Audit News

CAASB releases Exposure Draft of the Revised SCAs seeking public comments till June 23, 2022

03 June 2022 at 08:39

Second Proviso to Section 148(3) of the Companies Act, 2013 states that the auditor conducting cost audit shall comply with the cost auditing standards.

Posted in Audit | 2598 Views

ICAI organizes programme to provide extensive understanding of AQMM v 1.0 for prospective trainers

19 May 2022 at 08:44

One Day Train the Trainer Programme for prospective trainers for "The Audit Quality Maturity Model v 1.0."

Posted in Audit | 4011 Views

ICAI forms an Expert Panel for addressing queries related to Statutory Audit pertaining to Auditing Aspects

16 April 2022 at 08:22

Board has formed an Expert Panel who will provide technical support to the members with respect to their queries and concerns on auditing aspects.

Posted in Audit | 1 comments | 3426 Views

ICAI invites for Expression of Interest for Empanelment as Subject Matter Expert in the Statutory Audit of Entities pertaining to Auditing Aspects

11 April 2022 at 08:28

Invitation for Expression of Interest for Empanelment as Subject Matter Expert in the Statutory Audit of Entities pertaining to Auditing Aspects

Posted in Audit | 2409 Views

ICAI releases 2022 edition of guidance note on audit of banks

11 February 2022 at 08:56

Guidance Note on Audit of Banks (2022 Edition)

Posted in Audit | 3753 Views

ICAI releases Draft Bank Branch Auditors' Panel of CAs/Firms for the year 2021-22

17 January 2022 at 08:38

We are pleased to inform that the Draft Bank Branch Auditors' Panel(MEF) of Chartered Accountants/firms for the year 2021-22 has been hosted at www.meficai.org

Posted in Audit | 2 comments | 3909 Views

AAP MP ND Gupta Requests FM Nirmala Sitharaman to Extend Tax Audit Filing Due Date

11 January 2022 at 08:40

ND Gupta, Rajya Sabha MP and Member in Standing Committee of Petroleum & Natural Gas has written a letter to Finance Minister Nirmala Sitharaman and has sought an extension in the tax audit filing date for the current assessment year.

Posted in Audit | 7707 Views

ICAI seeks waiver of penalty for filing of tax audit till 31st March 2022

10 January 2022 at 10:19

Keeping the interest of Professionals and Tax payers ICAI has seeked a waiver of penalty to file various reports under the Income Tax Act, 1961 upto 31st March,2022.

Posted in Audit | 9168 Views

NFRA extends the last date for submission of comments on its Consultation Paper on Statutory Audit

10 November 2021 at 08:38

Consultation Paper on Statutory Audit and Auditing Standards for Micro, Small and Medium Companies (MSMCs) – extension of last date for submission of comments to 30th November 2021.

Posted in Audit | 1 comments | 2307 Views

Government contemplate ban on Non audit services to audit clients

08 November 2021 at 11:25

MCA may take serious steps to safeguard the interests of the Statutory auditors. Firms auditing the accounts of public interest entities such as listed or large unlisted companies could be debarred from providing non audit services to them.

Posted in Audit | 9315 Views