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Nov 2011 ipcc paper urgent @ simple doubt

Rahul (Chartered Accountnat CS) (1580 Points)

14 November 2011

Q 6 b IPCC nov 2011

What are the types of audit required under law??????????

Please tell d names of such audits

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13 Replies

v@m$h! (CA - Final and CS - Final) (1473 Points)
Replied 14 November 2011

Hi Rahul

I have written Statutory Audit, Special Audit u/s 233 A and Cost Audit under section 233 B.

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Rahul (Chartered Accountnat CS) (1580 Points)
Replied 14 November 2011

i wrote

1 Tax Audit ( Sec 44AD)

2 SPECIAL AND COST ( Sec 233 A and 233 B)

3 Branch Sec 228)

What about Debtor Disclosure

Kamal (article) (165 Points)
Replied 14 November 2011

What is the answer of ques 1 d.....is it sa -505

Rahul (Chartered Accountnat CS) (1580 Points)
Replied 14 November 2011

Sa 505 is 4 exterbal confirmation. Ya it is a point. U will have to answer many other points of verification like auditor has to check person authorized to issue cheque accounting for bank transactions etc ...........

CA GORAKH SHIVAJI INGALE (Chartered Accountant) (37 Points)
Replied 14 November 2011

Originally posted by : harshvardhan
	What is the answer of ques 1 d.....is it sa -505

arre what if there is wrong SA quoted........?

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SREEKANTH (ICWA FINAL ) (25 Points)
Replied 14 November 2011

I wrote debtors disclosure as

: debts exceeding 6 months

: other debts

CA GORAKH SHIVAJI INGALE (Chartered Accountant) (37 Points)
Replied 14 November 2011

Originally posted by : sreekanth.b.k

I wrote debtors disclosure as

: debts exceeding 6 months

: other debts

me too is it correct .......?

CS RAJESH C.CHOUDHARY (ASSISTANT MANAGER) (14607 Points)
Replied 14 November 2011

I don't understand why you people discuss in exam time.

Don't discuss yar atleaset let the exam get over then you can discuss....

SREEKANTH (ICWA FINAL ) (25 Points)
Replied 14 November 2011

Wrong quoting of SA will not provide marks, u write SA if u r 100% sure only.......

SREEKANTH (ICWA FINAL ) (25 Points)
Replied 14 November 2011

Best of LUCK to all u guys for IT & SM, GOOD NIGHT...........

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priyanshu gupta (article) (60 Points)
Replied 15 November 2011

why case study is not given in paper it is just like a b com level paper.

pls reply

pramit kumar gupta (nil) (21 Points)
Replied 15 November 2011

papper kya set kiya tha bhai

small and short answer ko kitna bada karega

Rahul Agarwal (Chartered Accountant) (213 Points)
Replied 07 December 2011

Hi Priyanshu,

The paper did not have any case study because ICAI had informed of this change well in advance. But, I agree that the paper looked like a b.com paper.