ICICI

please help


RE.Vishresh (Accounts Executive)     11 October 2017

RE.Vishresh
Accounts Executive 
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Dear Sir/ Madam,

please give me a notes for checking accounts in before audit for turn over 3cr...


(Guest)

go anywhere rules for accounts same 

important is how much concepts of accounts and 

incometax clear with u that is infortant 

some of good arcticles on internal audit here

just read it understand it and then apply it 

 

 

 

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RE.Vishresh (Accounts Executive)     13 October 2017

RE.Vishresh
Accounts Executive 
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Thank you for the reply Sir...

Please explain one more sir

avater

V P Narasimhan (Accounts Manager)     08 November 2018

V P Narasimhan
Accounts Manager 
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It depends upon the nature of industry. Suppose if it;s a manufacturing unit you have to start from procurementof materials which includes Purchase activity to Product Completion stage viz., including Costing. It the Organisation has more & more Departments viz., Vendor development, Marketing, HR, Finance etc., each area has to be focused with the internation transactions ofeach depts.

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B.R.Vinod kumar (Accounts Manager)     13 November 2018

B.R.Vinod kumar
Accounts Manager 
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Hi vishresh,

Check list for before audit :

1. check the sales and purchase entry updated from april to march 31st..

2. Bank Reconciliation all banks.

3. cash book updation.

4.  then you got Receivable & Payable with aging. , get confirmation from vendore for high value.

5. Prepare the provision entry for march .

6. Close all statutory , month on month. & reconcilie with book vs return

7 . prepare FA register.

8. if your in manufacturing industry , prepare  closing stock &  semi finished goods also.

 i think almost you covered for audit ..

 

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priya verma   24 July 2019

priya verma

 42 points

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Originally posted by : Member (Account Deleted)
go anywhere rules for accounts same 

important is how much concepts of accounts and 

incometax clear with u that is infortant 

some of good arcticles on internal audit here

just read it understand it and then apply it 

 

 

 

 


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