Audit Articles

How Audit will change in next 5 years?

Pawan 26 December 2018 at 11:52

Transparency in Audits � How audit is conducted vs How it is presented to the Stake HoldersA gap exists between how an audit is conducted and how the data

Queries deserving attention for consideration for Auditors

P.R. Sethuraman 17 November 2018 at 14:40

Merited attention is invited to Para D 8 of Ind. AS 101 - on First Adoption of Indian Accounting Standards. Clause (b) of Para D 8 of the above said Stand

A cakewalk on October amendment to Schedule III

P.R. Sethuraman 25 October 2018 at 11:08

A cakewalk on recent Amendments (11th Oct 18) to Schedule III (Division I & II) and considered induction of Division III ear marked for NBFC under the crux of Ind AS

5 things you must know about tax audit

CA. Brijesh Baranwal 24 October 2018 at 11:17

1. As per the provisions of section 44AB/44ADof the Income Tax Act, 1961, every person carrying a business whose turnover exceeds Rs.1Cr./ 2 Cr. (as the case ma..

Changes in Schedule III

CA Akhil Rastogi 23 October 2018 at 11:12

The amendments are applicable to all financial statements authorised for issue on or after 11 October 2018, irrespective of the period to which these financial ..

Forensic Audit: Field to Explore

Shobhit Jain 21 September 2018 at 15:37

Everyone reading this article would have obviously heard of Forensic Audit. And there is nothing surprising to that, as this word 'Forensic Audit' has b

Simple understanding of Tax audit for AY 2018-19

ARUN KUMAR 06 August 2018 at 11:43

As soon as due date of filing tax audit is coming near, assessee and tax auditor are making effort to comply with the tax audit provision.I have tried to prepar..

Latest Changes in Form 3CD

Vasundhara 25 July 2018 at 11:59

There are a number of changes proposed in Form 3CD relating to tax audit report.A summary of these key changes is given below. These changes are applicable to a..

All about Actuarial Gain/Loss

Rajat Gupta 02 July 2018 at 10:57

I would like to thanks all of you for liking my previous article on Gratuity, now I would like talk on Actuarial Gain or Loss arising on liabilities:- Technical..

Audit of compliance of EPF act

CA shanky pahoja 02 July 2018 at 10:56

Introduction: EPF Act 1952, requires certain organisations to contribute towards the provident fund and pension scheme for employees. For an auditor it is imper..