Nov 2011 ipcc paper urgent @ simple doubt

Q 6 b IPCC nov 2011

What are the types of audit required under law??????????

 

Please tell d names of such audits

Replies (13)

Hi Rahul

I have written Statutory Audit, Special Audit u/s 233 A and Cost Audit under section 233 B. 

i wrote

1 Tax Audit ( Sec 44AD)

2 SPECIAL AND COST ( Sec 233 A and 233 B)

3 Branch Sec 228)

 

What about Debtor Disclosure

What is the answer of ques 1 d.....is it sa -505
Sa 505 is 4 exterbal confirmation. Ya it is a point. U will have to answer many other points of verification like auditor has to check person authorized to issue cheque accounting for bank transactions etc ...........
Originally posted by : harshvardhan
What is the answer of ques 1 d.....is it sa -505

arre what if there is wrong SA quoted........?


 

I wrote debtors disclosure as

: debts exceeding 6 months

: other debts

 

Originally posted by : sreekanth.b.k


I wrote debtors disclosure as

: debts exceeding 6 months

: other debts

 me too is it correct .......?

 


I don't understand why you people discuss in exam time.

Don't discuss yar atleaset let the exam get over then you can discuss....

Wrong quoting of SA will not provide marks, u write SA if u r 100% sure only.......

Best of LUCK to all u guys for IT & SM, GOOD NIGHT...........

why case study is not given in paper it is just like a b com level paper.

pls reply

papper kya set kiya tha bhai

small and short answer ko kitna bada karega

Hi Priyanshu,

The paper did not have any case study because ICAI had informed of this change well in advance. But, I agree that the paper looked like a b.com paper.

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