How was the AUDIT today??

Page no : 2

SIDHARTH DHIR (senior articled assistant) (623 Points)
Replied 06 May 2010

not tough and not easy either....

people with good nerves handled it very well......

CA Ruben Balooni (Professionalism ™) (1324 Points)
Replied 06 May 2010

vaat laga di audit ne to

chetan jain (cj) (203 Points)
Replied 06 May 2010

"silent heart" absolutely right...!!! meri true false ne band baja diya.....!!!

Shrinaath Paravasthu (Articles) (62 Points)
Replied 06 May 2010

whats the answer for the question on disqualification Q No2(a)

(Guest)

meri true false ne band baja diya.....!!!

i can see tat its something sarcastic... mind translating eager to know

Shrinaath Paravasthu (Articles) (62 Points)
Replied 06 May 2010

38_pcc_audit_may2010.rar

(Guest)

answer is he is qualified to be an auditor because he has cleared his debt before his appointment

` 226(3) a person who is indebted to a company for an amount exceeding 1000 is not qualified.

chetan jain (cj) (203 Points)
Replied 06 May 2010

maine to ques 2 k liye qualified kara h...!!!

chetan jain (cj) (203 Points)
Replied 06 May 2010

koi batayega ki state financial corporation aur public financial corporation mai kya difference h???

CA Ruben Balooni (Professionalism ™) (1324 Points)
Replied 06 May 2010

Originally posted by : Ragav Manian
	answer is he is qualified to be an auditor because he has cleared his debt before his appointment ` 226(3) a person who is indebted to a company for an amount exceeding 1000 is not qualified.

yes you are rite :-)

(Guest)

No i don see a difference in them.... both mean the same as far as am concerned. Bcoz both or government cos.

Shrinaath Paravasthu (Articles) (62 Points)
Replied 06 May 2010

Section says "a person who is indebted to the company for an amount exceeding one thousand rupees, or who, has given any guarantee or provided any security in connection with the indebtedness of any third person to the company for an amount exceeding one thousand rupees;"

But does not say time . but he is appointed for 1.4.8-31.3.9 in which time he was indebted >1000.

though auditor term is only from an AGM to next AGM but period ends on 31.3.9 .

he does not begin the audit period from appointment date nor does it upto next agm .appointment is only for FY only

so he is disqualified

(Guest)

indebtness here means the present tense which he continues to be indebted.

but in this case he is not owing anything

chetan jain (cj) (203 Points)
Replied 06 May 2010

bhaiyon iska jawaab to mere khayal se kisi ca teacher k pass bhi nai hoga.... kyunki iske baare mai co's act mai specifically kuch nai likha h.......!!!!