co. comes under such requirments.
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ABC ltd a manufacturing company dealing in sale of Vehicle spare parts. it is providing its machinery for basic operations to a contractor. who is using both labour and his saleable goods.He is even charging sales tax.
If it is a immovable property on which both labour work and sale of material is carried on then i need to deduct tax.
But in this case it is a movable item.Can ABC ltd needs to deduct tax ?
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is there any prescribed format of audit report for a company on which caro is not applicable?
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what major points do i see when auditing the books of a co-operative society?
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This Query has 5 replies
Is internal audit compulsory?
What is CARO ?
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I want to know about If any transaction may be recorded in the books beyond the bill date then what'll be effected in diffrent type of areas(like taxation,accounting standards)?like that i have purchased any type of fixed assets on 2.2.2007.but i have entered in the books in 31.12.2007.so does it applies any AS,AAS.& also effects in taxation.
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If any person sale goods on behalf of his prinicipal wheather sale proceed constitutes turnover or only C & F gross commission deemed to be his turnover
This Query has 4 replies
1)Does the Nationalised banks nomally give guidance papers( papers informing which particular areas are to be checked) and policy papers to CA firms which are alloted Stock Audit or Concurrent Audit?
2)What are the websites from where exahustive information regarding stock audit and Concurrent Audit of banks can be obtained?
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Hi friends
can anyone provide me with template or format of a good internal audit report which is to be submitted to the management of client. Its urgent
compulsory cost audit criteria