Question
The section of the companies Act, 2013 which contains
provisions regarding remuneration of the auditor is:Solution
Section 142 of the Companies Act, 2013 deals with the remuneration of auditors. It states that the remuneration of the auditor of a company shall be fixed in its general meeting or in such manner as may be determined therein. Provided that the Board may fix remuneration of the first auditor appointed by it.
Advance amount received from customers is not considered as sale. It is based on which concept?
Which report is issued after completion of statutory audit of a PSU?
An enterprise consumes 25,600 units of a component annually. The order cost is ₹600 per order, and carrying cost is ₹12/unit/year. A supplier offers...
The coefficient of correlation takes the value in which of the following ranges?
Which of the following is shown under investing activities in the cash flow statement ?
_______ refers to the information collected by an auditor to ascertain the accuracy and compliance of a company's financial statements.
Which accounting standard provides guidance on how to account for foreign currency transactions and the effects of changes in foreign exchange rates on...
Which of the following expenditure should NOT be recognized as intangible asset as per AS 26?
Under Ind AS 116, which of the following is true for lessees?
While finalizing the current year’s profit, the company realized that there was an error in the valuation of closing inventory of the previous year. I...
