Audit
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
12 May 2013
statutory Audit is going to be started in my company. I am newly employed in a compny & will be for the first time handling the auditors.
can anyone please tell me what arrangements should be made by me.
do i need to make audit file in which i need to file all documents, or different file is mainted for different items in company shall leave it like that only.
what particulars things does auditors demand and what things i should keep in mind & ready.
please expert revert back.
can anyone please tell me what arrangements should be made by me.
do i need to make audit file in which i need to file all documents, or different file is mainted for different items in company shall leave it like that only.
what particulars things does auditors demand and what things i should keep in mind & ready.
please expert revert back.
15 May 2013
U need not take tension...
Auditors are just for checking the mistakes done in the accounting and finding frauds.
U need to get your data updated till 31st march 13, all purchase registers sales registers in order, excise duty returns, income tax returns set accordingly year wise or monthwise as the case may be
Auditors are just for checking the mistakes done in the accounting and finding frauds.
U need to get your data updated till 31st march 13, all purchase registers sales registers in order, excise duty returns, income tax returns set accordingly year wise or monthwise as the case may be
Querist : Anonymous
Querist :
Anonymous
(Querist)
16 May 2013
for audit purposes which is going to be started in my company by monday-for bank loan taken & bank balance do i need to arrange for any balance confirmation certificate & do i get this from bank for both loan & current account balances.
can anyone send me the format of the letter to be send for asking for balance confirmation certificate.
can anyone send me the format of the letter to be send for asking for balance confirmation certificate.
25 June 2013
In case of statutory audit you have to take into consideration all the statutory points. First you must see whether your appointment is in order or not then the fee has been finalised or not. Then you see that all the required books have been maintained properly or not and the transactions are recorded properly or not and all other things which Deepali has suggested.
You are also required to see whether proper BOD meeting and statutory deeming has been held or not. In addition to this you should also see the BRS and other documents. If I explain you every thing then it will take my whole day and minths.
You are also required to see whether proper BOD meeting and statutory deeming has been held or not. In addition to this you should also see the BRS and other documents. If I explain you every thing then it will take my whole day and minths.
25 June 2013
In case of statutory audit you have to take into consideration all the statutory points. First you must see whether your appointment is in order or not then the fee has been finalised or not. Then you see that all the required books have been maintained properly or not and the transactions are recorded properly or not and all other things which Deepali has suggested.
You are also required to see whether proper BOD meeting and statutory deeming has been held or not. In addition to this you should also see the BRS and other documents. If I explain you every thing then it will take my whole day and months.
You are also required to see whether proper BOD meeting and statutory deeming has been held or not. In addition to this you should also see the BRS and other documents. If I explain you every thing then it will take my whole day and months.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- REGARDING GST ON COMMERICIAL PROPERTY
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- TDS U/S. 194NF
- ITC temporary reversal and reclaim
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- GST on export of services and Input Credit
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- Applicable TDS rate for sale of property in Nov 2024
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- MIS MATCH OF INVOICE NUMBER
- VERIFICATION OF REFUND RELATED
- GST Regis.
- ITC c/f from FY2022-23 to FY2023-24 entered the same in table 8C of GSTR9 of FY 2022-23, in FY23-24
- Late filling fees Demand by gst office
- IGST Credit-Show cause notice issued-confusion
- Short and Excess provision of expenses
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
Trending Online Classes
CAclubindia
