Audit

A) SEGREGATION OF DUTIES 1)   Are responsibilities for initiating, evaluating, and approving capital expenditures, leases, and maintenance or repair […]

A) GRANTS 1)   Has the agency properly assigned responsibility for monitoring grant activities? 2)   Does the agency have a central

 Audit Checklist – Financial Management . This checklist is very useful for auditors, with reference to this checklist while auditing

Deferred Tax Assets and Liabilty reversal * Reconcilation with IT profit and Book Profit * for IT and Company Depreciation

Capital Account/ Share Capital ** Movements in share capital ** Buy Back prodedure to be followed if there is any

Direct Expenses ** Expenses vouching ** Expenses for Fuel consumption ** Freight and forwarding Expens analysis – relating to RM 

Sales Accounting policy followed by the company for recognition of sales Cut off procedure Credit notes/ Debit notes if any,

Checklist For Internal Audit Of Stock Brokers – BSE, NSE, and MCX-SX 1 Appointment Letter of Internal Auditor for Internal

Audit Program for Joint Venture1  Method of Accounting followed     Separate set of books      Same set of books