What are the aspects to be looked at, in the audit of a software company which does software development work for foreign clients?
what are the general aspects to be looked at ?
srinivasbengalooru @ hotmail.com
2 Replies
Mayank
(Study)
(34 Points)
Replied 24 February 2008
Now-a-days software companies are very good profit making companies and they also have huge staff. So first of all we need to analyse their internal control system by vising personally whole staff so that we can decide whether we have to check everything out deeply or not? If we have to then we should first ask for various companies list with whom they are dealing. Basically software companies are very much famous in case of service tax. So U have to first read all the service tax cases related to these type of companies.
CHRIS
(Student CA IPC / IPCC)
(22 Points)
Replied 15 July 2014
Hi, I'm Chris Jose, can anyone help me find the key aspects to be kept in mind while doing the internal audit of a software company
Thank u in advance.
Recent Topics
- ITC reversal in GST 3B
- Claim if ITC on stocks 19-2020 conversion from com
- Urgent doubt on GST
- Profit or Loss on Sale of Assets Accounting treatm
- Clarification on RCM on Rent Payment for QRMP Deal
- Reclaimed itc in gstr9
- Gamification in Accounting Software: Boosting Enga
- I want to knw Hsn code and gst rate of resin produ
- Schedule FA clarification
- Income tax on freelance income from crypto
Related Threads
CAclubindia
