ABHISHEK (Student) (412 Points)
19 January 2013while conducting audit, is there is any procedure to found the detail of all the bank accounts of private ltd co.
in other words, how to find no of bank accounts a private limited company have
Hitesh Khanna
(Accounting & Finance Taxation Company Law Audit )
(839 Points)
Replied 19 January 2013
1. Ask for Bank Statements and Go through them
Try to Spot out Transactions having Reference No. as "00000"
You will definately get Account no. against such rerence/ chq no.
Ask the Management to furnish the detail of the party concerned
2. While checking the vouchers, focus on the Account no. from which the payment is being made.
3. Also check those payments which have been adjusted into the books of Accounts by way of Journal Entries
ABHISHEK
(Student)
(412 Points)
Replied 19 January 2013
Dear Mr. Khanna...
i am asking for number of bank accounts.....not the account number
ABHISHEK
(Student)
(412 Points)
Replied 19 January 2013
i want to check whether the company have provided me bank statement of all the bank acounts or not
Hitesh Khanna
(Accounting & Finance Taxation Company Law Audit )
(839 Points)
Replied 19 January 2013
This is the only way you can check.
CAclubindia
