Audit News

Amendment in revised Guidance Note on Audit of Consolidated Financial Statements

26 May 2017 at 12:36

I. The Council of ICAI at its 365th meeting held on May 17-19, 2017 considered a matter regarding amendment to paragraph 17 of Revised Guidance Note on Audit of Consolidated Financial Statements issued in October 2016. At the meeting, the Council not

Posted in Audit | 1 comments | 5460 Views

Implementation guide on Auditor's report

17 April 2017 at 11:45

Implementation Guide on Auditor’s Report under Rule 11(d) of Companies (Audit and Auditors) Amendment Rules, 2017 and Amendment to Schedule III to Companies Act, 2013(Pursuant to Notification No. G. S.R. 307(E) and Notification No. G.S.R. 308(E

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Highlight of the CAG report on Direct Taxes

06 April 2017 at 10:54

HighlightsThe Comptroller and Auditor General of India conducts the audit of Receipts from Direct Taxes of the Union Government under section 16 of the Comptroller Auditor General of India (Duties, Power and Conditions of Service) Act, 1971. This Rep

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Disclosure of specified bank notes in auditor's report

06 April 2017 at 10:54

Regarding disclosure requirement and reporting requirement in the Auditor’s Report that the company has provided requisite disclosures in its financial statements as to holdings as well as dealings in Specified Bank Notes during the period from

Posted in Audit | 10152 Views

Guidance Note on Audit of Banks 2017 released

27 February 2017 at 16:24

Guidance Note on Audit of Banks 2017 edition issued by the Auditing and Assurance Standards Board The Auditing and Assurance Standards Board of the ICAI has today issued the Guidance Note on Audit of Banks 2017 edition. For the benefit of the members

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Last date for online submission of CAG application extended to 23 Feb

15 February 2017 at 18:19

Last date of online submission of application on C&AG has been extended to 23-02-2017.

Posted in Audit | 6792 Views

Bank Branch Auditors Panel for the year 2016-17

20 January 2017 at 11:03

Dear Colleagues,Please find placed below Final Bank Branch Auditors' Panel of Chartered Accountants/firms for the year 2016-17. To view your category and remarks thereof, if any, please click on the relevant interval:. MEF00001-05000 MEF05001-100

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Draft Bank Branch Auditors Panel for the year 2016-17

29 December 2016 at 10:45

Draft Bank Branch Auditors Panel for the year 2016-17

Posted in Audit | 4251 Views

Annual report and audited accounts of ICAI

01 November 2016 at 10:30

67th Annual Report and Audited Annual Accounts of the Institute for the year ended 31st March, 2016In accordance with the provisions of sub-section (5B) of Section 18 of the Chartered Accountants Act, 1949, a copy of the Annual Report and Audited Acc

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Constitution of Expert Group by MCA to look into issues related to Audit firms

01 October 2016 at 12:08

F. No. 17/112/2016-CL-VGovernment of IndiaMinistry of Corporate AffairsDr. Rajendra Prasad Road, New Delhi � 110001Dated 30th September, 2016ORDERSub: Constitution of Expert Group to look into issues related to Audit firmsSeveral audit firms ha

Posted in Audit | 3474 Views