what all aspects r 2 b covered in finalisation of accounts in a statutory audits
CMA KNVV Sri Vidya - Sri Kanth
(C.A.Final (New) ICWAI FINAL (New))
(11269 Points)
Replied 27 February 2009
SAritha go through the articles section to know about statutory audit
CMA KNVV Sri Vidya - Sri Kanth
(C.A.Final (New) ICWAI FINAL (New))
(11269 Points)
Replied 27 February 2009
| Originally posted by :knvv sri vidya | ||
| " | SAritha go through the articles section to know about statutory audit |
" |
Saritha
provide ur mail id
i ll forward it o you
if uwere unable to find it in articles section then post ur mail
CA CS CIMA Prakash Somani
(Landmark Group)
(23502 Points)
Replied 27 February 2009
Its very simple process.
The checking start from b/sheet. Pick one item go backword and see how this amount is arrived at. usually breakup of B/sheet item is given under Schedule forming part therof and breakup of Schedules are given under Annexure forming part therof.
Finally traceout the individual line item randomly invoice wise.
Pleaselet me know in case you need furthwer knowleadge.
Landmark Judgments: Important Provisions of the EPF & ESI Act interpreted by the Honorable Supreme Court of India
CAclubindia
