what major points do i see when auditing the books of a co-operative society?

Is internal audit compulsory?
What is CARO ?

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.

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

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?

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

when and where we can check the allocation status of bank statutory audit as confirmed by rbi

hi, can anybody please tell me diffrence between internal audit & statutory audit in practical life.
How to prepare audit program considering all the factors like ledger scrutiny, IT, SERVICE TAX, FBT etc. aspects.
what should be ideal petty cash system company should adopt for e.g. IOU vouchers etc.
what are the aspect to considered while checking service tax & TDS?
How do ledger scrutiny of debtors in tally?

Mr.X who is a CA, worked in ABC Ltd as a Chief Financial Officer from 01.04.07 to 31.12.07. After that period he resigned his posting and joined in a CA Firm as a partner from 01.01.08. but which firm is already appointed as Statutory Auditor for the perod 2007-08 by ABC Ltd of its last AGM held on 30.09.07.

Now my question is whether that CA firm can conduct audit for the period 2007-08, because 2/3 of the period, Mr. X worked in the company as CFO.