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Engagement to report on Summary of Financial statement.

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Standard on Auditing -810 | Engagement to report on summary of financial statement. Engagement Activates: -        1.Auditor must be same as appointed for Financial statement.      2.Before accepting, Auditor shall ·        Determine applied criteria are acceptable. ·        Agreement from management for its responsibility. a)     Prepare summary financial statement as per applied criteria. b)     Available audited financial statement to the intended user of summary financial statement without any difficulty. c)     Include auditors report on summary financial statements in any document. d)      Form an opinion-Agree with management. Summary of Financial Statements :- 1.         Auditor shall apply audit procedure and to report on the summary of financial statement .     Au...

10 passive income ideas to help you make money in 2023

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  Your job isn’t the only way you can make money. The cash stream from sources of passive income requires some upfront work, but once established, takes little to no time to maintain. While it can take some time to see the fruits of your labor pay off with passive income, earning money without regular work is possible. Some common ways to earn passive income include investing and starting a business that can mostly run itself. Here's are 9 passive income that help you to make money in 2023 1.Dividend stocks : If you purchase a dividend-yielding stock, you'll receive regular payments from the company. In most cases, companies will pay out dividends quarterly, and the more shares you own, the more dividends you'll receive. For those who don't want to pick individual stocks, you can consider dividend-yielding ETFs and mutual funds. Example: Hindustan zinc- 25.7%,   Indian oil corporation-14.37%,Sanofi India-11.9% 2.Real estate investing:    Earning regular rental income...