Auditing question" how to answer such question"

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Dear Frnds,

Please guide how to answer such kind of questions.....?

 

Thanks

Pooja


Attached File : 42 audit ceiling quuestion.doc downloaded: 174 times
Replies (4)

i think your question is incomplete ....

please give me the exact detail so that i will be able to give answer.

ANSWER OF (C)  POINT  IS

LAXMAN has given guarantee for

the same. Laxman CAN'T  be appointed as statutory auditor of H Ltd.   BECAUSE   U/S 224   DISQUALIFICATION OF AUDITOR ATTRACT WITH HIM  I.E  IE ANY AUDITOR HAVE BEEN IN DEBT EXCEEDS OF RS 1000.IT CAN'T BE AUDITOR OF THAT CO. SO  IT CAN'T BE AUDITOR OK .

 

 POOOOOOOOOOO UR B. POINT QUESTION HAS NO  SENSE  IT  IS A WRONG QUESTION.

 

Dear Arvind, my question is complete as the same is asked in June 2007 CWA. https://www.futureaccountant.com/exam-question-previous-papers/cwa-icwa-inter-stage-ii/auditing-june-2007.php Hi Sudhir DISQUALIFICATION how? for (c) point... bcoz H is a parent company and S ltd is subsidary company and Ram ows S Ltd Rs 10000/- HOWEVER LAXMAN is a guarentor he is not in debt so he can b appointed as an auditor...is'nt he!!! Correct me if I m going wrong.....

Hmmmmmm............... why you want us to download that file, when you can copy paste that question here?

Please write it here, so that we can see what's the matter.

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