In the Case of Satyam, a foreign auditing company has been appointed, eventhough the Balance Sheet and other Financial Statements have been signed by the members of the Institute of Chartered Accountants of India. How it is possible to appoint foreign companies to be appointed as the auditors of Indian Companies. Please give the answer in detail explaining the Professional Ethics issued by ICAI in this regard.
thanks
regards
sarma
If co. have registered office at kolkata and branch office at mumbai.where is the place for payment of P.TAx of employee of branch office? If Co. is depositing p.Tax of branch office employee at headoffice . is there any default, if yes any penalty on it?
IS P.Tax rate same in both state reply with chart
Please answer my queries as early as possible.
1. Has the Companies Bill, 2008 been passed in both the Houses of Parliament?
2. From which date this bill shall become applicable?
3. For Students of IPCC/PCC of CA from which attempt should this Companies Bill, 2008 be taught?
pls help me to buy a good book which will be helpful from incorporation to running of private company in india
I have wrongly typed in th eplace of resulation no.15 in form 5. what 15 resolution can i show in minute book
Dear experts,
I had a query regarding Clause 41 of the Listing Agreement.
For Eg: If a Co has declared a Net Profit of Rs 9 crores in the Unaudited results. and at the time of giving the Audited results, there comes a variation of 75 Lacs.
Limit prescribed by Listing Agreement is as follows:
) Where there is a variation between the unaudited quarterly or year to date financial results and the results amended pursuant to limited review for the same period, and –
(i) the variation in net profit or net loss after tax is in excess of 10% or Rs.10 lakhs, whichever is higher; or
(ii) the variation in exceptional or extraordinary items is in excess of 10% or Rs.10 lakhs, whichever is higher -
the company shall submit to the stock exchange an explanation of the reasons for variations, while submitting the limited review report. The explanation of variations so submitted shall be approved by the Board of Directors:
Provided that in case of results for the last quarter, the above sub-clause shall apply in respect of variation, if any, between the year to date figures contained in the unaudited results and the figures contained in the annual audited results.
So in that case, whether the Co needs to submit an explanation to the SE for the variation.
Please reply urgently.
Regards
Priyanka
What is the P.T rate on salary in Maharashtra after budget for this year and it is applicable from when?
If financial statements are audited and need to be revised can it be done?
If yes when?
How would the whole process take place?
What happens if shareholders have accepted the statements?
What if the financial statements are revised before the shareholders AGM?
When does this amount to reinstatement of accounts?
Any changes made in service Tax on "Information Technology Software Service" in Finance Bill 2009. We are plan to buy a "CRM software" for our company from XYZ software Infotech Pvt Ltd. We paid any service tax for that Purchase of CRM Software?Kindly clarify briefly for this issue? And also tell what are the Softwares comes under Service Tax
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Allowing a foreign auditor to audit Indian Company Accounts