How was the AUDIT today??

not tough and not easy either....

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

vaat laga di audit ne to

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

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

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

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

38_pcc_audit_may2010.rar

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.

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

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

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 :-)

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

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

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

but in this case he is not owing anything

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.......!!!!

r u telling that if i'm indebted at begin of year and pays my debt at end of year,i'll not be disqualified .since indebtness means "PRESENT TENSE"