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Ceiling limit of 20 statutory audit increased

Ministry of Corporate Affairs has issued Notification dated June 5 2015 exempting the maximum ceiling of 20 companies as provided in clause g of sub section 3 of Section 141 of the Companies Act 2013

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Clarification on auditor report in respect of financial statements of a company


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The Companies (Auditors Report) Order, 2015

The Companies Auditors Report Order 2015 Please refer to the attached file for details

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CARO 2003 and additional reporting under new Companies Act

ANNOUNCEMENT ON CARO 2003 AND ADDITIONAL REPORTING UNDER THE COMPANIES ACT 2013 We are receiving queries from the members regarding applicability of CARO 2003 along with Auditors Report on financial s

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Expert panel constituted for addressing bank branch audit related queries

Auditing Assurance standards board constitutes expert panelfor addressing bank branch audit related queries for the Financial Year 2014 15 Dear Members The bank audit season is around the corner Given

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Experts Opinions

Difference management v/s internal auditor

Can any one please provide the difference between Management and internal auditor How we can differentiate both

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Solution for clubbing of income - acceptable or not ?

Sir please give your kind guidance in below mentioned case An amount was transferred by a husband to his wife s bank account for generating interest income But later he realized that if wife earns int

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Kyc audit

If fixed deposit account is opened then there is no necessity to provide any documents as KYC While doing KYC audit bank manager explain me that there no need to ask a documents for FDR as documents i

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Format of audit report.

Dear Sir Would you Please send the format of Audit Report and Format of financial Statements

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Con current audit of bank

plz provide finnacle short key of bank

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Ads in ca club website

Dear All As every one this is a 100 professional website but every one needs money to run any activity and more ads appear in this website What is so sad some of the ads are not professionally posted

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what is forensic audit can a non CA conduct such kinds of audit

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Audit u/s 44ab

Assessee is dealer in edible oil n he is also having brokerage income of dealing in property whether audit u s 44AB is required if turnover is less than 1cr n delaring profit less than 8

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Consequence of failure to appoint an auditor at an

what can be the consequences of failure to appoint an auditor of a company at an Agm

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Auditor appointment

Is it possible to resign an auditors firm and appoint an individual partner of the same auditors firm as an auditor of the company at an EGM

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File Download

  • CA final Audit for Nov. 2015 Onward

    Thanks you to all CA Student for their wonderful response to my first Edition A Complete Guide for Advanced Auditing CA Final I am happy to announced that my Second Edition has been released available online from today onwards It will be available soon at leading book store all over India Further this book cover entire syllabus in less than 600 pages with shorts Notes Student reading first time can read full syllabus in just 2 weeks revise whole syllabus in just 2 days It will help students to secure maximum marks in minimum time frame Best of Luck for upcoming CA Exams CA Sumit Aggarwal


  • CA final Law paper 1-3 Chapters Short notes

    Selected Notified Defonitions Under The Companies Act 2013 Chapter 1 Declaration and Payment of Dividend 2 Accounts and Audit 3 Appointment and Qualifications of the Directors


  • Amendments in Return Filling A.Y. 2015-16

    Amendments in Return Filling A Y 2015 16 Read more at http www caclubindia com share files files upload form asp


  • Format Audit Report and Caro for FY - 2014-15 in EXCEL

    Audit Report and Caro for FY 2014 15 in EXCEL


  • Guidance note on Internal Audit of Power Industry

    Guidance note on Internal Audit of Power Industry


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Audit under banking environment

Banking sector The IT saga in Indian banking commenced from the mid eighties of the twentieth century when the RESERVE BANK took itself the task of promoting automation in banking to improve customer

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FAQ on New Companies Act, 2013- Auditor's Restricted Services

1 Our firm also renders accounting services for a client for the year 2014 15 Can we be the auditor for the year 2014 15 According to Sec 144 an auditor appointed under this Act is bound by the Board

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Importance of written representation in Audit

Introduction Companies Act 2013 has increased the responsibility of the auditor to manifold The auditor has to take into consideration many factors while issuing report to the members of the company A

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History of tax audit

Tax audit was introduced in the year 1984 The main purpose was to ensure the accuracy of books of accounts maintained which forms the basis of computation of income of the assesse The onerous responsi

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Reporting under cost audit aligned with eight digit central excise tariff code

Reporting Under Cost Audit aligned with Eight Digit Central Excise Tariff Code for Manufacturing SectorFrom 2014 15 India is a country which introduced the concept of Cost Audits for the corporates Ti

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Updated on : 6/24/2015 3:37:10 PM

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