internal audit scope

News

MCA issues order regarding rotation of auditors


Ministry of Corporate Affairs has issued Companies Third Removal of Difficulty Order 2016 regarding applicability of the provisions of Rotation of Auditors as per Section 139 2 of the Companies Act 20

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Clarification regarding threshold Limit of tax audit under section 44AB and 44AD


Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes New Delhi the 20th June 2016 Sub Threshold Limit of tax audit under section 44AB and section 44AD clarificat

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Draft GST law released by Ministry of Finance


GOODS AND SERVICES TAX ACT 2016 CHAPTER I PRELIMINARY 1 Short title extent and commencement 2 Definitions 3 Meaning and scope of supply CHAPTER II ADMINISTRATION 4 Classes of officers under the Centra

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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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Experts Opinions

Ca final audit ref book for nov 2016?


How is vinod kumar agrawal book for auditing for ca final Pdhuka s available for nov 2016 exam

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Audit report


PLEASE GIVE ME A FORMAT OF FILLED 3CB 3CD

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Regarding audit of labour contract cooperative society


Please any one tell me that a labour contract cooperative society is liable to audit if yes is there any limits and what are the tax rates and can apply sec 80P a vi

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Audit required in case of loss in partnership firm


IN 1ST YEAR OF ITS BUSINESS ABC ENTERPRISE PARTNERSHIP FIRM GROSS TURNOVER IS Rs 5 20 000 AND IT TOTAL EXPENSE IS 6 00 000 NOW IN THIS CASE FIRM HAS REQUIRED TO DO AUDIT OR FIRM CAN SIMPLY FILE ITR 5

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Rotation of auditors


26th July 2016 A closely held public limited company has paid up capital of Rs 12 00 crores As per new companies act 2013 the company is required to rotate its statutory auditors As on the date of com

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Discussion

Checking of ca final audit paper

Hello Can anyone know in which manner one can get the good marks in Audit Can this subject requires the exact language or the main keywords only I also want to know that how the examiner checks the Au

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Stock in trade meaning in 3cd audit report whille calculating ratio

Hello Can anyone provide me the answer whether Stock in Trade Turnover ratio in 3CD includes Trading Goods stock also or it only includes the Finished goods stock only If some one is doing only Tradin

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Rotation of auditors

26th July 2016 A closely held public limited company has paid up capital of Rs 12 00 crores As per new companies act 2013 the company is required to rotate its statutory auditors As on the date of com

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Audit ca final

How is Pankaj Garg sir Book for audit ca final I am doing Surbhi Bansal mam book from last three attempts but not able to score good marks Please suggest

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Tax audit

I want to know the category of audit whether it is a tax audit or any other audit under which the person will fall if a person has a turnover of less than one crore and he claims net profit above 8 If

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  • Ind AS 10 Event Occurring After the Reporting Period

    This has Objective Scope Definitions Adjusting and Non Adjusting Events Examples Special treatment of Dividend and Going Concern Disclosure

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  • Standards on Auditing

    STANDARDS ON AUDIT IN CHART

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  • Ind AS 7 "Statement of Cash Flows"

    This is the summary of Ind AS 7 It prescribes Objective Scope Operating Activities Investing Activities Financing Activities Some Specific Terms like foreign exchange fluctuation Interest Dividend etc

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  • IPCC auditing May 16 suggested answers

    I spent m valuable time to compile the answers I hope you find useful If u dont like it please don t see it

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  • Tax Audit Programme AY16-17

    Tax Audit Programme for PY 15 16 AY16 17 covering ICDS although not applicable and 3CD reporting

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Articles

Analysis of Audit (CA Final) Paper for May 16 Exams


Paper Analysis Suggested Answers Common Mistakes CA Final May 2016 Exams Generally audit paper from past 4 attempts was of 7 pages but this time it increase to 11 pages 57 increase Questions of around


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Service Tax Audits by Department - Legal Position


INTRODUCTION Service Tax law operates under the concept of self assessment wherein the assessee self assesses his tax position and pays the service tax dues at periodic intervals prescribed therein De


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Forensic Audit - A Modern Day Thrust and Thirst


Introduction In the recent past more so in the previous decade accounting and auditing community witnessed and in fact confronted and gone through scandals emanating from fraudulent and manipulative d


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Audit and Auditor as per Companies Act, 2013


Chapter X of the Companies Act 2013 deals with Audit and Auditors Section 139 Appointment of Auditors 1 Every Company shall at the First Annual General Meeting appoint an Individual or firm as an Audi


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CSR - Auditors' Responsibility to Qualify in Audit Report


Corporate Social Responsibility CSR is a mandatory spend stipulated by the legislation which requires the Board of Companies that falls within the criteria specified in 135 1 of the Companies Act 2013


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Updated on : 7/27/2016 9:15:27 AM


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