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Stat audit

Auditing

answered on 03-Feb-23 11:44

What does stat audit exactly mean..I dont understand..as they say it's mandatory under law..I find only companies need to audit compulsarily..can anyone please help me with this??

latest answer

In simple terms a statutory audit is an independent assessment of the financial accounts of a company or institution. The auditor's role is to report on whether the financial statements issued by an organisation are 'true and fair', and meet all relevant guidelines or legal requirements.

vasabattula abhinav

vasabattula abhinav

CA Final

★ 85

9

694

Ratios

Financial Management

answered on 11-Aug-21 10:30

Can I get to know what is meant by COMMON STOCK in the equity and liability side of the B/S

latest answer

Stock which gives ownership rights to holders is common stock, nothing but equity share capital. And it doesn't include retained earnings and equity bought back

lithish kumar

lithish kumar

CA Final

★ 3K+

1

619

Doubt

Indirect Taxation

answered on 11-Aug-21 10:48

Is minor agricultural produce is an agricultural produce??

latest answer

Thank you for the clarification

Sri kanaga Varshini

Sri kanaga Varshini

CA Final

★ 3K+

3

627

Compulsory Articleship ?

Others

answered on 11-Aug-21 13:13

Sir how many months of articleship training is mandatory for attend Exam, for Direct entry students?

latest answer

Students availing the benefit of the direct entry scheme, they first have to complete minimum 9 months of articleship training before being eligible to appear for exams.

Mahantesh Biradar

Mahantesh Biradar

CMA Final

★ 15K+

3

644

Coupons

Others

answered on 11-Aug-21 14:13

Any coupons for me to buy courses

latest answer

Sir thank you Yesterday I already had My course has being activated

Rohith Sharma

Rohith Sharma

CMA Inter

★ 5

2

719

course expiration

Others

answered on 10-Aug-21 18:07

i actually enrolled for nov 21 exams.........whtn will my classes get expire.......is it december 20 or by november end

latest answer

Thank you sir

jsome jsome

jsome jsome

CA Inter

★ 575

3

607

Computing Esi,Pf

Direct Taxation

answered on 10-Aug-21 14:51

While calculating ESI PF. What to be considered?? 1.basic salary 2.basic salary + bonus+ overtime On what we need to deduct??

latest answer

Thanks ð???

vasabattula abhinav

vasabattula abhinav

CA Final

★ 85

2

713

Doubt during registration

Others

answered on 10-Aug-21 10:20

How am i suppose to update my marks on website of icai it says fill marks obtained and maximum marks , I am a bit confused should i put maxium marks 500 (best 5) or 600 (all subjects)

latest answer

Ok thanks sir much appreciated.

Kasif Aftab

Kasif Aftab

CA Foundation

★ 0

7

678

Entry for income from family members in books

Accountancy

answered on 10-Aug-21 14:27

If we receive any amount from daughter.. what entry we pass in our books..credited in bank statement..what entry it shall be??

latest answer

Okay.. thanks a lot

vasabattula abhinav

vasabattula abhinav

CA Final

★ 85

4

637

Capital expenditure vs Revenue expenditure

Accountancy

answered on 10-Aug-21 10:02

Can anyone explain me this as I always have an different opinion based on situation..about capital exp and revenue exp...where sometimes we incurred exp on capital exp..does amount of money incurred matters??(if it's rs..200..rs..1000) ex: battery to a car generally its capital in nature if amount is nominal whether to capitalise or book as expense???

latest answer

Thank youð???ð???

vasabattula abhinav

vasabattula abhinav

CA Final

★ 85

4

1K+