What point should be keep in mind when we will start the sales audit?

please provide us basic and depth knowledge so that i improve audit concept?

Thanks

HELLO........
ARE INSTITUTES MODULES FOR THEORY SUBJECTS ARE ENOUGH....PLEASE GUIDE ME. MY EXAMS WILL BE DUE ON NOV08....

i want to know the time required to study for pcc examination.
are 3 months enough for studying the entire course.
if more than 3 months are required then how many months leave should i take from articleship

i have completed 15 months of articleship and as my c.a. is not giving me enough leaves to appear in PCC Nov. 2008, i want to leave articleship in july, so can i leave articleship for the time being and what will be the effect of leaving it? will i be elligible to appear in exams?

All of us know that the value of a newly passed out CA is that yearly passing out of CA is 12ooo approx against the requirement of 50000+ by the burgeoning indian economy. This thing is loaded in the favour of indian CA students which helps them secure nice fat packages if they opt for Campus placement.

Now with this new skill "acc. technicians" arising, will this reduce the
prevalent of CAs in India?

Hello all, I just got the news that the karnataka state goes for poll on 10th May 08.The last paper for CA Final exam in on 10th May 08.Is there a chance for postponement of the last paper?

ABC ltd having business of Timber. When he purchase timber party recover TCS on sale value +VAT=Total Sale +TCS

but ABC Ltd sells timber he raise the bill , sale value +VAT, and TCS on Sale Value= Total Sale

so, please help me that TCS should be recover on sale value +VAT or TCS on Sale value

please help me.

please explain me that how will i carry out the audit of purchase.
because i do not have basic concept of purchase audit

thanks

in case of revocable & irrevocable transfers
,who are liable to pay wealth tax,transferee/tranferor.

I have 2 MAFA practical questions. Please send me the answers through reply.

Question1: A company has a book value per share of R.150. Its return on equity is 15% and it follows a policy of retaining 60% of its earnings. If the opportunity cost of capital is 18%, what is the price of the share today, according to Walter's approach?


Question2:The price of the pound sterling was quoted at $1.80 in New York and on the same date the DM spot rate was quoted at $0.40.
(i)What would you expect the price of the pound to be in Germany?
(ii)If the pound was quoted in Frankfurt at DM 4.40/pound, what would you do to profit from the situation?