Articles by CA Amrita Chattopadhyay

Digital Personal Data Protection Act 2023: Scope And Key Terms

CA Amrita Chattopadhyay 03 October 2023 at 08:53

In a pivotal stride towards safeguarding digital data and its intrinsic privacy, the Digital Personal Data Protection Act of 2023 has finally come to fruition. ..

Crucial role of internal auditor in educational institution

CA Amrita Chattopadhyay 02 September 2023 at 11:47

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

How Can Chartered Accountants Effectively Advertise Their Services in Digital Medium

CA Amrita Chattopadhyay 16 August 2023 at 13:09

In line with the guidelines set forth by the Institute of Chartered Accountants of India, let's explore various strategies that Chartered Accountants can adopt to ethically and effectively communicate their services

Role Of Auditor: Balancing Audit Procedures And Professional Skepticism

CA Amrita Chattopadhyay 01 August 2023 at 12:44

This article delves into the significance of auditors' role in the financial ecosystem, emphasizing the delicate balance between conducting thorough audits and staying vigilant against potentially fraudulent activities.

Auditing Of Shared Services

CA Amrita Chattopadhyay 01 July 2023 at 12:12

The term "Shared Services" refers to a particular function / service which is generally used by various operating units in an organization. For exampl..

Third Party Risk Assessment

CA Amrita Chattopadhyay 03 June 2023 at 09:54

The third-party risk assessment which is also generally known as the supplier risk assessment as most of the risk assessment are done for the associated supplier.

Audit Trail and Importance of Access Control

CA Amrita Chattopadhyay 04 May 2023 at 11:55

The Ministry of Corporate Affairs vide notification dated March 24, 2021 issued the Companies (Audit and Auditors) Amendment Rules, 2021 which made various changes in Rule 11 of the Companies (Audit and Auditors) Rules, 2014.

Automated Controls and Audit Trail

CA Amrita Chattopadhyay 07 April 2023 at 12:31

Finance & Accounting field has seen a shift change in the last two decades. From basic manual-driven cars to cruise controls, and thereafter autonomous crui..

Importance of Follow up procedure in Internal Audit

CA Amrita Chattopadhyay 09 February 2023 at 12:47

Internal audit is a process which provides assurance to the management regarding company’s risk management, control procedures and their operational efficiency.

Additional methods for detection of fraud in the financial statement

CA Amrita Chattopadhyay 03 January 2023 at 13:07

The new way of conducting the business has forced auditors to adopt new thinking, new multi-dimensional approach and new tools to conduct the audit of financial statement.