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Browse Articles Audit Articles

Displaying 20 - 30 of 150 in 15 pages

Difference: Cost Compliance Report and Cost Audit Report

By navneet On 23 November 2012 at 11:20

Difference in applicability of Cost Compliance Report and Cost Audit Report New Cost Audit Orders and its Comparision with earlier orders By CMA Navneet Kumar Jain FCMA, MBA, LL.B., M.COM., PGDTL, LIII., AIIISLA With issue of various circulars, c...

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7 comments | 6367 hits


Petty Cash Guidelines

By Pankaj Gandhi Jaiswal On 22 November 2012 at 11:29

Record Management Cash book maintenance & closing of daily balances. Signature of PCA on daily closing balance at the end of day Daily Cash Report to be sent to SM Accounts/CFO/MD by Mail Hard Copy Filing of Daily...

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8 comments | 6365 hits


What is Statutory Audit?

By Pankaj Gandhi Jaiswal On 19 November 2012 at 11:44

What is Statutory Audit : By the meaning of word the statutory audit in India is the audit which is prescribed by statute. There is many audit in India which is prescribed by the different statute like Income Tax Act require audit as per him simi...

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15 comments | 13116 hits


What is Internal Audit?

By Pankaj Gandhi Jaiswal On 17 November 2012 at 12:14

When we run an Enterprize we be too busy in getting the goals or loosing the goals and become biased for the reason of success or failure. If we get success we think that we are strong and if we fail that then think that we...

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7 comments | 4738 hits


All about CAG

By CA Pooja Agarwal On 30 October 2012 at 11:54

CAGs Cannot Be Cheer Leaders Very recently, Indias national auditor has said the government should not expect it to be a cheerleader for all of its actions. Comptroller & Auditor General Vinod Rai took the opportunity of addressing his se...

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18 comments | 3400 hits


MCA to Review Cost Audit/Compliance Reports

By navneet On 24 October 2012 at 13:03

MCA to Review Cost Audit/Compliance Reports By CMA Navneet Kumar Jain FCMA, MBA, LL.B., M.COM., PGDTL., LIII., AIIISLA Festive season is on and the costing professionals along with Financial Heads of the organisations are busy in preparation of cos...

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0 comments | 4905 hits


Forensic Audit

By manoj On 20 October 2012 at 13:33

FORENSIC AUDIT-DEFINITION Forensic audit involves examination of legalities by blending the techniques of propriety , regularity and investigative and financial audits. The objective is to find out whether or not true business value has been reflect...

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10 comments | 5529 hits


Internal Audit- 'A Shift'

By Jitendra Jain On 03 October 2012 at 12:43

A shift from Conventional Internal Audit to Risk Based Internal Audit The present Internal Audit across small and mid-sized organisation involves a dry review of Purchase, Sales, Operations, Finance and Payroll fun...

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5 comments | 4425 hits


Audit of fixed assets

By *RENU SINGH * On 02 October 2012 at 13:06

Objectives:- Ensure that All Expenses which need to be capitalized are capitalized; Company is maintaining proper Records of Fixed Assets; Deprecation , Profit/Loss on Fixed Assets Correctly Calculated; Compliance of Ac...

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9 comments | 5731 hits


Risk Assessment of Marketing Function

By Sonia Jaspal On 11 September 2012 at 11:56

The global economy is facing turbulent times with US in recession, Europe in economic crises and emerging markets growth slowing down. Frequently organizations panic on hearing forecasts of looming recession. They cut down marketing budgets, innov...

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3 comments | 2351 hits



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