Internal Audit Engagement Letter


68th Annual Report and Audited Accounts of ICAI for 2016-17

ANNOUNCEMENT Sub 68th Annual Report and Audited Accounts of the Institute for the year 2016 17 The 68th Annual Report and Audited Accounts of the Institute for the year ended 31st March 2017 have been published in Part III Section 4 of the Gazette of India Extraordinary dated 29th September 2017 Cli

ICAI demands CA Certificate be treated at par with Graduate and Post Graduate Degree

Demands CA Intermediate as graduation degree and final qualification at par with post graduation degree New Delhi 9th October 2017 The Institute of Chartered Accountants of India ICAI has recently written a letter to the Ministry of Corporate Affairs Government of India seeking its intervention in d

Facility for exporters to furnish Letter of Undertaking instead of bonds

Small exporters have brought to the notice of the Government the difficulties in furnishing bond with requisite bank guarantee To facilitate exports under GST it has been decided that the facility of furnishing Letter of Undertaking in place of a bond for exporting goods or services or both shall be

CBDT extends date for Linking of Aadhaar with PAN to 31st December

CBDT extends date for a Linking of Aadhaar with PAN and b Due date for filing Income Tax Returns and Tax Audit Reports To facilitate ease of compliance by the taxpayers CBDT has extended the date in the following cases i Aadhaar was to be linked with PAN by 31stAugust 2017 The date for linking Aadha

Audit due date extended to 31st October 2017

F No 225 270 2017 ITA II Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes North Block ITA II Division New Delhi dated the 31st of August 2017 Order under Section 119 of the Income tax Act 1961 Act The Goods and Services Tax GST has come into effect on 01 07

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Experts Opinions

Internal rate of return

I am trying to calculate IRR But error is coming Any one can guide Year Cash Flow 0 450000 1 50000 2 50000 3 50000 4 50000 5 50000 5 50000 7 50000 8 50000 9 50000 10 50000 11 0 12 0 13 450000 IRR DIV 0

Accounting treatment of internal consumption of diesel

Dear Experts I am working in a petrol bunk we have a depot and several petrol bunks we use our own trucks tankers for the transportation of petrol diesel from our suppliers to depot and also from depot to petrol bunks and to the whole sale customers depots For these trucks we use diesel from our own

Tax audit

If Turn over is less than one Crore there is loss in Partnership firm Is audit required

Format of letter to employer for not seeking ppf

If anyone can help me with a format of letter to my employer for not seeking any PPF deductions from the salary

Tax Audit

I am right now working as Accountant in manufaturing company and planned to do CMA my quirey is after CMA can i do Tax audit of company Please do the needful


audit for registered society

a registered body of a number of individuals doing function of a temple collecting deposit from public without profit motive is there any pan card mandatory for the society audit mandatory for registered society under which section of file it return exemption limit of tax due


Sir madam In charitable trust cost accountant give audit report It is acceptable in income tax

ca final audit

is there any difference between audit partner and engagement partner

ca final audit

whether we have to issue a separate engagement letter for tax audit if we are doing statutory audit for the same and also tell me what is in case if it is an internal audit

tax Audit

How to audit tax

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How Letter of Credit Works

Any person involved in the trade is familiar with the term Letter of credit Letter of credit in general term is an assurance given to remit the amount to the seller through seller s bank by the buyer s bank on maturity as per the terms and agreement of agreement between the parties It is a letter fr

Relaxed procedure for submission of Letter of Undertaking / Bond for export

Introduction In this article we shall be discussing about revised consolidated procedure for submission of letter of undertaking Bond for export without payment of IGST Central Govt vide its circular no 8 2017 dated 04 10 2017 has revised relaxed and consolidated the procedure for submission of lett

Tax audit not applicable for Turnover less than 1 crore

Section 44 of Income Tax Act 1961 essentially deals with sections related to audit presumptive taxation and special provisions related to computation of income for business purpose Till FY 2015 16 eligible assesses having turnover less than Rs 1cr and net profit less than 8 cannot were not allowed t

Cost records and Cost audit under companies act, 2013

The Cost Audit represents the verification of cost accounts and a check on the adherence of Cost Accounting Standards The Companies Act 2013 empowers the Central Government CG to make rules in the areas of maintenance of cost records by the companies engaged in specified industries manufacturing of

Tax Audit (Sec 44AB) limit for Business is 1 Crore or 2 Crore?

What is Audit Audit means an inspection of books of accounts by some officials or some specified persons for the purpose of establishing the fact that the accounting records present a true and fair view Types of Audit There are two types of audit namely Statutory audit and Tax audit What is Statutor

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Updated on : 10/21/2017 2:01:16 AM

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