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Audit Articles


Automated Controls and Audit Trail

  CA Amrita Chattopadhyay    07 April 2023 at 12:31

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..



Mandatory Audit Trail in Accounting Software: A Game-Changer for Corporate Governance

  Rashmi    06 April 2023 at 08:52

An audit trail is a documented record of the sequence of activities and events that are associated with a specific transaction, process or system.



Implementation of Audit Trail software

  CA Sanat Pyne    03 April 2023 at 08:45

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.



Important Principles enunciated in Standards on Auditing

  CA Rakesh Ishi    30 March 2023 at 12:11

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 Audit: A New Approach

  CA. Peeyush Sharma    29 March 2023 at 08:50

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.



Forensic Audit of ABC Automobiles Private Limited on Receivables

  CA Praveen Bisht    25 March 2023 at 09:08

I have given an attempt to draft a Forensic Audit Report with every care to ensure accuracy.



Detecting Fictitious Sales: A Guide to Identifying Red Flags and Protecting Your Business

  Rashmi    28 February 2023 at 08:44

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.



Audit of Charitable Institutions

  Abhishek Kumar    20 February 2023 at 08:54

Charitable Institutions refer to those organizations which are constituted and worked for the purpose of public charity.



Importance of Follow up procedure in Internal Audit

  CA Amrita Chattopadhyay    09 February 2023 at 12:47

Internal audit is a process which provides assurance to the management regarding company’s risk management, control procedures and their operational efficiency.



Forensic Accounting vs Normal Auditing: A Comparative Analyses

  SAMIR CHAUDHARY    07 February 2023 at 11:39

Forensic Accounting is an emerging field for professionals. It is somewhat different than other conventional accounting and auditing practices.