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


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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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Experts Opinions

Bank audit

how foreign currency exchange is checked in bank audit

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What is the percentage of ipcc results and among those how many are through self study and how many are through coaching class effect Will it work if I prefer self study

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Appointment of auditor

In a Pvt Co where rotation of auditors is not mandatory the auditors were reappointed in AGM in September 2014 for 1 year instead of 5 years Can the auditors now be reappointed for 4 years in the AGM

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Best audit books for ipcc

please suggest me best book of auditing of IPCC for the purpose clear exam i have also read with surabhi bansal book in last attempt

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Regarding audit range

Dear Sir s Please tell me the Audit Range for Newly started Firm Sales not morethan 1 Crore Thank You Laxman Khatri Dewas MP

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Tracking auditor changes

Hi All I am trying to identify how we can track all the auditor changes for all public limitied companies in India I do understand that auditor has to file for FORM 23B for accepting as an auditor for

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Allahabad bank stock audit 2015-2016

Allahabad Bank Stock Audit 2015 2016 Read more at http goo gl o47TiV www ngoandtaxconsultant in

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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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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


  • 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


  • Guidance note on Internal Audit of Telecommunication

    Guidance note on Internal Audit of Telecommunication Industrt


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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 : 6/26/2015 8:05:10 AM