Audit Articles

An Auditor for 60 years

Posted by Arijit Ghose 07 February 2011 23233 Views

Though a conversation of about 7 minutes does not merit a detailed article, I thought it would be appropriate to jot and share a few lines about an interesting acquaintance and small conversation I had a couple of days earlier. I have a certain

Banks NPA and Impact on Indian Economy

Posted by nandini mishra 12 January 2011 93435 Views

BANKS NPA AND IMPACT ON INDIAN ECONOMY Introduction:- A well organized and efficient banking system is a pre-requisite for economic growth. Banks play an important role in the functioning of organized money market. in order to meet the banki

Auditor's Horrible Nights

Posted by Dilip K Raina 07 January 2011 15966 Views

Believe me or not with every breaking news with respect to fraud/misappropriation/ or untamed demands of different government authorities relating to earlier years the most effected and harassed person you will find is the auditor or the auditing

Practical approach on internal audit

Posted by Murtuza Roshan 05 January 2011 61104 Views

INTERNAL AUDIT FUNCTIONS Internal Audit is an audit conducted for & on the behalf of the management. The objective of the Audit is to Assist the management to discharge its responsibility effectively. Auditor wil

Fraud, Fraudster and Failure of System

Posted by nandini mishra 02 December 2010 11000 Views

Fraud, Fraudster and Failure of System Introduction:- My of article is based on only 3 words Fraud, Fraudster and Failure of system, means what is fraud, who is fraudster and what is the loophole in

Tax Audit for Individual Tax payers

Posted by CA. Chikkerur C R 02 October 2010 76692 Views

Article on Tax Audit for Individual Tax payers – for Beginners September month is a Tax audit month. Tax audit is popularly known 44AB audit. This article is intended to give insight on 44AB & help individual Tax payers (other than professi

Be aware your November exam is approaching..

Posted by CA.ViVeK M ACA 29 September 2010 18550 Views

Dear friends and members How you can success the forthcoming exam? Please borne in mind that better be late than never. This means even if you not did your studies well till this moment and start studies even today have also the chance of success.

Audit and fraud

Posted by SIVARAM CHOUDHURY 03 September 2010 15826 Views

WHAT IS FRAUD: In simple terms fraud is a mistake with a reason. To explain more Fraud is an activity by a person who does his duty in a wrong way or refrains from doing his duty for some favors i.e. financial, tangible, or anythin

Long Form Audit Report - LFAR

Posted by Anish Lakshman S 31 August 2010 66928 Views

Long Form Audit Report - LFAR Documents required to be kept in Audit file for Peer Review purpose 1. Cash Retention Limit duly certified by the Branch Manager; 2. A certificate from the Branch Manager stating that the excess cash holding is being re

Report on Satyam Fiasco

Posted by Vijay Kalia 30 August 2010 12013 Views

ICAI‘S SATYAM REPORT OF LITTLE USE – MCA DISMISSES- NEED WE BE COMPLACENTThe news is most disturbing and most of us seem to have taken it in their stride but being a senior member of the chartered accountant community, the news has shaken