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Audit in an Automated environment

Auditing

answered on 13-Nov-23 09:33

What is the difference between Internal Financial controls and Internal controls over financial reporting???

latest answer

Control over financial reporting basically is control over preparation and presentation of fin statements. For e.g account balances are correctly captured in trial balance and balance sheet. Financial controls are wider in scope

Neha Baliga

Neha Baliga

CA Inter

16K+

6

573

Salaries

Direct Taxation

answered on 14-Nov-23 17:58

Voluntary retirement compensation Here voluntary retirement compensation is applicable to employee of ANY company. Exemption under this section can be claimed only when the employee has completed 10 years of service or completed 40 years of age. Am I right sir

latest answer

Yes right.

Krishnan K

Krishnan K

CA Inter

5K+

1

384

General doubt

Others

answered on 11-Nov-23 14:31

Why in market generally stock price drops to the extent of dividends paid when company pays it div??

latest answer

That respective stock price raised(Cum dividend price) bcz of expectations towards dividend, after dividend payment stock price may drop (Ex dividend price) to the original

Dhakshana Dhakshana

Dhakshana Dhakshana

CFA L2

18K+

2

375

Auditor remuneration

Auditing

answered on 11-Nov-23 15:52

Can auditor do audit free of cost to company?

latest answer

Generally it is not recommended because it will make others perceive that's the auditors independence has been compromised.

C ANNBU PALANIAPPAN

C ANNBU PALANIAPPAN

CA Inter

5K+

3

415

Compiler Problem

Information Systems

answered on 11-Nov-23 16:28

Dear Sir/ Mam, Couldn't Access the EIS Compiler

latest answer

Try this

Jaya Shree

Jaya Shree

CA Inter

10

1

381

Max time period

Auditing

answered on 11-Nov-23 07:29

Is this provision still in applicability

latest answer

Not relevant now.

creative geek

creative geek

CA Final

10K+

1

406

SA530

Auditing

answered on 11-Nov-23 13:28

I don't know how to ask my doubt 🥹 But I'll try to ask; ¹) items in each stratum known as strata ²) items in each strata known as stratum Which one is correct?

latest answer

❤️ thanks, Btw How's your preparation for audit

SAI AKASH GORU

SAI AKASH GORU

CA Final

750

8

510

Subscription course

Others

answered on 11-Nov-23 15:59

Respected sir, Still when this subscription course offer will be available? I am planning to buy CA inter group-1 classes on December 2nd week.

latest answer

Atleast till Nov 30th.

Siranjeevi Chockeswaran

Siranjeevi Chockeswaran

CA Final

0

1

418

Time of supply

Indirect Taxation

answered on 10-Nov-23 19:39

Here even if any one of above three date is not available, we need to take date of entry in the books of account of recipient of supply as time of supply. Or we need to take that when all above 3 dates are not identified

latest answer

When all 3 dates are not identified

Krishnan K

Krishnan K

CA Inter

5K+

3

369

Consolidated PDF for FR Notes

Financial Reporting

answered on 10-Nov-23 14:50

Hi Sir Whether consolidated PDF is available for FR subjects in My course section ? I couldn't see any full pdf for FR inside my course Required Consolidated FR Notes PDF version Kindly help me to know whether this is available or not...

latest answer

Ok sir Thank you so much..

Barani Tharan

Barani Tharan

CA Final

112K+

2

358