Audit Articles


XBRL: Cost Compliance Report and Cost Audit Report

Posted by CMA Navneet Kr Jain 14 May 2012 37354 Views

Cost Records Compliance Report and Cost Audit Report to be filed in XBRL Language MCAs Initiative to integrate Financial and Costing Reports MCA has issued a circular No. 8/2012 on 10 May 20



Auditing - A Beginners Guide

Posted by SANYAM ARORA 08 May 2012 77401 Views

Greetings of the Day to all My Lovely friends : - It had been months that i have not contributed anything on CA CLUB INDIA ( CCI ). A couple of days before a new intern Joined my firm, and beleive me he was too freithned. He asked me that you all



Procedure for Appointment/Re-Appointment of Cost Auditors

Posted by Ajay Mishra 04 April 2012 998396 Views

Ministry has reviewed the existing procedure followed by the companies seeking prior approval of the Central Government for appointment of cost auditor under section 233B(2) of the Companie



Bank Branch Statutory Audit Odd Man Concept

Posted by CA Satish Badve 26 March 2012 23099 Views

Bank Branch Statutory Audit ODD MAN CONCEPT.



Statutory Audit of Construction/Real Estate Companies: CARR

Posted by CMA Navneet Kr Jain 23 March 2012 102787 Views

Applicability of Cost Records in Real Estate/Construction Industry Statutory Auditors of Construction/Real Estate Companies to exercise caution By Navneet Kumar Jain, Practising Cost Accountant, Delhi Till the year 2010-11, cost records were require



Internal Audit Basics

Posted by CA Satish Badve 21 March 2012 59274 Views

Internal Audit Basics The



Service Vs Business

Posted by Dintakurthi Tirumala 13 March 2012 105719 Views

This is my first Article in this i would like to share some thing about Service Vs Business. To differentiate between Service and Business is very important because 1) services are liable for Service tax whereas business is liable for Sale tax, Vat,



Audit Plan/Tutorial: Audit of Purchase Department

Posted by Chiranjiv Singh 12 March 2012 55674 Views

AUDIT PLAN/TUTORIAL: Audit of Purchase Department of a Manufacturing Company A manufacturing company is that where a raw materials are converted into final product by applying certain manufacturing process. Thus, from the above definition, w



Risk Based Internal Audit

Posted by CA Prashant Gupta 12 March 2012 17764 Views

Parallel to the great upsurge another factor that hunting the board room of the corporate are Risk. There can be any type of the risk whether it is liquidity risk, fraud risk, reputation risk, competition risk and sundry other risks. T



Art of Internal Auditing!

Posted by Selvakumar Selvaraj 07 March 2012 18746 Views

Now, the world is in twenty first century, everywhere changes could be visualised but with respect to accounting, auditing etc, where is the change? Modern organisations have become more sophisticated and thus resulted




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