Internal Audit Engagement Letter

News

Group formed pursuant to CAG report on performance audit


1 Pursuant to CAGs Report Performance Audit on Appreciation of Third Party Chartered Accountants Reporting in Assessment Proceedings for the year ended March 2014 the President in terms of the authori

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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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New thought paper released by IFAC tears down the risk management silo


With the increased volatility in the modern business environment and continuing effects of the financial and economic crises effective management of risk in organizationsincluding good internal contro

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


CLARIIFICATION ON AUDITORS REPORT IN RESPECT OF FINANCIAL STATEMENTS OF A COMPANY FOR ACCOUNTING YEARS BEGINNING BEFORE 1ST APRIL 2014 1 The Ministry of Corporate Affairs vide its General Circular No

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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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Experts Opinions

Audit of cooperatives society


can audit of housing cooperative society be done by any auditor or it is necassary to be on pannel fort the same please advice urgently

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Draft of new company auditor report


please share the draft of new company auditor report

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Audit report filling


one of the my friend purchase NGO in 2012 and till on this date the NGO not doing any activity so he think to not submitting and not audited his NGO but now he think to submit audit report and audit h

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Removal of auditor


WHAT ARE THE PROCEDURE TO REMOVE AN AUDITOR BEFORE THE AGM IN CASE OF A PRIVATE LIMTED COMPANY THE COMPANY SHOULD HOLD ITS AGM BEFORE 30th SEP 2015

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Audit u/s 44ab


Dear Experts Would audit u s 44AB get attract if purchase turnover is exceeding 1 crore and the sales were less then 1 crore rupees The lines of the act has mentioned the word Turnover but has not cla

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Discussion

What functions internal auditor cannot performed

hi i want to enquire about what functionsinternal auditor cannot perform while his tenure as internal auditor

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Complete ca final audit in 3.5 weeks - 22 daily classes

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Vikas oswal audit book for november 2015 exams

Hi All Vikas Oswals Auditing book for november 15 final exams is not available but the previous edition says from May 15 exams onwards can the same book be used or are there any major changes for nov

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First auditors

Is a Pvt Ltd is required to inform ROC about appointment of first auditors under new Companies ACT ADT 1 is required to be filed

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Tax audit of bank branch

Can anyone provide the checklist for the tax audit forms Form 3CA and 3CD of a bank branch Thanks in advance

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File Download

  • CA Final Law - Short notes

    CA final Law first 4 Chapters 1 Declaration and Payment of Dividend 2 Accounts And Audit 3 Appointment and Qualification of Director s 4 Appointment and Remuneration of Managerial Personnel

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  • CARO 2015 Format in word

    CARO 2015 Audit Report Format

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  • Summary-Applicability of Cost Audit and Records on Companies

    The applicability of cost audit and records has been mandated by the MCA by its notification dt 01 01 2015 but it has been seen that people from the corporate are not able to identify the applicability of rules in their company For the convenience of all the stakeholders We have prepared a summary on the applicability of rules which we would like to share with you for your information knowledge and documentation Please find the enclosed copy of summary and feel free for any further query

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  • Audit Manual 2014-15- Small & Medium Enterprises

    AUDIT MANUAL FOR SMALL AND MEDIUM ENTERPRISES CONTAINING USEFUL AUDIT TOOLS DULY UPDATED IN ACCORDANCE WITH COS ACT 2013

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  • CARO Format

    Companies Auditor Report Order 2015 format

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Articles

Unconventional internal audits - Litigation process


Internal Audit has been gaining importance over the years This has been due to a Statutory requirements including recent ones through the Companies Act 2013 like mandatory appointment of an Internal A


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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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Updated on : 7/8/2015 5:04:11 PM





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