Hi!My C.A. attempt is due in Nov. 2010. Actually I want to know which book I should refer for Law & audit?I am also want to konw, either I should read one book for law & audit each or an other book also. becoz some student says u should refer only one book while some other says just opposite it.
Is only study material of Institute sufficient for audit?I am really Confused.
Plz help me.................

When a Chartered Accountant is performing a statutary audit, he is acting as an agency of the revenue department. Many times, we have seen that the dealers'/assessee's assessment has been made on the basis of the auditors' report.

It is very well settled doctrine of the law that in any given case, one person can not be the solicitar for both the parties.

Now, when a CA is performing the statutary audit (which is presumed as acting on govt's behalf); then how can he defend the assessee for his own cause and act?

There should be made provision so as to restrict the person who has conducted the audit, to represent the dealer/assessee in the assessment or other proceedings before the revenue department (it may be Income Tax Department or concerned VAT department).

That C.A should not be allowed to represent those dealers/assessees in the assessment proceedings of whose accounts he has done statutary audit under Income Tax Act or VAT Act. A different C.A or an advocate should be allowed to represent the assessee/dealer in such cases.

please provide your unbiased views for healthy discussion

dear all,
i want to execute a partnership deed and i want to know what the value of the stamp paper required to for executing the same. the partnership is in the state of andhra pradesh.can u tell me the format of the deed as well.

How to solve cass law in Icwai for inter exam for law & audit

What is the maximum %age of ESI and PF an employer can statutorily deduct from employee's salary ???

the Disclosure and investor protection guidelines 2000 (including Book Building and Green shoe option) which is rescinded is applicable for the may 2010 attempt or not?

What is the procedure to take part time COP.

Whar are the right available with Part time COP.

I have authorised capital of Rs 1 lac.
The same needs to be increased to Rs 4 lacs.
Now before form no 5 gets approved, is it possible to file the return of allotment in form no 2 for allotment of Rs 3 lacs share?

I have authorised capital of Rs 1 lac.
The same needs to be increased to Rs 4 lacs.
Now before form no 5 gets approved, is it possible to file the return of allotment in form no 2 for allotment of Rs 3 lacs share?

Dear Friends
my query is relating to section 269
can i appoint MD in 2010 & his designation make effective since 2006 in a public company?
Plz Answer