can an Auditor take advance payment of his statutory audit fees?

If yes wouldn't he activates provisions of section 226(3)?...

Hi,

can anybody send me softcopy of the audit report which can be given to US auditor to consolidate Indian financials with US financials of the US based co. (its ok if it is of any other co.)

Its urgent guys.. plz..

Nazir

Can any body tell me what are the implications and recommendations on the following matters.

1. On official duty slip in the Row of Purpose it is only written official, but that is not sufficient, Official duty slip is maintained by Gate keeper of company when any person goes out of the company premises for any official work.

2. In Salary Register the details are not filled up properly for e.g No of Days worked and Leave availed

3. Difference in Salary Register.

4. Company has maintained multiple attendance records and all records do not reconcile with each other.

5.Tax computations of employees were not available and on Tax has been deducted.

6. The difference in no. of employees between PF Return and Salary Register.

7. No Policy for Staff Imprest and Staff Advance has been framed by the company.

Is voucher and bill the same?

Should i attach the print out of the entry passed by me in an accounting software say tally, and attache it to the bills.

Or bills itself is a voucher?

Thanks in advance

Jaison

Suppose I have to do a Statutory audit of a company then what are the procedure or process i have to take to complete this task.Reply as soon as possible.also in case of tax audit.

Hello,
we have a subsidiary compnay in free trade zone at UAE. what are the requirements for annual accounts and audit of subsidiary company as per UAE and its incorporation in indian parent compnay as per indian company law.

My friend tells me that PAN no should be compulsorily qouted if we remit above Rs. 49,999/- in cash to our SB Accounts . Is it so?

If yes, Can u tell me the source of such rule( i mean whether it is compulsory as per ITR Rule or RBI Guidelines or Circulars)

The main business of the company is making members by accepting subsciption under any sheme of Rs. 5000,or 10000 or 150000 against which one suitlength (One Pent Pc.) say of Rs. 250 is given by the Co.and instruct them to prepare down chain link of three member under them. Co. gives commission to initial member and further commission when down chain link is completed by initial members.
My Questions are :
1.Whether the nature of activity being carried out is legal or contravenes any statutory laws in India. As according to me this is neither trading nor any service providing activity.
2. If it is legal, what should be the Object in the memorandum of assocation ?
3. What should be the appropriate accounting treatment for such transactions ?
4. How the huge amount of profit earned by the Company is absorbed ?
Pl. guide us on the above mentioned matters.
Thnaking You.
Mukesh Tiwari.

If financial statements are audited and need to be revised can it be done?
If yes when?
How would the whole process take place?
What happens if shareholders have accepted the statements?
What if the financial statements are revised before the shareholders AGM?
When does this amount to reinstatement of accounts?

pls giv checklist of airline agent who books domestic and international tickets and also books tour packages