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Balakrishnan's Expert Profile

Queries Replied : 63

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About me

    What kinds of questions I can and can't answer?
    Income Tax, Internal Audit, Information Technology, ERP, Systems Audit, Risk Assessment, Companies Act, Partnership Act, Accounts, Accounting Standards, Auditing Standards I hope I can attend Indirect Tax, Service Tax etc. I can not attend

    My area of expertise
    Internal Audit, Risk Assessment, Accounts

    My experience in the area (years):
    25 years

    Organizations I belong to:
    Practicing Chartered Accountant

    Publications or writing which has appeared :
    NIL

    Educational credentials:
    Chartered Accountant, DISA.,

    Award & Honors:
    NIL

  • caferoz says : Sale of goods
    I have doubt too, as to when to account for sale of goods in the month end. e.g if the invoice is dated 30th Nov but dispatch has actaully happened on 5th Dec. The accounting of sales was done on 30th nov itself to show more turnover. Further sale is not on ex-works basis (i.e.here seller is bearing freight) as far as i know since the intention here is to book more revenue and also CIF basis i think it should be accounted on Dec 5th. Am i right? Kindly reply....

  • caferoz says : Urgent..Pls
    hi, can you tell me when should goods needs to be removed after invoice is made. e.g if invoice is dated 3o nov should dispatch happen within 24 hours or i can dispatch on 5th dec. (Note this is domestic sale,with ED & CST) (caferozuddin@gmail.com)


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