KAE/SILVER PEAK/UPPL/......
3 YEARS
MOA
AOA
Auditor appointment
Balance confirmations( Debtors/Creditors/Investments/Bank/Loans/Cash/GST portal)
Financial comparative( we have)
Working papers
GST reconciliation
Receivables with Railway payments in April/May
Railway registration
ISO certificate
Vouching
Creditors statements
Insurance
TDS/TCS
PF/ESI
CARO
Physical verification of Stock/Stock sheet
Audit observations
Signed BS
TB (final)
Tally( received yesterday)
E mails pasted in word( related to Audit queries)
Independent audit report
UPPL...NPA/ going concern
TAR
DR MANOJ...3 YEARS
TB(final)
Balance confirmations( Debtors/Creditors/Investments/Bank/Loans/Cash/GST portal)
Insurance of Clinic
Patient register
Working papers
Cash
Vouching
BS comparative( we have for last two years)
Patient register reconciliation
Signed Balance Sheet
TAR
DB TRADERS/ASHOK MACHINERY/ AHUJA HOTEL...3 years
Partnership deed( we have Ahuja Hotel)
TB
Working papers
Balance confirmations( Debtors/Creditors/Investments/Bank/Loans/Cash/GST portal)
BS comparative( we have for last two years)
Vouching
TB(final)
Stock list
Insurance
GST reconciliation
TDS compliance
E mails pasted in word on Audit
Signed Balance Sheet
TAR
Annual GSTR 9
E invoice
VASUDEV/ SRIRAM UTHAN/BIAS........3 years
Society Registration
By- laws
TB
Insurance
Kumaun University approvals
TDS/RCM compliance
10 BD if filed
FCRA registration/ renewal/Balance Sheet/Bank account/utilization
Vouching
Utilization
Working papers
BIAS( utilization support for Scholarship)
Email communication related to Audit pasted in word
BS signed
TAR
IPPB/IRCS............3 years
Tender process ( IPPB)
Appointment letter
Scope
Audit check- list( we have)
Audit reports
Annual accounts
TAR
20 MICRON GST AUDIT............3 years
Appointment
Balance Sheets
Working papers
GST reconciliation
Form 9
Form 9C
Supportings
Audit queries( emails)
GSTR9/GSTR 9C filed
SHREE PYARE................3 years
License
GST returns
GST reconciliation
TDS/TCS compliance
working papers
e invoicing
TB
Vouching
Audit queries( emails)
Insurance
Bank stock submitted
TAR
UPCL STOCK AUDIT
Appointment
Audit plan
Check list
Working papers
Reports from UPCL
Observations
Queries
Draft report
Discussions
Time taken
Final report
UIIC........1 year
CAG appointment
Audit plan
Reports required
Data compared
Queries
Replies
Vouching
Branch wise details
Comparative
Data Analysis
TDS/GST compliance
Reference to Internal Audit report
CAG report
working papers
Ratios
Provisions
Clam/Premium ratios
Fund management
Fraud
Reported
Draft report
Management report
Final Audit report
KICHHA SUGAR MILLS...............2 years
CAG appointment
TB
Comparative
Queries
Stocks verification
Vouching
GST reconciliation
TDS verification
Tally data
Queries raised
Project expansion verifications
Cost audit report referred
CAG referred
Fund management
Cost of procurement
Sales realization
Any significant event
Going concern
Net worth eroded
Manpower Cost
Sale of Scrap
Loans
DP
Unpaid interest
FD s veerified
TDS/TCS
Annual reports
Secretarial compliance
TB Final
Working papers
Draft Balance Sheet
Queries
Resolution
Conclusion/Management discussion
Independent Audit report
CARO
Board Meeting on Audit
TAR
TOYAM..................3 years
Appointment
ADT1
Renewal of appointment
MOA
AOA
CARO
Stocks
Insurance
Audit programme
TB
Revenues
Queries
Confirmations
External reports
External consultation
Management discussion
Audit opinion
Working papers
Management representation
Quarterly filing
Loans
Shareholding
Share premium
GTS/TDS compliance
Related parties
Board discussion on Draft BS
Risks
Any shareholder Query/ Complaint
Significant matter:1, subsidiary 2. change in Name [Link] investment
Approvals
SEBI compliance
Qualified Opinion
Audited signed financials
FIRM
Articles( Certificates/Eligibility/ Induction/Form 108/training/attendance/leave/article
completion)
Client report( can the format that we have made available be on excel so that the data can be
sorted)
BS FY 2023.24
GST reco
TDS
26 AS
ESI
Certificates
UDIN(Partner) submitted...linked to Billing
Firm/Member card( submitted)
CPE hours( submitted)
Deed/Firm constitution/PAN/GST/RBI/CAG(submitted)
Network Firm(submitted)
Appointment letters( shared)
AUDIT PLAN
DAILY ATTENDANCE
Insurance
Asset verification
Library list
Client feed- back
Staff feed- back
REVIEW
Has to be completed before/latest by 28th August 2024
If not ,we will not be eligible for Listed Co/Bank/CAG audits
Thanks for everyone
Yesterday was a bad day for me( we lost a Client for the first time..DR MODI..and he was very
very upset)
So there are several areas we need to work on
[Link]
[Link]
[Link]/words/tone
[Link]( never)
[Link].....do not let it become a wound....say sorry/ improve...do not let the incident occur again
[Link] is always right
[Link]
[Link]
[Link]/recheck the excel formula
[Link]( actually have copy from where the figure you verified( ticked) and keep copy for File
[Link] balance in the Balance Sheet should flow from a document, where you can check the
balance( if different then there must be a reconciliation.( copy for File
[Link] (ageing and anything over 6 months needs to be provided)
[Link]/FD/Stock/Debtor/Credtor/Advance/Loan/Unsecured loans/Provisions( have to change
and can never be the same)
[Link] must be reconciled with GTSR1( reports and reconciliation for file)
G. Purchase from GSTR 2B
H. GST closing from Portal
I. TDS/TCS/Advance tax confirmed from the26 AS
J. Cash from Cash book( denomination break up)
[Link] verify/Stock list/Sum insured/ Stock declared to Bank
[Link]( printed/pre numbered/ expense dr head/cr Bank/Creditor....supported with GST bill
or where the Service provider can be identified for verification
[Link] turnover to tally with Sales/ Debit with Purchases,GST paid,Expenses,Loans
[Link] loan( Stamp paper agreement/ PAN/Adhar/ITR/Bank statement)if interest is
paid/TDS deduct
[Link] loan-Interest is allowed only if TDS has been deducted on Interest paid
[Link]..adequate for the Assets/Investments/Loans/Stock/Debtors/Loan
EMI/Credit card/Electricity/Credit card/Personal living expense / Investments/Children
fees/Capital introduced
[Link] flow should be prepared for all Audits
[Link] Debit( must be verifiable) either GST paid/TDS deducted/RCM/Taxable invoice)
[Link] goes for Credit
[Link] Demand (ROC, TDS,GST,Labour/Bank) has to be shown as Contingent liability if in appeal/OR
ELSE SHOULD BE PROVIDED FOR
[Link] with last two years
[Link] ratios..Purchase/Sale/Stock/Debtor/Creditor/GP/DSCR/NP/ROI
[Link] special Transaction(Purchase Sale of Assets,Loans,New business,Unsecured loan,Insurance
claim,Partner leaves,Change in Address,new registrations,Renewals due etc
[Link] not put any entry in SUSPENSE
[Link] do not delay on any matter beyond 15 minutes( bring it to me)
[Link] month we must discuss each Client with me( Turnover,GST,TDS,TCS,e
invoice,PF,ESI,Billing,Receivables,Any special transaction
[Link] as a Team( only then can be get to grow)
LAST WEEK
We must complete all Audits
Digital Signatures
Data
ROC
TDS
GST
Appeals
Notices
Bank audits
Legal
Client query
Upload
Signature on Balance Sheet
Have the upload approved
All ITR confirmations pending
RECEIVABLES
Please have the April to September service recovery completed
Related to FY 2023.24
Audits,GST,TDS,Appeal,Project,Certificate,Digital,Stock
AUDITS PENDING
COMPANY
[Link] Venture( done)
[Link] Sugar(done)
[Link](done)
[Link] tar (done)
[Link](wip)
[Link] (wip)
[Link] (wip)
[Link] (wip)
FIRM
Medical Hall (wip)
Medical Point (wip)
Mehta ( wip)
Sri Ram M (wip)
Sri Ram T (wip)
Priya
Bellissima (wip)
DK Traders (wip)
[Link] (done)
Purnima
Sri Pyare Lal Sons(3) (wip)
Sanjay Belwal (wip)
Gaurav Arya (wip)
Airo & Co
Lokham
Maa Jiyarani
Maa Durga
Himalayan E (wip)
Himalayan A (wip)
Tomohara (wip)
Om Shiva
Premium
Dream D
Naini Valley
Pandey Stone (wip)
SOCIETY
DUSS-2
BIAS (wip)
Shoban Singh Jena
Elite School (wip)
KAE Trust (wip)
Subah Trust (wip)