The Indian cement industry is one of the largest in the world, both in terms of production and consumption. The sector has been experiencing steady growth due to infrastructure development, housing projects, and increased demand from the real estate sector.
An audit trail is a chronological record of all changes made to financial transactions within an accounting system. It helps maintain the integrity and accuracy of financial records.
Here's a guide on ESG (Environmental, Social, and Governance) in auditing as per discussions and recommendations from UNO
Auditing digital systems requires specialized tools designed to navigate complex digital landscapes, analyze data, and ensure compliance with regulatory requirements.
Small and Medium-sized Enterprises (SMEs) play a pivotal role in driving economic development and job creation globally. As these businesses navigate the competitive landscape, ensuring robust internal controls and effective risk management becomes paramount.
In the ever-evolving landscape of finance and business, auditors find themselves navigating through turbulent seas, facing challenges that are as dynamic as the markets they scrutinize.
In a recent development, the National Financial Reporting Authority (NFRA) has issued a consequential order shedding light on the statutory audit of Seya Industries Limited for the financial years 2018-19 and 2019-20.
Few days ago, I appealed ICAI to raise professional misconduct fund, even posted at my LinkedIn handle regarding ICAI to bring some insurance scheme to cover risks of CA from paneities and fines up to 50 lac to 1 crore with a nominal premium every year
Forensic Audit represents an area of finance that combines detective skills and financial acuity.
SQC 1 deals with the firm's responsibility for having a system of quality management. The SQC is the mechanism that creates an environment that enables and supports engagement teams in performing quality engagements.
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