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Browse Articles Audit Articles

Displaying 110 - 120 of 150 in 15 pages

Cash Management: The role of the Internal Auditor

By Vikas Kalyanshetty, ACA On 27 August 2009 at 19:57

According to many industry experts the basic reason why many successful companies have collapsed is improper cash management. Having surplus cash in the current accounts are considered as a sign of efficiency of the companies but sitting on such larg...

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16 comments | 5562 hits


Internal Audit of Sub Con Dept of Engg Cos

By Vikas Kalyanshetty, ACA On 24 August 2009 at 13:59

Sub Contractor: A subcontractor is hired by a general contractor (or prime contractor) to perform a specific task as part of the overall project. The most common concept of a subcontractor is in building works and civil engineering. The incentive to ...

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2 comments | 2288 hits


Resolutions, Notices, letters related with Statutory Auditor

By Ankur Garg On 17 August 2009 at 19:04

Dear All, Please find below all the resolutions, notices, letters connected with Statutory Auditor under Section 224, 225, 228, 233A and 233B the Companies Act, 1956 at one place for your reference and record. Kindly excuse me if you find any typing ...

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36 comments | 40140 hits


TRUE & FAIR AUDITING - AN INSIGHT!!

By CA. Harsh Rathi On 25 July 2009 at 13:36

”TRUE & FAIR” AUDITING – AN INSIGHT! BY: CA. HARSH RAMNIWAS RATHIM. NO. 126391AHMEDABAD Imagine the following scenario: A multinational multilocational Fortune 500 company is being audited by one of the top auditing firms in the...

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6 comments | 3438 hits


Audit Sampling

By suparna k s On 12 May 2009 at 17:06

Audit sampling Scope and objective of Audit samplingThe scope of sampling is determined by audit objectives, audit evidence and audit procedures. The purpose of this standard is to establish standards on the design and selection of an audit sample a...

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9 comments | 5329 hits


AUDIT UNDER COMPANIES ACT,1956

By Jaideep On 20 March 2009 at 14:25

AN OVERVIEW RELATING TO AUDIT UNDER THE COMPANIES ACT, 1956 Audit of Annual Accounts of a company is compulsory and is indispensable part of incorporated business. Those who carry on business with the other people’s money have to be accountab...

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6 comments | 25979 hits


Format of Auditors Report

By CA.Tarun Maheshwari On 10 February 2009 at 22:14

Auditor’s Report to the Members of ………………(name of the Company)We have audited the attached Balance Sheet of……………….(name of the Company), as at 31st March, 2XXX...

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5 comments | 12659 hits


dereciation rate as per companies act

By CA Rahul Verma On 10 February 2009 at 15:40

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2 comments | 2639 hits


Depreciation rate as per companies act

By CA Rahul Verma On 10 February 2009 at 15:11

 RATES OF DEPRECIATION UNDER COMPANIES ACTSCHEDULE XIV[See sections 250 and 350] RATES OF DEPRECIATION__________________________________________________________________________   Single Shift  Double Shift  Triple Shift           Nature of Assets    ...

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1 comments | 46042 hits


Environmental Audit

By Ravikumar.G On 11 October 2008 at 10:51

Environmental reporting deals with the disclosure by an entity of environmentally related data like environmental risks, impacts, policies, strategies, targets, costs etc to those who have an interest in such information as an aid to enabling / enric...

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1 comments | 2910 hits



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