This article highlights the importance of internal audit specifically tailored for SMEs and how it can contribute to their overall success.
The term "Shared Services" refers to a particular function / service which is generally used by various operating units in an organization. For exampl..
Let's explore the importance of advisory services and how they empower SMEs to thrive.
Internal audit is a critical function within organizations that helps ensure effective governance, risk management, and control processes.
This article explores the significance of legal audits and provides real-world examples to underscore their importance.
In this article, the author has tried to list down the Specific Key Areas for auto and auto components sector.
The audit landscape in India is dominated by the top five professional services firms: EY, Deloitte, KPMG, PwC, and Walker Chandiok & Co. These firms oversee a significant number of audit assignments for Nifty-500 companies, accounting for 310 out of 498 assignments as of March 31, 2023.
In a significant development for the auditing industry, a revolutionary mechanism is set to transform the process of obtaining balance confirmations. A common balance confirmation portal is being introduced to provide statutory auditors with reliable "external confirmation of balances" for effectively auditing financial statements.
This article aims to emphasize the critical role of SAs in the audit process, highlighting Practical approach with example as a shield against potential storms of investigation and scrutiny.
The National Financial Reporting Authority (NFRA) recently issued an order highlighting significant deficiencies in the audit conducted by CA Rakesh Puri, who served as the Engagement Partner (EP) for the statutory audit of Sun and Shine Worldwide Limited (SSWL).
"Live Course on Python for Financial Analysis: Unlocking Efficiency in Accounting and Finance"