Dear Sri.Gopala Krishna Raju -
You did a wondeful job of handling 'Docmentation and Tools on Tax Audit' at Vellore. I as a 1st generation CA is handling audit and maintaining working papers to a reasonably better way to comply with the professional requirement as expected by the institute. Thanks to a good training I had with Mr.V.Krishnan, past regional council member. Last Saturday we had the benefit of sharing 2 generations of auditing office experience and exposure. I learned a lot and noted many useful points. A few points to mention :
- To take a copy of clients a/cing data and to work on it for auditing pupose. To share that data with the IT officers.
- Acceptance of soft copies as evidence specified by the IT Act, 2000 and IT (Amendment) Act, 2008.
- For huge stock value better to get another CA's certificate.
- Control chart of group transactions.
I mention these points, apart from thanking and complimenting you, to make you feel happy that your effort has really benifited many members.
Your system knowledge is quite amazing. I had seen this in your article on XBRL, your session on utilities of XL and on last Saturday while demonstrating - importing of bank statement from bank data and step by step fine tuning for our analitical purpose.
Nice to see such knowledgeable people in the council contributing a lot for our members. May God contiue to Bless you with knowledge and wisdom for ever.
CA. Sadasivam Ramalingam
Vellore
Sep 2, 2012
No comments:
Post a Comment