Internal Audit of a flat construction company

CMA Arif Farooqui (Cost Accountant) (4798 Points)

24 May 2010  

i have  meeting with Directors of a private Ltd comapny (Real Estate). Company was incorporated in way back 2007 but now it going to start  Apartment Construction as it has fullfill/acquried all nessery approvel from Local development Authority.

my question is ,,,

what steps/procedure i have to take while doing Internel Audit of this company?

what are Statutory obligation it has to follow? (Ex. Service Tax, PF,ESI, TDS )

regards