hi,
I hv read in audit book about a firm having all partners as CAs(1949)& practising in India, in this case auditing may be done by partners under the firm name So, my ? is that " is partner of that firm can do auditing individually without under the firm's name?

Please detail the Section under which DEFINATION OF PROFESSIONALS is mentioned for the Purpose of Audit .

Is a Placement Consultant & Management Consultant whose TDS is being deducted under Professional & Technical Services liable to get his accounts audited in case the turnover is above Rs10,00,000.00

What is a Body Corporate?

The Company do not have enoguh authorised capital and received money in advance against share capital. Whether we need to qulaify the auditors' report or disclosure in notes is sufficient.

Can any one tell me how to study audit , law , MICS (self) for CA Final

in case of a asseessee who is a event management company (status) proprietory concern whether tax audit limit should be 40 lakhs turnover or 10 lakhs (receipts)

A person enters in to business on 1st June,2007 for trading in shares and futures in NSE.
He incurred loss in shares Rs.3000 and in future Rs.12000.
His total turnover is around Rs.60,00,000
Is he liable to audit his account?
Other details are as follow:
Individual
Age 20
Male
Shares turnover Rs.8,00,000
Future turnover Rs.52,00,000
(Future turnover includes Buy and sell of Nifty 10 times only)

The company does not enough authorised capital and received advance aganist share capital. In such case what auditor should do 1. whether the auditors' report to be qualified or
2. attention be drawn by mentioning in notes or
3. disclosure in notes is sufficient.

In the movie "Jane tu Ya Jane na",a Chartered Accountant firm has disclosed the firm name when all the names of directors,producers,actors are disclosed at the start of movie.Is this violation of Clause 7 of Part I of First Schedule.

ICAI has come up with AS 30/31/32 which follows IAS 39. As per the standard there is no material difference between AS 30/31/32 and IAS 39.
Q. So, is it an exact copy-cat of IAS 39 or there are some changes to take care of Indian Scenario?
Q. When it is said, there are no material deifference, is there still some difference between IAS 39 & AS 30/31/32?

Many thanks
Vikash Rajgaria