Audit Articles


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..



Frequently asked questions regarding NPA

  CA PIYUSH KAPOOR    01 April 2019 at 11:15

1. Whether a working capital account will become an NPA if the stock statements are not submitted regularly? What should be the period for which the stock state..



Key points for Bank Audit 2019

  CA Mahesh Bansal    25 March 2019 at 10:57

Many of you may have been allotted bank branch audits. I congratulate them heartily. Today, I am sharing with you few things to keep in mind while going for ban..



Procedure to set-up an Internal Audit Department by an organisation

  CMA TAPAN DHAR    18 March 2019 at 11:07

What is Internal Audit?Internal Audit is an independent & objective assurance and consulting activity that is guided by a philosophy of adding value to impr



All you need to know about KAM- Key Audit Matters

  CA. Anshul Gupta    13 March 2019 at 10:46

For the first time, audit reports of listed companies for Financial year 2018-19 will contain a section called Key Audit Matters (KAM). T




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