please let me know siginificant points to be taken into account for the audit of company which is dealing in shares?
1 Replies
chandu
(employee)
(27 Points)
Replied 11 December 2008
firstly check whether cetificate of CA is obtained as per SEBI recent circular.
Then wrt compliance of NSE, BSE & SEBI circulars
AML certificate
and internal controls of the soft ware f the broking firm.
check the soft ware on test check basis
randomly check for third party cheques in clients ledgers
contract notes dispatch
compliants register
dispatch of statement to clients
etc
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