Cost Audit Report and Compliance Report in XBRL format and what is the authority for the same? Ministry of Corporate Affairs has mandated filing of the Cost Audit Report and Compliance Report from the financial year 2011-12 onwards (including overdue reports relating to any previous year) by all cost auditors and companies concerned by using the XBRL taxonomy. MCA vide Circular No. 18/2012 dated July 26‚ 2012‚ has extended the last date of filing of cost audit reports and compliance reports with
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company is called Communications Intellect Inc. It is designed to help students along with people in the work force to learn how to communicate better. Even if you’re a great communicator already‚ we guarantee our services will give you outstanding knowledge and improve your communication skills. We started our first office in Orlando‚ Florida in May 2010 and are spreading out consistently over the past two years. Our goal is to have at least one office within a ten mile radius of all the main campus
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WHAT THEY DO: Accountants and auditors examine financial statements for accuracy and conformance with laws. Accountants and auditors prepare and examine financial records. They ensure that financial records are accurate and that taxes are paid properly and on time. Accountants and auditors assess financial operations and work to help ensure that organizations run efficiently. Duties Accountants and auditors typically do the following: • Examine financial statements to be sure that they are
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Issuing Audit Reports Simulation Stakeholders in companies rely on the auditors for confirmation that financial information is accurate. The auditor ’s opinions and observations are presented to interested parties in the form of the audit report. Any reservations the auditor may have to the fairness of the financial statements is stated in the audit report. Also included is a summary of any justified departures from generally accepted accounting principles (GAAP) and their effects. There are
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Introduction The importance off skepticism in performing audits has been recognized from the time the very first auditing standard was implemented (Fullerton and Durtschi‚ 2012). The recent financial crises and audit failures have caused the profession to reassess and emphasise the importance of skepticism during an audit engagement‚ ensuring that auditors increase their level of skepticism (Fullerton and Durtschi‚ 2012). Auditors are now asked to expand their skeptical perspective to the level
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What is an Environmental Audit Environmental auditing is a systematic‚ documented‚ periodic and objective process in assessing an organization ’s activities and services in relation to: • Assessing compliance with relevant statutory and internal requirements • Facilitating management control of environmental practices • Promoting good environmental management • Maintaining credibility with the public • Raising staff awareness and enforcing commitment to departmental environmental
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In his article “ No‚ You’re Not Entitled to Your Own Opinion”‚ Patrick Stokes suggests that while you can express an opinion‚ if you expect others to listen‚ you need to provide an informed argument. He describes Plato’s distinction between opinion or belief and knowledge. An opinion of personal preference is unarguable. However‚ a personal opinion on technical-based issues is sometimes confused with knowledge and is presented to others as an undeniable fact. In this case‚ amateurs think they have
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Contents 1.0 Introduction 1.1 Audit 1.2 nature of auditor independence 1.3 principle of auditor independence 2.0 The concept of auditor rotation 3.0 The history and current debates concerning auditor rotation 4.0 Different countries regimen should be considered 5.0 Conclusion 6.0 List of references 7.0 Appendices 1.0 INTRODUCTION 1.1 Audit Auditing is the analysis of the financial accounts or records‚ by a qualified accountant‚ and procedures of
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As part of our audit process‚ we will request from Tesla Motors‚ written confirmation concerning representations made to us in connection with the audit. We will issue a written report upon completion of our audit of Tesla Motor’s financial statements. Our report will be addressed to the board of directors of Tesla Motor’s. We cannot provide assurance that an unmodified opinion will be expressed. Circumstances may arise in which it is necessary for us to modify our opinion or withdraw from the engagement
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Why you should consider house removals services Moving things from one area to another can prove to be difficult due to factors such as distance‚ size and weight of things‚ weather and traffic. However such important factors are less considered as many people prefer moving things their own way to save money. At the end they result to spending even more and damaging most of their prized goods. Below are seven key reasons advantages of hiring a removal company. Less stressful Whether it is office furniture
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