| Other Audit Interview Questions |
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|What is the most effective team you have ever been a part
|IS THERE ANY DISQUALIFICATION OF AN AUDITOR IF HE IS
INDEBTED TO A PARTNERSHIP FIRM AND PROPERIETOR???
|how many types of audit?
|I am managing a partnership firm which has a turnover of 50
lakhs in its first year business i.e 2008-09 and in
previous financial year 2009-10 it has only 27 lakhs turn
over. Please let me know when we have to file our IT
return. whether it is before 31st July 2010 or 30th
|Audit evidence obtained directly by the auditor will not be
A) the auditor lacks the qualifications to evaluate the
B) it is provided by the client's attorney.
C) the client denies its veracity.
D) it is impossible for the auditor to obtain additional
We want to know about Balance Sheet, and what is main need
for preparation of B/s
|assume we have taken a assest on 20/02/2010,then can we
charge depreciation for a whole finacial year?
|which of the following types of risks assumes an absence of
compensating controls in the area being reviewed?
|if bill has came for payment for car repair purpose in bill
they mentation total parts value is 21000 and labour 13000
with total of 34000 inthat on parts vat is include so we
have to deduct tds u/s 194c @2% on full amount of 34000 or
not(bill is single for whole 34000 purpose_
|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.
|what is the accounting entry for fictitious asset
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