Articles by CA Amrita Chattopadhyay

Highlights on Data Protection Bill, 2022

CA Amrita Chattopadhyay 05 December 2022 at 12:05

With the world going digital and geographical boundaries getting blurred day by day, data plays a very important role. The digital world contains `personal, p..

Implementing Governance, Risk & Compliance (GRC) in an organization

CA Amrita Chattopadhyay 12 November 2022 at 17:51

Most of the organization till date view the risk, governance and compliance in Silo resulting in miscommunication, inter-departmental tensions and lack of integrated approach which mostly results in inefficiencies.

Identification of Green flags in Audit of Financial Statement

CA Amrita Chattopadhyay 20 August 2022 at 16:32

While conducting the audit of financial statement and fraud investigation it is imperative for the auditor to focus his attention not only for the RED Flags but also to draw his attention towards the green flags in the financial statements and the operations in the organization.

Why interview skills are important during audit?

CA Amrita Chattopadhyay 02 July 2022 at 12:38

As an auditor who needs to conduct the audit as per the auditing standards prescribed by ICAI, it is important for the auditor to have proper planning of the audit, execution and collecting of evidences as per the audit plan and reporting the findings to the management or Those Charged with Governance.

Why should auditor of financial statement be concerned about cyber security?

CA Amrita Chattopadhyay 08 June 2022 at 12:43

With the fast-changing business environment and the fast-paced change in the technology and the way business is being conducted, it becomes important for the auditors to also keep in pace with the rapid changes taking place and adopt technology while conducting audits.

Auditing Social Media

CA Amrita Chattopadhyay 04 April 2022 at 16:54

The social media has emerged as a strong interactive platform and it has started to make a huge positive impact on the society. Almost everyone today has a Face..

Why is it important to consider cyber risk in risk assessment procedure during audit

CA Amrita Chattopadhyay 05 March 2022 at 11:16

The importance of cyber risk assessment has increased manifold due to the pandemic. Some of the cyber threats which has developed over the last two years during the pandemic were the ransomware where the attack has increased by 150% due to the "Work from home" culture.