Audit Articles

Forensic Audit

Member (Account Deleted) 20 October 2012 at 13:33

FORENSIC AUDIT-DEFINITION Forensic audit involves examination of legalities by blending the techniques of propriety , regularity and investigative and financial audits. The objective is to find out whether or not true business value has been reflect

Internal Audit- 'A Shift'

Jitendra Jain 03 October 2012 at 12:43

A shift from Conventional Internal Audit to Risk Based Internal Audit The present Internal Audit across small and mid-sized organisation involves a dry review of Purchase, Sales, Operations, Finance and Payroll fun

Audit of fixed assets

*RENU SINGH * 02 October 2012 at 13:06

Objectives:- Ensure that All Expenses which need to be capitalized are capitalized; Company is maintaining proper Records of Fixed Assets; Deprecation , Profit/Loss on Fixed Assets Correctly Calculated; Compliance of Ac

Risk Assessment of Marketing Function

Sonia Jaspal 11 September 2012 at 11:56

The global economy is facing turbulent times with US in recession, Europe in economic crises and emerging markets growth slowing down. Frequently organizations panic on hearing forecasts of looming recession. They cut down marketing budgets, innov

Ledger Scrutiny - Backbone of Statutory Audit (Part - 2)

SANYAM ARORA 08 September 2012 at 12:44

Greetings of the Day to All the member of CCI Family. So friend's after the success of Part - 1 of Ledger Scruitny - Backbone of Statutory Audit

Performing Agreed Upon Procedures

Milind M. Kulkarni 03 September 2012 at 12:21

As a part of our professional work, we are often required to carry out Agreed Upon Procedures (AUP). Let us have a look at what AUP mean, what approach is required while performance of AUP and what are applicable standards issued by ICAI. Meaning AU

Cost Auditors Appointment: Penalties for Non Compliance with respect to Appointment of Cost Auditor Notified

CMA Navneet Kr Jain 01 September 2012 at 12:55

29th June, 2012 was the Last date of filing Form 23C relating to appointment of Cost Auditor (for the financial year 2012-13) with M

Ledger Scrutiny - Backbone of Statutory Audit

SANYAM ARORA 30 August 2012 at 16:42

Greetings of the Day to all the members of CCI Family. So Professionals September season is going to start & i know everyone will be busy with their respective Audits. The same thing is happening with me & i am also fed up of 6 A.M TO 10 P

Audit pill for many ills of democratic governance

Guest 01 August 2012 at 11:35

Democratic Government is: Government by the People, for the People and of the People -Abraham Lincoln[1] In democratic government, representative elected by the common people has the duty to ensure proper management of resources and good governa

Wake me up when September ends: Audit season

Niraj Mahajan 21 July 2012 at 12:13

If you happen to see few people roaming regularly on streets at 3 or 4 in the morning in the months of September dressed in formals dont think its a new dress code of dacoits to fool you. Those might be poor CA students returning home