letter to the previous auditors

q1. How many companies can an auditor audit? is it 20 including all types of companies? or is it 20 excluding dormant, and private companies having share capital less than 100 crores? I don't know which is the latest amendment?

q2. While calculating this number, do we include branch audit and subsidiary companies audit? As per my understanding branch audit will be counted as 1 separately.

Please help me out.
Thanks

A CA in practice may establish a TIN - FC, and may as well establish a TIN - FC under franchise from the other entity which is already a TIN -FC. what is the meaning of TIN - FC?

Please tell me how to show nil assets and liabilities for fast track exit mode of company law, we have only Rs. 100,000 share capital in the company & not having any expenses in the company.

Company is incorporated in the last year(2015), due to in-operation of the business of the company, company want to close it by Fast Track Exit Mode.

So, please tell me how to make statements of assets & liabilities in which we want to show nil assets and liabilities.

Is audit of NGO compulsory or not if yes in which circumstances and conditions applicable.

Sir please tell me what is IFC audit??

If I write as it is from Vikas Oswal ipcc book then I will get 90marks

Dear Sir,

A company shown their some AC(Air Conditioner) under Office & Equipement & some AC under Electric Installation. Is this right please clear it.

sir,
as per compnaies act limit of audit is of 20 excluding the ones mention under notification dated 05/06/2015.

please explain whether branch will counted in it or not?
if i am having audit of HO and two of its branch will it be 1 aur 3?
if i am having audit of 2 branches and not of HO?

i will be very gr8ful if some one explain limit of audit mention under different acts.

This query is related to the audit and the byelaw of a Apartment Association.
All the flat owners are members of the association and paid the maintenance deposit/membership fee of Rs 25000 at the start of the Association and by thus, all flats are the members.. But the Association is collecting Rs25000 from new buyers as membership fee, again without a clause in the Byelaw. Our accounts are audited by a qualified Chartered Accountant. We are planning to request our Auditor, not to allow the Association, to account such income under the head “Membership Fee”. Because there is no provision in the Byelaw for a second membership. We want to know whether the audit is only to check the income /expenses vouchers or based on the byelaws.Kindly advise.