Audit expenses

This query is : Resolved 

30 July 2014 food expenses incurred for statutory auditors , under which head this expense shall be booked? any separate disclosure is required? can it be booked under the head of staff welfare account?

30 July 2014 these are audit expenses.
a detail namely "out of pocket expenses" to be prepare for such expenses.

31 July 2014 when the food expenses are paid by the company then where shall be the expenses showed? If the company is showing the auditors food expenses in staff welfare account, is it right way of accounting?


31 July 2014 if this is specifically incurred for auditors food, showing it in staff welfare is not correct.



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