Important Area for Auditor : Maintenance of Books of Accounts Supply & time and Place of Supply Value of Supply Tax Rate Changes ITC, RCM & Refund Law, Circulars and Clarification Important Points to be take care while finalizing the Audit : Analysis of Financial Statements : Expenditure Analysis Income …
This is a most vital area before commencement of the Audit program. A great deal of the groundwork can be done upon analysis of the available return figures and thereby having a prima-facie idea of the business trend of the auditee. Illustrative steps that may be considered for an effective …
In Normal Circumstances it’s Simple to Start to Audit under GST but if there will be certain specific then situation then it’s quite difficult to know about the procedure of GST Audit, hence in this blog we are coming with the concept of GST Audit in certain Specific Situations. The …
A business contract/agreement is the statement, either oral or written, of an exchange of promises in It is a negotiated and legally enforceable understanding between two or more legally competent parties. There are different types of business agreements/contracts. Scrutiny of these contracts or agreements constitutes one of the important functions …
Types of banking institutions : Commercial Banks Regional Rural Banks Co-operative Banks Development Banks (more commonly known as ‘Term-Lending Institutions’) Foreign Banks Payment Banks Small Finance Banks EXIM Bank Out Of these banks, commercial banks are the most widely spread banking institutions in India. Main Functions of Banks : accepting …