Audit Articles

DPT-3 still requires clarification

P.R. Sethuraman 01 July 2019 at 11:21

Introduction:The purpose of the article is not on examinatio

Tax Audit & The Presumptive Taxation

CA. Atul Khurana 13 June 2019 at 11:20

Section 44AB vs 44ADWhen we talk about Presumptive Taxation, then it automatically relates to Tax Audit under Income Tax Act, 1961.At student level, I have seen..

All about Inventory Management

CMA Supriya Talegaonkar 10 June 2019 at 11:38

Inventory Management is the process of ordering, storing, handling, retrieving, dispatching and accounting stock.

Importance of risk assessment as required in auditing standard

CA Amrita Chattopadhyay 31 May 2019 at 18:03

Developments in business, regulation, corporate governance and user expectations drive change in auditing standards and methodologies, as do changes to the cont..

Bank Concurrent Audit

THOTA Venkata Sai Akhil Naidu 31 May 2019 at 18:02

PLANNING & REQUIREMENTS Documents to gather Information / Guidelines before Audit

All about professional ethics

Venkat Raj 25 May 2019 at 10:26

ICAI (Institute of Chartered Accountants ) is a statutory body constituted under Chartered Accountants Act 1949 governed by Ministry o

Key Changes made in Auditor's reporting Standard & Emphasis on Audit documentation

CA Amrita Chattopadhyay 26 April 2019 at 18:22

In the wake of the present financial crisis, the role of the auditor has been questioned by many stakeholders. One of the concern of the stakeholder was that th..

Important points for Bank Audit while auditing MSME borrowers

CA Kushal Soni 06 April 2019 at 12:41

90 days delinquency norm is a condition for classification of majority of loans into NPA, loans to

FAQ in relation to UDIN for Bank Audit

Guest 01 April 2019 at 12:21

The following are the FAQs in relation to UDIN for Bank Audit:1. Whether UDIN is mandatory for Statutory Bank Audit?For Statutory Bank Audit, UDIN is not mandat..

Key Points while Auditing Agriculture Advances

CA PIYUSH KAPOOR 01 April 2019 at 11:15

Before understanding the Norms for Agriculture Advance first should know about the Which type of Loans cover under Agriculture Advances:Types of Agricultural Lo..