Audit Articles

Internal Audit as per Companies Act 2013

Posted by CS Mallika Gupta 29 November 2023 403134 Views

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.

How to Start an Audit of a Listed Entity?

Posted by CA Aman Rajput 27 November 2023 534 Views

In this article, we will discuss the step-by-step process of initiating an audit of a listed entity.

Standards on Auditing for LLPs by ICAI

Posted by CA Aman Rajput 24 November 2023 4347 Views

ICAI has proposed Standards on Auditing for Limited Liability Partnerships (LLPs), let's discuss this with explanation of each SA applicable to LLPs

Cost Audit and Cost Records Applicability 2022-23

Posted by CMA Navneet Kr Jain 21 November 2023 168341 Views

Through this article, we have tried to answer most of queries which a company can have with regard to cost records applicability or cost audit.

What is audit and what are the different types of audits?

Posted by Taxblock 20 September 2023 6654 Views

Audit is the activity of evolution and determine the financial, operational and strategic goals and exercise in an organizations to decide if the organization is in accordance with the rules and regulations.

Crucial role of internal auditor in educational institution

Posted by CA Amrita Chattopadhyay 02 September 2023 2653 Views

In an era where educational institutions play a pivotal role in shaping the future of individuals and societies, ensuring transparency, accountability, and qual...

Mastering Purchase Reconciliation: A Guide to Efficiency and Insight

Posted by Nikita Agarwal 23 August 2023 2162 Views

Balancing the Books: Exploring the How-To and Why-It-Matters of Reconciling Purchases with the Purchase Register

Vertical Analysis of the Income Statement

Posted by Swathi Reddy 07 August 2023 3891 Views

Vertical analysis is a way to analyze financial statements. It shows each item as a percentage of a base figure. It is easy to understand. In this type of analysis, all income statement items are shown as a percentage of Sales.

Step wise Human Resource Audit with Checklist and its Benefits

Posted by Nikita Agarwal 03 August 2023 12253 Views

A human resource audit is a comprehensive review and evaluation of an organization's HR policies, practices, and procedures. It helps identify strengths, weaknesses, and areas for improvement in the HR function.

Tax Audit Applicability - A Guide

Posted by CA Ruby Bansal 01 August 2023 4832 Views

Tax audit refers to the examination and verification of a taxpayer's financial records, transactions, and other relevant information to ensure that they hav