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Modified or qualified opinion

Auditing

answered on 24-Nov-20 15:24

Are they same Pls explain

latest answer

Thank you

Sajan Gangadharan

Sajan Gangadharan

CA Final

9K+

4

748

Death of partner

Accountancy

answered on 24-Nov-20 11:34

If profit sharing ratio is not mentioned what should we do?

latest answer

Ohh thank you for the reply

Sampath B

Sampath B

CA Final

21K+

2

571

LLP

Corporate & Other Laws

answered on 25-Nov-20 18:27

Can u please explain the characteristics of LLP ----COMPROMISE OR ARRANGEMENT ....

latest answer

Ok thank you

Amisha Mahajan

Amisha Mahajan

CA Foundation

2K+

4

625

What Report is being talked about here?

Auditing

answered on 24-Nov-20 15:57

"If the auditor concludes that there is reasonable justification to change the engagement and if the audit work performed complied with the SAs applicable to the changed environment, the report issued would be appropriate for the revised terms of engagement. In order to avoid confusion, the report would not include reference to the original engagement." Audit Report?

latest answer

Yes

Kumarjit Dey

Kumarjit Dey

CA Inter

4K+

1

631

Audit committee aplicability

Auditing

answered on 25-Nov-20 11:44

In the icai charts for public deposits or borrowings >50 cr they mentioned but while explaining they said 50cr or more. See the image of icai book. Even in indigo learn notes they mentioned > 50cr. Which one to follow

latest answer

Incorrectly explained.

HARISH NANDURI

HARISH NANDURI

CA Inter

510

6

665

Do we HAVE to write note numbers in this sequence in Consol P&L?

Accountancy

answered on 24-Nov-20 06:14

I mean 1, then 3, then 2. like that?

latest answer

You can have your own note number. Depreciation expense is fine.

Kumarjit Dey

Kumarjit Dey

CA Inter

4K+

3

635

Taxation of trust

Direct Taxation

answered on 24-Nov-20 06:22

Please explain why depreciation and capital expenditure is not taken for application of income of trust to claim exemption u/s 11

latest answer

It is taken for application of income based on supreme court judgement.

Subi V

Subi V

CA Final

2K+

1

674

MCQ Doubt

Auditing

answered on 24-Nov-20 15:53

External Auditor may or may not agree to internal auditor's work. So why is he required to agree. The answer should be True. Why does it say False.

latest answer

SA 610 recommends that external auditor and internal auditor to agree on materiality. So if the question asks "external auditor is not required to agree", then it will be false..... because though it states "useful to agree" the SA is recommendatory for all auditors .

Kaveesh Sethi

Kaveesh Sethi

CA Inter

2K+

4

775

SA 700 MCQ Doubt

Auditing

answered on 27-Nov-20 15:36

Diff between unmodified and unqualified opinion. One is *clean opinion* and the other is *modified* clean opinion with emphasis of matter paragraph. If you could please elaborate this more or explain in detail.

latest answer

Yes.

Kaveesh Sethi

Kaveesh Sethi

CA Inter

2K+

3

657

Steps for solving this problem

Maths & Stats

answered on 27-Nov-20 17:15

?????? How to solve this sir

latest answer

PV annuity

Roshan Zameer

Roshan Zameer

ACCA Professional

24K+

2

719