Internal audit of a resident welfare association
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
10 December 2012
We (auditors) had accepted to do an internal audit for a RESIDENT WELFARE ASSOCIATION. whose books of accounts were audited up-to 31/03/2011( a consolidated audit was done from 01-07-2009 to 31/03/2011 by some other auditor )The copy of audit report was given to us . we are supposed to audit and give a report for the period 01-04-2011 to 31-03-2012. but account books were maintained only from 01-05-2011 (due to change of management). Practically how are we supposed to do the audit now, also how to conform the opening balances. It has an average receipts of 5,00,000 per annum(collected for apartment maintenance .)
01 August 2024
https://docs.google.com/document/d/103jzxFPX9UmZmD6ja39GvUy8y1BiH2TM42Ck8yyFyU0/edit?usp=sharing
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Leave encashment and gratuity on death of employee
- GST ON FREE SAMPLE
- Regarding selling goods
- Exemption u/s 10(23C)(iiiad) by ITAT
- Applicability of E Invoicing if turnover exceeds rs 5 cr
- POSH Registration
- Advocate is authorised for formation of company as per section 7 of the company act 2013
- Immovable gift deed
- ITC on Construction of Warehouses
- Mentioning of GST models in invoice
- Adt1 dsc where to affix?
- TDS Applicability on Adobe Subscription u/s 195
- Tcs claim for previous financial year
- TDS Return filing if only have 15G /15H deductions and no other payments
- Portuguese Civil Code of 1867
- IGST ITC RELATED
- GST on Taxi Service
- IMPORT OF GOODS CREDIT
- Formation of company by advocate
- Regarding GSTIN Cancelled suo-moto
Trending Online Classes
-
Online GST Course - Master the Fundamentals of GST with Practical Insights
Ruhi Joshirao19 January 2026
CAclubindia
