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How to prepare for Auditing

Auditing

answered on 06-Apr-21 11:16

Whether Indigo learn lecture, Notes, RTP and MTP is enough or need to go through Study material?

latest answer

Yes. Classes, notes of indigo learn, RTP, MTP are enough for your preparation.

Jeevitha

Jeevitha

CA Final

0

1

724

IFOS...sec56(2)(viib)

Direct Taxation

answered on 05-Apr-21 14:51

is the provision like consideration for issue of share is received by venture capital undertaking from venture capital company and by company from any other class of classes of person as notified by the central government for this purpose.... is this provision is relevant for CA inter??

latest answer

These exceptions to Sec 56(2)(viib) with respect to Venture capital undertaking and notified class of companies shall be dealt at CA final level

Bharadwaj V

Bharadwaj V

CA Inter

15

3

668

SA 210

Auditing

answered on 08-Apr-21 10:05

Is the engagement letter, the agreement between - Auditor and management (Or) - Auditor and client ?

latest answer

yes

Girinath A

Girinath A

CA Inter

765

4

667

Query

Corporate & Other Laws

answered on 04-Apr-21 16:48

In video , ma'am said money doesn't include old coins .but in the book ,it says it includes .which s correct

latest answer

My suggestion for you is follow the books like icai materials or Indigolearn material. Other books may confuse you by misprinting .

Reetikaa R

Reetikaa R

CA Final

7K+

5

689

Contact of Indemnity

Corporate & Other Laws

answered on 05-Apr-21 11:42

In the given example who is indemnifier and indemnified?

latest answer

Thankyou sir

Sreelakshmi P V

Sreelakshmi P V

CA Final

7K+

2

602

IT Sections.

Direct Taxation

answered on 06-Apr-21 15:15

269SS, 269ST, 269SST, 40(A)(3) Are these IT sections applicable for the personal nature of expenses?

latest answer

Okei..Mam..thank u

Balamurali Unnithan M S

Balamurali Unnithan M S

CA Inter

3K+

7

600

SA 230

Auditing

answered on 05-Apr-21 10:25

Please explain about audit report and audit documentation

latest answer

Audit documentation provides evidence of auditor's basis of conclusion about the achievement of overall objectives of the auditor. In general, this documentation is the evidence that the audit was performed as per the standards of auditing. On the other hand, audit report is an opinion of the auditor regarding financial statements which will be given to the owners of the organisation.

Rithani R.C

Rithani R.C

CA Inter

4K+

1

631

Contract of indemnity

Corporate & Other Laws

answered on 05-Apr-21 10:57

In the given example who is indemnifier and indemnified?

latest answer

Indemnifier - Mr. X i.e. party who promises to indemnify Indemnified - Govt. of India i.e. party who is promised to be saved against the loss

Sreelakshmi P V

Sreelakshmi P V

CA Final

7K+

2

682

Formation of contract of sale

Corporate & Other Laws

answered on 05-Apr-21 11:11

When price of goods to be fixed by a valuer , if he refuses to fix ,the contract s void . My doubt is why can't we go to another valuer??? Is the person also fixed in the contract??

latest answer

They can, depend on the terms of contract.

Reetikaa R

Reetikaa R

CA Final

7K+

1

606

Provision vs. Analysis

Corporate & Other Laws

answered on 05-Apr-21 10:52

In every section, there r provision n analysis .. but I find analysis easier to understand. Can I write only analysis in exam ???

latest answer

Exact definition need not be replicated. You can state the provision in your own words which is nothing but analysis, making sure key words are duly mentioned. And mention section no., if you remember correctly.

Reetikaa R

Reetikaa R

CA Final

7K+

4

637