Audit of broker company
This query is : Resolved
06 August 2007
Dear sir,
sir can u give me some tips about HOW TO AUDIT OF A BROKER COMPANY WHICH DEALING IN SHARE & ETC
sir can u give me some tips about HOW TO AUDIT OF A BROKER COMPANY WHICH DEALING IN SHARE & ETC
07 August 2007
For Auditing a broker Co. you must :
1 Understand their system of accounting
2 Routine checking like Cash, Bank an dexpenses checking will be of some help.
3 Income mainly comprises of brokerage check the accrual.
4 Intra day trading and in case of client does not pay then sell of shares through auction by the Exchange.
1 Understand their system of accounting
2 Routine checking like Cash, Bank an dexpenses checking will be of some help.
3 Income mainly comprises of brokerage check the accrual.
4 Intra day trading and in case of client does not pay then sell of shares through auction by the Exchange.
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?
- ITC temporary reversal and reclaim
- Applicable TDS rate for sale of property in Nov 2024
- Inventory of finished goods
- Can we claim ITC of Feb-2024 in the month of November-2024 which was not claimed by oversight
- Tds on building rent monthly
- Quiery in relation to GST liability in case of an advocate who has obtained GST registration.
- RCM INVOICING FROM NOV-2024
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- Sale of property furniture sale
- TDS under section and rate of TDS
- GST input on scooter purchased
- TDS under section 194Q and TCS under section 206C
- GST input on car insurance and repairs
- GST input on Diwali gift to employee
- GST input on Mobile Handset
- Material and freight in same invoice
- TDS under section 194J inclusive of reimbursement of expenses
- TDS on Material and Labour in same invoice
- Should I be worried about and rectify reporting Jan,Feb ,March 2024 foreign salary in schedule FA?
Trending Online Classes
CAclubindia
