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Govt audit

Auditing

answered on 17-Dec-20 16:10

Supplementary audit vs test audit i m confused

latest answer

Surbhi Bansal maam

Rakesh Prabhu

Rakesh Prabhu

CA Final

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3

672

ADT-1

Auditing

answered on 03-Dec-20 09:30

Upon appointing an auditor, the company should intimate the same to the Registrar of companies within 15 days. Is this applicable for both government as well as other than Government companies? If not, what is the case of government companies? I.e. how many days? Which form? Whom to intimate - CG/CAG/ROC?

latest answer

All companies. Intimation to ROC.

Kumarjit Dey

Kumarjit Dey

CA Inter

4K+

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578

Effect of right of lien

Corporate & Other Laws

answered on 03-Dec-20 09:31

Does exercising right of lien amounts to rescinding the contract by the seller?

latest answer

NO.

Aman Mahajan

Aman Mahajan

CA Final

19K+

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575

IC evalutaion

Auditing

answered on 03-Dec-20 10:12

Is done as part of RAP (Risk assessment procedures). Which means The narrative record or check list or IC questionnaire or flow chart is done/prepared during this stage. Right?

latest answer

Okay. Yes,

Kumarjit Dey

Kumarjit Dey

CA Inter

4K+

2

676

approaches and methods of sampling

Auditing

answered on 02-Dec-20 19:40

In ICAI material it says Haphazard sampling is not appropriate when using statistical sampling. Block sampling has a close similarity with non-statistical sampling. Hence, hence above two statements it is certain that if audiror's approach to sampling is non-statistical, he could use either of the two methods. So does that mean/imply that the remaining 3 sampling methods - either of Random Sampling, Interval and Monetary Unit sampling methods would be selected by auditor if he chooses statistcal approach?

latest answer

Good to confirm.

Kumarjit Dey

Kumarjit Dey

CA Inter

4K+

2

708

Wont sec 144 apply here?

Auditing

answered on 03-Dec-20 09:31

As per sec 144, auditor should not provide accounting and book keeping services. Then how is this question valid? Pfa

latest answer

Question is about how should the auditor deal with it. How should it be discussed with TCWG

Kumarjit Dey

Kumarjit Dey

CA Inter

4K+

3

655

Right of lein

Corporate & Other Laws

answered on 03-Dec-20 09:32

The unpaid seller of goods, having a lien thereon on, does not lose his lien by reason only that he has obtained a decree for the price of goods. Explain this. And what's a Decree?

latest answer

Decree means an order of court..

Aman Mahajan

Aman Mahajan

CA Final

19K+

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701

Costing

Costing

answered on 26-Feb-21 10:37

Does anyone have solutions for costing paper nov 2020

latest answer

Are you asking solutions for nov 2020exam question paper ?

Sri Varshini

Sri Varshini

CA Inter

575

1

617

Depreciation

Accountancy

answered on 02-Dec-20 15:44

Sir.... In annuity method depreciation... Why we are debit-ing the interest account? What is the story behind? Please explain.....sir?

latest answer

Ok sir

Girinath A

Girinath A

CA Inter

765

2

709

Tolerable error

Auditing

answered on 02-Dec-20 14:40

Required clarity on what is a tolerable error

latest answer

The level of error which is acceptable.

Rakesh Prabhu

Rakesh Prabhu

CA Final

2K+

1

675