foreign exchange audit

News

New and revised standards on auditing


Revised SA 700 Forming an Opinion and Reporting on Financial Statements New SA 701 Communicating Key Audit Matters in the Independent Auditors Report Revised SA 705 Modifications to the Opinion in the

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Preparation of Panel of CA and Firms having experience for Forensic Auditing


Central Bureau of Investigation CBI has sought the help of the Institute of Chartered Accountants of India for investigation of important Forensic Audit assignments Chartered Accountants firms having

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Draft rules for foreign tax credit


Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes Subject Draft rules for grant of Foreign Tax Credit reg The Income tax Act 1961 the Act provides that the Ce

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Simplification of procedure to deal with audit objections raised in indirect taxes by CAG


Central Board of Excise and Customs CBEC has issued a circular to simplify the procedure of dealing with audit objections raised in indirect taxes by the office of CAG The Circular rescinds all the pa

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Remedial action on revenue audit objections raised by CAG


Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes Sub Modification of Instruction No 9 2006 dealing with remedial action on Revenue Audit Objections not accep

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Experts Opinions

Audit short notes


can u plz send audit short notes for passing ipcc

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Transfer pricing audit


please tell me what points to be noted while conducting transfer pricing audit How to conduct transfer pricing audit

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Tax audit applicablity


Dear Expert I have a query in relation to Tax Audit applicability on Distributors of Brand One of My Friend is distributor of Airtel Company Where he distribute the Recharge Coupons Sim Cards Etc In l

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Audit of trust


A family trust running a business of labour supply What are the requirements in regarding audit and ITR

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audit report


what is the meaning of cash loss under audit report

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Discussion

Chit fund accounting & auditing

I am performing accounting of a chit fund company My queryis whether dividend distributed to members of chit is an expense or appropriation of profit How to account for it Which Accounting standard gu

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Din of foreign resident

Dear Experts Foreign National wants to start a business in India by forming an entity what could be best entity considering Indian Laws and repatriation clause of FEMA if they want to apply for DIN wh

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Query regarding approach to ipcc audit

Friends I am an ipcc student The institute has issued two study materials for auditing namely Auditing and assurance Standards on auditing auditing pronouncements First book is OK but second book seem

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Eligibility criteria for bank audits

Please guide for eligibility criteria for bank audits for a chartered accountant can a single chartered accountant take bank audits

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Internal audit of listed public company

Mr Ram is a Statutory Auditor of Subsidiary Company pvt ltd co of a listed public limited co He wants to take up internal audit of listed public limited co Whether it is violation of Section 144 of Co

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File Download

  • IND AS 21-The Effects of Changes in Foreign Exchange Rates

    An entity may carry on foreign activities in two ways It may have transactions in foreign currencies or it may have foreign operations In addition an entity may present its financial statements in a foreign currency The objective of this Standard is to prescribe how to include foreign currency transactions and foreign operations in the financial statements of an entity and how to translate financial statements into a presentation currency

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  • Risk based audit (RBA)

    Detailed approach on how to perform a RBA

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  • Statement on Impact of Audit Qualification under LODR

    Under Regu 33 and 52 of LODR Regulations format of Statement of Impact of Audit Qualification

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  • Disclosure of the Impact of Audit Qualifications by the List

    SEBI has put in place a mechanism to review the audit qualifications contained in the audit reports of the listed entities The detailed procedure for the same has been prescribed in Schedule VIII read with Regulation 33 and Regulation 52 of the SEBI Listing and Other Disclosure Requirements Regulations 2015 Listing Regulations and SEBI circular no CIR CFD CMD 15 2015 dated November 30 2015

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  • Finacle Commands for Bank Audit

    Important Finacle commands which will help you to perform bank audit effectively efficiently with maximization of available resources and time I hopy you will get maximum benefit from this file

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Articles

Procedure for Opening of Branch Office by Foreign Entity


ESTABLISHMENT OF BRANCH LIAISON OFFICES IN INDIA Ref Notification No FEMA 22 2000 RB dated 03rd May 2000 as amended from time to time Prohibition against establishment of branch or office in India by


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Audit of educational Institutions


Audit of books of educational institutions i e Schools Colleges Universities etc is known as audit of educational institutions This type of audit comes under the category of special audit Generally th


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Projected audit score and analysis of May 16 Audit paper


Exam days are busy days both for students professors Doubt solving morale boosting last minute tips and so on 6th May was a similar day as we had CA Final Audit Paper I was anxious how will be paper h


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Shocking observations on auditors of listed companies


Major changes were made in CA Act 1949 in year 2006 to improve quality of services given punish CAs who indulges in professional misconduct One of the very important change was introduction of Chapter


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Auditors Can Deliver Accurate, Swift Results with Integrated Business Intelligence Tools


When an enterprise engages in an audit process it must have access to data from numerous systems and sources This data will play a crucial role in gathering facts analyzing processes getting to the he


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Updated on : 6/6/2016 6:01:15 PM


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