MD salary
This query is : Resolved
16 July 2010
Can sum1 suggest me that what is to be checked in the audit, regarding the salary of the Managing Director in a Pvt Ltd company.
16 July 2010
in pvt. ltd. there is no need to disclosed CARO provisions
but for safe guard auditor should mention the salary and other exp. relating to MD on which he want to comment.
but for safe guard auditor should mention the salary and other exp. relating to MD on which he want to comment.
16 July 2010
Go for the Resolutions passed for approving MD's Salary Man.
See what constitues his salary ,
What sort of Perquisites he is allowed and what he is drawing actually.
Check the re-imbursements given to salary, any Foreign Trip, etc.
See Any disclosure given by him regarding his interest, Place of Profit U/S 314 of Companies Act if any.
See Any Relatives of him are any way interested in the affairs of the Company.
Check out AS 18 applicability and see last year balance sheet disclosures in the Audit Report.
See what constitues his salary ,
What sort of Perquisites he is allowed and what he is drawing actually.
Check the re-imbursements given to salary, any Foreign Trip, etc.
See Any disclosure given by him regarding his interest, Place of Profit U/S 314 of Companies Act if any.
See Any Relatives of him are any way interested in the affairs of the Company.
Check out AS 18 applicability and see last year balance sheet disclosures in the Audit Report.
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?
- REGARDING GST ON COMMERICIAL PROPERTY
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- GST on export of services and Input Credit
- ITC temporary reversal and reclaim
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- TDS U/S. 194NF
- Applicable TDS rate for sale of property in Nov 2024
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- Payment of bonus act - notice pay recovery
- MIS MATCH OF INVOICE NUMBER
- GST Regis.
- ITC c/f from FY2022-23 to FY2023-24 entered the same in table 8C of GSTR9 of FY 2022-23, in FY23-24
- Late filling fees Demand by gst office
- IGST Credit-Show cause notice issued-confusion
- Short and Excess provision of expenses
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
Trending Online Classes
CAclubindia
