File Details:

Questions:

1. What is the specified date under Tax Audit related to the relevant assessment year?
2. Who can perform as a Tax Auditor?
3. What is the ceiling on the number of tax audits a tax auditor can take in a financial year?
4. Describe the useful life of patents according to AS-26.
5. Which reserves can be utilized to distribute dividends among shareholders?
6. What is capital profit? How can it be utilized?
7. Explain the concept of compensating errors in accounting.
8. Under which section of the Companies Act is the remuneration of the auditor discussed?
9. How is the appointment of an auditor made in partnership businesses?
10. What constitutes liability for negligence or misfeasance during an audit?
11. When was the first Chartered Accountant Act passed?
12. When did the audit of company accounts become compulsory in India?
13. Discuss the scope and significance of internal audit in businesses.
14. What is the role of vouchers and verification in auditing?
15. Explain the valuation and verification of assets during an audit.
16. What does window-dressing imply in financial statements?
17. What are preliminary expenses, and how are they treated?
18. Describe the qualification and liability of auditors under the Companies Act.
19. What is a clean auditor's report? How is it different from a qualified report?
20. What are the types and objectives of management audit?