Audit Articles


Communicating Key Audit Matters in the Independent Auditor's Report

  CA PRASANTH.K    05 March 2018 at 11:11

Objective To determine key audit matter; and To report such key audit matter after forming an opinion on the financial statement ..



Why documentation is Important for Auditors?

  CA Amrita Chattopadhyaypro badge    05 March 2018 at 11:11

In the wake of recent bank scams questions have been raised on the professional standards, quality, and commitments of Chartered Accountants. These allegations..



Chapter X on Audit and Auditors

  P.R. Sethuraman    09 February 2018 at 11:07

The Companies Act 2013 vis a vis Amendment to the chapter(Sections 139 to 148) Introduction:Any amendment is to �mend&rsquo



Provision requiring Internal Audit to be conducted

  Varsha singh    25 January 2018 at 11:17

Clause 49 of the listing agreement: This section states that The Audit Committee is required to review certain points in regards to adequacy and efficiency of



Clarification on Statutory Auditor's Report over Internal Financial Control

  chirag rajendra parekh    15 January 2018 at 11:51

Background:The Companies Act, 2013 ('the Act') had introduced many new reporting requirements for the statutory auditors of companies. One of these



Check list for Insurance Audit

  nawin kumar kintali    05 January 2018 at 11:37

Basic legal frameworks to be familiarize before doing an insurance audit1) The Insurance Act , 1938 as amended by the Insurance laws (amendment act) ,2015 in..



Forensic Analysis of Financial Statements - Basic about Forensic

  Tehsinkhan Pathan    18 December 2017 at 10:48

PREAMBLE Fraud is a burning problem all over the world, not only for India. Enron, WorldCom, Satyam are some of the famous fraud cases you might have heard. Up ..



Forensic Audit - Future of Auditing

  Pawan Kumar Singh    12 December 2017 at 11:16

Today's villain are using mouse and keyboard instead of using mask and gun when we are gone in digital world.



A brief guidance on consolidation of financial statements

  eswarachandra bommisetty    06 December 2017 at 11:08

Consolidation of financial statements



Forensic Analysis of Financial Statements

  Tehsinkhan Pathan    01 December 2017 at 11:03

In last articles, about business and industry analysis discussed. In this article, we are switching to quantitative aspect of financial analysis. There are four..