required for audit
SUMIT R. DUBEY (ACCOUNT EXECUTIVE) (46 Points)
02 September 2018
what is required for audit and what does check in audit of company and firm.
SUMIT R. DUBEY (ACCOUNT EXECUTIVE) (46 Points)
02 September 2018
Pranjali
(intern)
(2216 Points)
Replied 05 September 2018
Basically, your books of accounts. An auditor needs to make sure that your accounts and the financial performance of the company has been presented in a fair and accurate manner. There's absolutely no limits to what an auditor might ask you to provide. At any given time, they can ask for specific accounts, books prepared by your internal auditor. They might alsi visit your inventory etc. Basically, you might be required to explain your business in and out and until, they're convinced that there's no window dressing and the performance of the company is exactly as is represented in the books. You can be asked to explain whatever he asks you.
suresh.m
(ca-ipcc)
(4 Points)
Replied 06 September 2018
LIVE Course on Foreign Exchange Management Act (FEMA)(with recording)
LIVE Form 10 B and Form 10BB: Handle Tax Audit Reports of Charitable Organizations(with recording)
CAclubindia
