Section 143(11) of the Companies Act, 2013 (the Act) requires that auditor��s report of specified class of companies should include a statement on the prescribed matters.
I have tried to summarized the types of audit which are mandatory by law in this article. Hope you will be benefited from this article.
Ind AS Compliant Schedule III - A walk through
As India moves towards International Financial Reporting Standards (Ind-AS/ IFRS) requirements gradually, there are some fundamental changes which are imperativ..
RBI Circulars of DEMONETIZATION
Section 144 of the Indian Penal Code is normally promulgated to avoid unlawful assembly of people with attempt to cause public disturbance. It is not on normal ..
The purpose of the article is to deal with on the consequential changes warranted on rules of law and regulatory requirements on business/ industrial domain
As per Section 138 of Companies Act, 2013 Internal Audit has been mandated upon certain classes of companies. Such companies are required to appoint a person as an Internal Auditor who must be CA or Cost Accountant or professional as prescribed. Companies are subject to conduct an internal audit as per there size and requirement.