Finalisation of p&l & b/s
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
27 December 2013
what is the step of finalisation of P&L & B/S
27 December 2013
Please refer to below ,,may be helpful to you
https://www.caclubindia.com/experts/ledger-scrutiny-290265.asp
https://www.caclubindia.com/articles/ledger-scrutiny-backbone-of-statutory-audit-part-2--15001.asp
https://www.caclubindia.com/articles/-ledger-scrutiny-backbone-of-statutory-audit-14826.asp
https://www.caclubindia.com/articles/finalization-of-balance-sheet-part-iii--15406.asp
https://www.caclubindia.com/articles/finalization-of-balance-sheet-part-ii--15339.asp
https://www.caclubindia.com/articles/finalization-of-balance-sheet-practical-aspect--15257.asp#.UHM0g5jMhh4
Thanks & regards
Ganesh babu k
https://www.caclubindia.com/experts/ledger-scrutiny-290265.asp
https://www.caclubindia.com/articles/ledger-scrutiny-backbone-of-statutory-audit-part-2--15001.asp
https://www.caclubindia.com/articles/-ledger-scrutiny-backbone-of-statutory-audit-14826.asp
https://www.caclubindia.com/articles/finalization-of-balance-sheet-part-iii--15406.asp
https://www.caclubindia.com/articles/finalization-of-balance-sheet-part-ii--15339.asp
https://www.caclubindia.com/articles/finalization-of-balance-sheet-practical-aspect--15257.asp#.UHM0g5jMhh4
Thanks & regards
Ganesh babu k
Message likes :
1 times
27 December 2013
The following steps are require for ledger scrutiny:-
1)Proper grouping of ledgers
2)Adhearance to accounting principles
3)Adhearance to ICAI guidelines
4)Adhearance to the principles of double
entry system
5)Trend analysis in regular expenditure
6)Statutory compliances
7)Proper narration in entries
8)Long outstandings
9)Linkage between the grouping and the
nature of transaction entered into with various parties
10)Booking of expenditure
11)Linkage between accounting treatment and
narration
12)Proper accounting treatment
13)Entry in proper voucher type .
Thanks & regards
Ganesh babu
1)Proper grouping of ledgers
2)Adhearance to accounting principles
3)Adhearance to ICAI guidelines
4)Adhearance to the principles of double
entry system
5)Trend analysis in regular expenditure
6)Statutory compliances
7)Proper narration in entries
8)Long outstandings
9)Linkage between the grouping and the
nature of transaction entered into with various parties
10)Booking of expenditure
11)Linkage between accounting treatment and
narration
12)Proper accounting treatment
13)Entry in proper voucher type .
Thanks & regards
Ganesh babu
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