Online Lottery
This query is : Resolved
16 February 2009
how should income be recognisewd in the books of accounts of an online lottery business? does any one have audit prog/critical areas wrt to lottery.
Also anything on offence & penalty
Also anything on offence & penalty
21 February 2009
There is no standard procedure for any audit area... Develop on ots own...
As regards online business, ask them on what basis they recognise income. How they come to know whether they have won anything or not...
As regards online business, ask them on what basis they recognise income. How they come to know whether they have won anything or not...
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