Finance & Accounting field has seen a shift change in the last two decades. From basic manual-driven cars to cruise controls, and thereafter autonomous crui..
An audit trail is a documented record of the sequence of activities and events that are associated with a specific transaction, process or system.
An Audit Trail is a chronological record of all the events or transactions that have occurred within a particular system or process. It is used to track changes to data and document who made those changes, when they were made, and why.
Auditing standards play a significant role in the auditing profession. Among the important auditing standards, SA 700, SA 705, and SA 530 provide guidance for the auditor's opinion.
Bank branch audits are a critical component of the banking industry, as they help to ensure that financial institutions are operating in compliance with laws and regulations, safeguarding customer assets, and maintaining the integrity of the financial system.
I have given an attempt to draft a Forensic Audit Report with every care to ensure accuracy.
Identifying fictitious sales can be a challenging task, but there are several ways to detect red flags that may indicate the presence of fictitious sales.
Charitable Institutions refer to those organizations which are constituted and worked for the purpose of public charity.
Internal audit is a process which provides assurance to the management regarding company’s risk management, control procedures and their operational efficiency.
Forensic Accounting is an emerging field for professionals. It is somewhat different than other conventional accounting and auditing practices.