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.

how to do an internal audit

Sir, Are there any books on statutory audit published by ca institute. plz inform me if any books are there.

TDS can be deducted on peyment of loan interest which is given by pvt ltd company

A MACHINE PURCHASED IN 2009 FOR 20 LAC,, RS 12 LAC PAID --- TRIAL RUN IN 2011 OF ONE BATCH , (SALES RS 50000/-) ANOTHER TRIAL RUN, 2 BATCHES ( SALES RS 3.50 LAC) -- TRIAL RUNS FAILED -- NO SUFFICIENT VALUE ADDITION TO INPUT --, LOSS -- MACHINE DEFECTIVE -- BALANCE RS 8 LAC NOT PAID AND REVERSED TO COST OF MACHINE IN 2012 --- DEPRECIATION NOT CLAIMED IN 2011 AND 2012 AS MACHINE NOT CONSIDERED AS " PUT TO USE ".-- IN 2014 MACHINE SOLD FOR 9 LAC - FIRM HAS NO OTHER TURN OVER, BUSINESS OR RECEIPT IN 2011-2012-2013-2014 --- RE: TAXABILITY IN 2014 - LOSS ON SALE OF MACHINE --- HOW TO PRESENT ? THANKS

How to treat absenteeism while calculating ESIC. salary of Rs.16000/- for example Workman A worked for 31 days in Jan-13 and got a monthly salary of Rs.16000/- and workman B woked only 27 days and was absent for 4 days and so he got a salary of Rs. 14000/- only. In such case is the workman B eligible for EISC Deduction? Pls help

Dear sir,
we are the internal auditor of a co. we report every month internal audit report to the co. but as per statutory audit. some changes b/w the internal audit and staturory audt. so now they demand revised internal audit report can it is possible. if yes how? please any body

Treatment for expenses on rental property...can it be capitalised?

How the auditor will certify the cash and the stock in the Balance sheet as on 31st March,because his appointment normally took place after the balance sheet date.

Please state the audit procedures in this regards