Hello Mates Kindly address my below mentioned query: Wts d difference b/w risk of material misstatement at Financial Statement level & Assertion level (accounting transactions, account balances & disclosures) as far as SA 240, viz. 'Responsibilities of Auditor in material misstatements due to fraud' is concerned ? Thanks in advance.

Can somebody give an easy example of balance sheet approach of calculating deferred tax asset/ liability ?
For example,
WDV as per BOOKS : 1085291.09
WDV as per Income Tax Act : 655305
which amount will appear where in balance sheet? why is there difference when we calculate Deferred tax asset/liability by comparing depreciation as per books and depreciation as per Income Tax Act?

Dear sir/Madam,

I have a doubt regarding cash payment exceed statuary limit as per Rule 6D. Whether Proprietor can withdraw cash more than Rs 20000. Is it this is disallowed as per rule 6d.

please tell me.

Regards,
Arun T Bhoothe

Hello,

We need a CA who can do the annual corporate filing for us. Due to some reason we can not do it last year so we want to do for last and current financial year.

Please share the fees that would be involved in doing so.

Regards,
Mayank

Can a practicing CA enter into partnership with CPA?? in or outside India...

i m having weak learning power so what can i do to learn audit chapters

In case auditor has not been paid so can an auditor exercise his lien on books?

what is the tax audit limit regarding turnover of cold storage?
and Is Cold storage considered part of profession?

What is the impact of not fulfilling any term or conditions of agreement which is entered between Private limited Company and Government suppose company has entered into an agreement with government for supply of medicines to govt. department.

Terms and conditions says that the price charged for the supplied item under the contract shall in no event exceeds the lowest price at which the contractor sells this medicine to other person.

Now at the time of audit auditors finds that company is selling medicines to government at very high price as compared it is selling to other.
and government is not aware about this, Now what will auditor do to safe guard himself.

Does segment reporting continues even if the company is no more applicable for segment reporting.