Is date of approval of financial statement and date on which financial statement are issued to outsiders same? Subsequent events tells- Events between date of financial statement and date of auditors report and facts that auditor comes to know after auditor's report but before the "date the financial statements are issued". So is the date of financial statement being issued to outsiders and date of signing balance sheet by directors(approving financial statement)same? and are financial statement approved and signed by directors in AGM? if so then when are the financial statement issued to outsiders and third party,after AGM or in the AGM itself? please help ipcc student.

as per notification 25/2012 service tax, income was exempt from s.t. as per notification 20/2015 this exemption is withdrawan. Due to this service tax liability arises reducing income by 32 lacs. Does this needs reporting in 3 cd

provision made for service tax payable for the month of may,but payment made in june does krishi kalyan applies here..

Can you advise me what is the procedure for Audit of a Public Trust under the BPT Act 1950 and Rules there under.

I have been told that it is very different from Audit under the Companies Act.

I look forward to hearing .from the Experts.

if indian company receives amount in INR from the foreign entity towards service provded by Indian co. then indian co.'s bank will issue foreign inward remittance certificate...? p.s. 1. invoice is raised by Indian co. in INR 2. foreign co. converts the foreign currency (say usd) into INR from their bank..hence Indian company receives directly INR in it's bank.

Dear Experts,

It is required to take Balance Confirmation from bank from client at the time of audit. If client not have the Balance confirmation from bank than Bank Statement is sufficient for evidence.

Thanks

One of the assessee having a proprietorship business with a turnover of 50,00,000 & he is having a Income of Remuneration & Interest on Capital from one of his partnership business of 60,00,000 whether he is liable for Tax Audit?

Hi all..

Can present auditor's remuneration be lower than the previous year in case well performing company..???

Sir,
Our company's Auditors has made title of Audit report in name of "Statutory Audit Report" instead of independent audit report. this has been pointed by Senior auditors.
Can we do the title as Statutory Audit report.

hii sir
am new articled student i dnt know how to check the receipts .
can u explain about that

regards
sudharshan