Audit

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Ajay Dubey (Querist)
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20 September 2011 Dear Sir,

Pls. tell me defination of management audit & share issue of premium with example.

rejards

Ajay Dubey

CA. Vikash Dwivedi

CA. Vikash Dwivedi (Expert)
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21 September 2011 Dubey ji, Management Audit is the audit of decions taken by mgt. the persons in the mgt, efficiency of the mgt.

Issue of share at premium: mens issue of share at a price more than its face value. this happen when company's share are in demand. for eg. share with a face value of Rs. 10 issued at Rs.50. this means share issued at a premium of Rs.40.