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Q. > Please Help: AUDIT
How to do school audit? which are major areas to concentrate? please provide me the draft financail statement of any school
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Rambabu Senkarasetti
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CA. SURESH Kr. AGARWAL
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Comments
chirag
08-Dec-2012 , 02:45:29 pmmajor areas to vouch are receipt of fees and income and please check whether expenses are for the object and made following the required procedure and read trust deed in case school is run by trust it will give you better idea on the scope and areas of audit
vipul jadhav
18-Dec-2012 , 08:04:41 pmreceipt, expenditure, sources of donations and purchase of assets. Check whether the school has been registration under the Co-operative act / trust act and draft reports according to those formats