CA Rajeev Bansal
18 February 2009 at 18:48

Compliance with the Accounting Standard

Clarification: For level II Enterprises, compliance with the mandatory.

Accounting Standard is must, Auditor while doing attest function must ensure
that all the applicable accounting standard should be compiled in the
presentation of general purpose financial statement of the enterprises.

Now, my quary is that, in case of Tax - Audit report issued u/s 44AB of
income tax act 1961, Wheather member has to see that all the applicable
accounting standard have compiled or not issued by ICAI.

Also, is there any professional misconduct in case member don\'t give due care with the compliance of Mandatory Accounting Standard in case of Level II Enterprises


SHANTANU SHARMA
18 February 2009 at 16:55

steps of audit

hello everybody,
i want to ask what are the genuine steps of audit, whether we should start with scrutiny or take it as a last part etc.


rohit goyal
18 February 2009 at 14:46

stock audit

Can anybody please give me the notification no. of rbi on stock audit of banks.or if you have the notification please mail me on goyal.star@yahoo.com as soon as possible


swarna lalitha
17 February 2009 at 18:15

Regarding Signing of Agreements

hi,
it will be helpful if some one educate me on the follwoing point.

there is a land development agreement between three parties. first party is the owner of the land, second party taken development rights and inturn passing it on to third party. the agreement is between three parties.
party two and three have a director in common, my doubt is, the person who is common director to party two and three can sign the agreement on belalf of both the parties or not. if he signs on behalf of both is it legally valid or not.


amit parihar
17 February 2009 at 16:45

removal of auditor

when an auditor is removed after the expiry of his term , a special notice has to be given to the company by a member. My question is as to who is this member, what is his importance in giving such notice, is he the authorised person,please elaborate about this person


RAJASEKHAR
17 February 2009 at 15:33

Time period

Hi sir/Madam,

In finding out the No.of Audits did by a CA,How we will count based on whether in a particular period or No.of Audits completed in a particular period Please give the Explanation to this

Thank u,


RAJASEKHAR
17 February 2009 at 15:29

Ceiling of Audits

Hi sir/Madam,

How many Maximun audits can accept by a Chartered Accountant ?


SUNEET V.MAHALE
17 February 2009 at 12:47

Max No. of Audits

Respected Sir/ Madam,

What is the maximum no. of Tax audits a Chartered accountant can accept. Does this maximum limit include both tax Audit under Income tax act & Vat audits under MVAT Act both inclusive or whether an auditor accepting 45 IT tax audits is eligible to accept another 45 Mvat Audits.

Thank You


SUNEET V.MAHALE
17 February 2009 at 12:45

no. of tax audits

Respected Sir/ Madam,

What is the maximum no. of Tax audits a Chartered accountant can accept. Does this maximum limit include both tax Audit under Income tax act & Vat audits under MVAT Act both inclusive or whether an auditor accepting 45 IT tax audits is eligible to accept another 45 Mvat Audits.

Thank You


shikha
16 February 2009 at 18:23

BAIT MONEY

what is BAIT money in relation to banks?