Audit Articles

SAT order - quashing the ban on PWC from auditing listed companies

Vishal Jain 11 September 2019 at 13:21

SAT order - quashing the SEBI order debarring PW from auditing listed companies: Auditor's duty is verification and not detection

True and Fair view of accounts - An opinion by Statutory Auditor

Dilip K Raina 11 September 2019 at 11:23

Lot of investment decisions in the present-day world are based on the reports generated by financial analysists. One of the trusted and important sources of financial information comes from audited published financials.

Additional FAQs on UDIN for Other Audit & Assurance Functions

Guest 03 September 2019 at 11:33

Additional FAQs on UDIN for Other Audit & Assurance Functions

Complete guide on internal audit

Kranthi 29 August 2019 at 10:42

Internal audit is an independent management function, which involves a continuous and critical appraisal of the functioning of an entity with a view to suggest improvements thereto.

Accounting By Schools For Gratuity Benefit

Tikaram Chaudhary 28 August 2019 at 10:48

How Schools should do their accounting is explained by The Institute of Chartered Accountants of India in a guidance note GN(A) 21 (Issued 2005) Guidance Note on Accounting by Schools, here in after referred to as GN (A) 21.

Appointment of joint auditor - Impact on the corporate world

CA Amrita Chattopadhyay 19 August 2019 at 11:42

In last couple of years, the audit profession has received the attention which no other profession has received due to corporate frauds which has surfaced, the ..

The importance of risk based internal audit in banks

T.R.Radhakrishnan 24 July 2019 at 11:15

Deregulation and liberalization of Indian financial sector call for effective and crucial risk management and internal control system in the conduct of banking ..

SEBI proposed to stringent the norms for resignation of auditors

Kavita D. Shah 23 July 2019 at 10:59

There have been a significant number of instances of abrupt resignation of Statutory Auditors from listed entities in recent times. In most of the cases, the st..

Audit documentation requirement and observation as per QRB

CA Amrita Chattopadhyay 10 July 2019 at 11:25

The audit profession has been in news in the recent times due to various frauds reported in the corporate world. Various questions have been raised on the profe..