Company Audit | Advanced Auditing Assignment Help
Advanced Auditing
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The
Companies Act requires disclosure of remuneration paid by the company to its directors (including managing and manager) in all its forms. It also requires disclosure of computation of net profit for
calculating managerial remuneration. All payments to the director by the way of remuneration or perquisites whether in every case public or private company are required to be in accordance with provision of Companies Act and authorized by the
Articles if Association of the company. Incase of public companies and private companies, which are subsidiary of public companies, sanction of the Government is also necessary. If terms of employment include payment of personal expenses, then such expenses can be incurred by the company. Where, however, payments made are not in accordance with the terms of appointment, such payments should be disclosed by the auditor in his report.
We cover following topics in company audit assignment help
1. INTER CORPORATE LOANS (SECTION 372 A)
2. DIVIDENDS
3. CAPITAL PROFITS
4. INTRIM DIVIDEND
5. AUDITOR’S DUTY WITH REGARD TO PAYMENT OF DIVIDEND
6. DEPRICIATION
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