Answer / haresh barot

when company incures any expenses(advertisment)and the
benefit from the adv. is availed for more than one year
then the remaining part of expenses is consider as an
asset. like 500000 exp. benefit 5 years. so, first year
exp. will be rs. 100000 only will be shown on p & l acc.
debit side and 400000 will be shown as fictitious asset on
asset side in balance sheet.

how will u check the account receivables and cash balances while doing audit

3 Answers   Price Waterhouse Coopers,

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Is materiality by fund balance or transactions?

1 Answers  

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plz tell me what is the rules of audit how we audit the a/cs book.

4 Answers  

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Expand---------PRB

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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,

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why you want be a qs

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Explain about cross functional audits?

0 Answers   Ernst Young, Thomson Reuters,

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There are 9 coins.Out of which one is odd one i.e weight is less or more.

1 Answers  

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How can scope of internal audit help you?

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Explain the different advantages and disadvantages of internal audit?

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internal audit

5 Answers  

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What is the Difference between Current Assets and Fixed Assets and how would you classified it

19 Answers   GET Engineering Construction,

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