Question
Which Statement on Auditing (SA) provides guidance on
the overall objectives of the independent auditor and the conduct of an audit in accordance with standards on auditing?Solution
SA 200, titled "Overall Objectives of the Independent Auditor and the Conduct of an Audit in Accordance with Standards on Auditing," is a foundational Statement on Auditing (SA) that provides guidance to auditors on the fundamental objectives they should aim to achieve during an audit. It outlines the principles and requirements for conducting an audit in compliance with auditing standards.
An asset is purchased for Rs.50,000 on which depreciation is provided annually according to the straight-line method, the useful life is 10 years and t...
In GST, the credit of tax paid on the input service used by more than one supplier:
Calculate Cash ratio of the company?
While vouching purchases, an auditor notices that a supplier’s invoice is missing. What is the best course of action?
Which of the following allowances is NOT taxable under Income under head Salaries?
The death-cum-retirement gratuity received by the Government Employee or employee of local authority is _______________.
SSL stands for:
_______ is also known as General Ledger Adjustment Account.
The profit is 50% on sales. What is its percentage on cost?
The company should file form _______ with the board resolution and with prescribed fee to the Central Government for appointment of the cost auditor.