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Please Help: AUDIT

Posted Date : 29-Nov-2012 , 01:37:50 pm | Posted By: DHEERAJ SHARMA

Category : Audit | Answers : 0| Comments : 2| Hits: 165

How to do school audit? which are major areas to concentrate? please provide me the draft financail statement of any school

Comments
Posted By : Vipul Jadhav 18-Dec-2012, 08:04:41
receipt, 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
 
Posted By : Chirag 08-Dec-2012, 02:45:29
major 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
 

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