Account audit prob

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self employed
74 Points Posted on 24 October 2013

Hello Members,

I have the following queries :-

1. What is Account Audit?

2. When do we have to go for account audit?

3. How much does a CA charge for account audit ?

4. Is there any slab according to that CA charge for Account Audit?

Regards,

Saurabh

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On 24 October 2013 at 18:07 Report
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Fellow CA
70840 Points Posted on 29 October 2013

dear saurabh,

 

the charges will vary based on the time involved and issues involved in the audit.  You looking for an auditor or you looking for clients?

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On 29 October 2013 at 01:43
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Audit and Tax Advisory
37014 Points Posted on 29 October 2013
Depending on type of work.scope of work.persons deputed on work..financial status of company fee will be decided. Account audit means verification of accounting and ensuring whether it is as per gaap and accounting standards Periodicity can be decided by company...depending on size of company it can be monthly..or quarterly
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On 29 October 2013 at 03:40
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self employed
74 Points Posted on 01 November 2013

WHAT IS THE MEANING OF “BUSINESS” & “PROFESSION” AS PER INCOME TAX ACT. ?

I 'm asking this because I 'm not sure whether my work 'll come under business or profession.

Brief summary :

I do the payment to company for advertising my website. & again my revenue comes from my web properties.

is this business or profession ?

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On 01 November 2013 at 01:52
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Fellow CA
70840 Points Posted on 01 November 2013

what sort of revenue you get?

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On 01 November 2013 at 02:09
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self employed
74 Points Posted on 01 November 2013

again I get revenue from selling ad space on my websites

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On 01 November 2013 at 09:09

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