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Modaraba
...udge of High Court) has been set up. This Board will give clearance to each Modaraba that the economic activity undertaken is permissible under Shariah and Halal.Auditors. Each modaraba is to appoint chartered accountants duly approved by the Registrar. The chartered accountant shall certify the accounts and also the objective or purpose for which the Modaraba is set up.Types of ModarabaModarabas .... 
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Difference between audit and investigation
...est checking.TIMEA) The investigation has no time limit. It may relate to many years.B) The audit of accounts is made for a particular time period.QUALIFICATIONA) The investigator may or may not be a Chartered accountant.B) The auditor is usually a chartered accountant.EMPLOYEESA) The investigator may examine employees personally.B) The auditor does not examine personally.COMPULSORYA) The investig.... Read
Auditing in depth
...verify the expenses incurred for the installation of machinery. 7. To examine the entries made in books of accounts and plant register.
TECHNIQUES OF AUDIT IN DEPTH According to the Institute of Chartered Accountants, England, there are three stages of audit in depth; they are:
1. ASCERTAINMENT: To find out the efficiency of the system of internal check. 2. TESTING: To examine the important .... Read
Difference between accounting and auditing
...erson.
START
The work of an accountant starts when the work of bookkeeper ends. The work of an auditor starts hen the work of an accountant ends.
QUALIFICATION
An accountant may not be a Chartered Accountant as per law. An auditor must be Chartered Accountant for public companies.
LIABILITY
The accountant has no liability for preparing final accounts. The auditor has liability .... Read
Sample of qualified audit report
...cording the objects of the company.10. Under the Zakat & Ushr ordinance 1980, Zakat deductible at source, if any was deducted and deposited the central Zakat fund, in our opinion.FORD RHODES & COMPANYCHARTERED ACCOUNTANTSKARACHINOV 10,2011.
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Sample of unqualified audit report
...ts of the company give the information required by the companies’ ordinance, 1984 The said accounts give a true and fair view of the company’s affairs as at December 31,2003.FORDS RHODES & COMPANYCHARTERED ACCOUNTANTSKARACHI, MARCH 3RD 2006.
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Philosophy of nature cure
...Naturopathy believes that the human body owes its existence to Nature’s five elements- Earth, Water, Air, Fire and Ether- a composite representation of all forces of Nature.
Earth signifies the solid structure of our body, like our skeleton.
Water is representative of the body fluids like blood, etc.
Air- represents the breath of life,
Fire- symbolizes the vitality and
Ether or Space- perso.... Read
Classification of companies types of companies
...CLASSIFICATION OF COMPANIESThe companies are generally of the following types.1. Chartered Company. A company created by the grant of a Royal Charter is called a Chartered Company. In England and its Colonies, the companies were formed and regulated by the Crown. For instance, the Chartered Bank of England. The East India C the Chartered Mercantile Bank of India, Peninsular and Oriental steam Nav.... Read
How a commercial letter of credit is opened
...by an agent of the importer’s bank on the production of shipping documents. The payment, of course, will be made by an import letter of credit.Smith & Co., the importer, will contract his bank (Say Chartered Bank in England) and show all the documents of the contract explaining the important features of the contact such as the amount of the cloth port of shipment port of unloading description of.... Read
Cnc benchtop milling machines being used in industrial settings
...CNC (computer numerical controls) benchtop milling machines are gaining popularity nowadays. There are different CNC benchtop models available in the market. One such model is the benchtop drill press. However, a benchtop milling machine, is not similar to a benchtop drill press. A benchtop drill press, keeps the material you are working on, stationary, while the drill press moves vertically. A be.... Read
Sobha villas gurgaon
...athrooms and Kitchen etc
· Complete Power Back-up
· All Approvals and Licenses are in place
· Possession is in 3 years
· Funding / Loans to be available from Most leading Banks like Standarad Chartered, HDFC, Sizes of Plots, Built up Area and Rooms etc :
· Villas of 270 / 400 / 500 / 692 Sq Yds.
· Villa of 270 Sq Yds � 4 BHK with Built up area of aprox 4000 Sq Ft � Ground & 1st Flo.... Read
Incorporation stage in formation of a public company
...e company will be situated.(6) Original copies of the receipted challans in respect of payment of duty on share capital and the prescribed filing fee.(7) A statutory declaration by the secretary or a chartered accountant that all the provisions of the Companies Ordinance with regard to registration have been fulfilled.(8) Declaration of qualifying shares. All the directors, whose names are in the .... Read
Apsrtc interesting facts
...ys. • This has been certified by the Guinness World Records on 31/10/1999 for holding the largest bus transportation system with 18, 397 buses. • The APSRTC received the 'Road Safety award' by 'Chartered Institute of Transport' based of United Kingdom. • The Government of India also honor the APSRTC, by presenting them 'Productivity and Fuel Efficiency Award' for many years, sometimes eve.... Read
Why open a corporate bank account in singapore the advantages
...e to increase and safeguard their wealth. Aside from being an excellent financial centre, Singapore boasts of its first-rate banking facilities. In fact, a number of international banks like Standard Chartered, Bank of India, JP Morgan Chase, Citibank, HSBC, and Bank of America, have opened their own branches in the country. Also, the local banks in Singapore like Development Bank of Singapore (DB.... Read
Know the difference between cfp and cfa
...For those who are willing to make a career in the field of finance, there are a number of opportunities for the person who is rightly qualified to be so. Chartered Financial Analysts (CFA) and the Chartered Financial Planners (CFP) are two of the most coveted finance courses which can be undertaken by the candidates interested in core finance. These two are different from the MBA, where the focus .... Read
Draft a clean audit report
... respectively gives a true and fair view of the company’s affairs as at 31st December 2005 and the profit and changes in financial position for the year then ended.Karachi, MARCH 31st 2011A B C & COCHARTERED ACCOUNTNATS
.... Read
Rustomjee meridian new eevelopment in kandivali west
... home loan consultation to help you pick and choose the right home loan institution for your home loan finance needs. We help you avail home loans from ICICI Bank, HDFC bank, Kotak Mahindra, Standard Chartered Bank, HSBC bank, ING Vysa bank and other leading financial institutions..... Read
How to decorate your baby room with wall decals
...Decorating your baby room with wall decals is an easy way to make your nursery look absolutely stunning. Wall decals are big stickers for your wall that are removable and often times reusable. Furthermore, though many wall decals are made of vinyl, environmentally fabric wall decals have become increasingly popular as demand for earth-friendly decor has grown.
Wall decals for kids rooms come in m.... Read
Qualification of an auditor of a limited company
...Following persons are qualified to be appointed as auditor of a company. PRACTICING CHARTERED ACCOUNTSA person shall not be qualified for appointment as auditor of a company unless he is a chartered accountant within the meaning of the chartered accountant act 1949. A chartered accountant means a person who is a member of the institute of chartered accountant of Pakistan. He will be “Deemed to b.... Read
Piaggio parts mega store
...Piaggio is the fourth largest producer of motorcycles and scooters in the world. Based in Pontedera, Italy, they also produce more than 600,000 vehicles annually among other products like scooter tuning and piaggio motorcycle parts. Piaggio’s main competitor is Polini and malossi which are both headquartered in Italy. Company’s History The company was founded by Rinaldo Piaggio in 1884 with.... Read
