Why a company or firm should carry out the audit related work.


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More Audit Interview Questions

what is the marks of section officer interview

1 Answers   SSC,


Will it be fine if private Ltd Company do not follow depreciation rate as per The Companies Act,1956 & follow Depreciation Rates as per Income Tax. Also is it necessary to claim VAT Setoff on Asset Capitalised only after some percentage of retention.

1 Answers  


What is Esi ,Pf,and Payroll?

2 Answers  


While conducting an audit, the IS auditor detects the presence of a virus. What should be the IS auditor’s next step? a) Observe the response mechanism. b) Clear the virus from network. c) Inform appropriate personnel immediately. d) Ensure deletion of virus.

2 Answers   Hindustan Unilever Limited,


How to do ledger scrutiny of income items in a profit and loss account?

2 Answers   VWR International,






During the year a firm has received TDS of Rs.30 lakhs and out of this an amount of Rs.9 lakhs was adjusted against the taxes. However, in the balance sheet under the head assets,the firm shown Rs.30 lakhs towards TDS. Is it correct. In my openion, in the balance sheet, the assessee has to show only Rs.21 lakhs as asset in the balance sheet, after reducing the tax adjustemnt of Rs.9 lakhs. Pl. Clarify.

1 Answers  


what is the journal entry for this situation? and why? situation: Gratuity for this year TK1000000,which TK700000 shows in income statement and TK150000 will shown in next 2 year each.(this is a management decision)

1 Answers  


How to involve people in audit?

0 Answers  


internal checksystem

3 Answers  


What is your Strenth and waekness & why

1 Answers   Aloha Technology, Deloitte,


WHAT ARE THE DOCMENTS TO BE READY FOR THE F/YEAR END AUDIT

5 Answers  


What is non statutory audit?

0 Answers  


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