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Important Principles enunciated in Standards on Auditing

  CA Rakesh Ishi    30 March 2023 at 12:11

Auditing standards play a significant role in the auditing profession. Among the important auditing standards, SA 700, SA 705, and SA 530 provide guidance for the auditor's opinion.

Posted in Audit |   3929 Views


Bank Branch Audit: A New Approach

  CA. Peeyush Sharma    29 March 2023 at 08:50

Bank branch audits are a critical component of the banking industry, as they help to ensure that financial institutions are operating in compliance with laws and regulations, safeguarding customer assets, and maintaining the integrity of the financial system.

Posted in Audit |   7172 Views


Forensic Audit of ABC Automobiles Private Limited on Receivables

  CA Praveen Bisht    25 March 2023 at 09:08

I have given an attempt to draft a Forensic Audit Report with every care to ensure accuracy.

Posted in Audit |   2706 Views


Detecting Fictitious Sales: A Guide to Identifying Red Flags and Protecting Your Business

  Rashmi    28 February 2023 at 08:44

Identifying fictitious sales can be a challenging task, but there are several ways to detect red flags that may indicate the presence of fictitious sales.

Posted in Audit  1 comments |   5997 Views


Audit of Charitable Institutions

  Abhishek Kumar    20 February 2023 at 08:54

Charitable Institutions refer to those organizations which are constituted and worked for the purpose of public charity.

Posted in Audit  1 comments |   17343 Views


Importance of Follow up procedure in Internal Audit

  CA Amrita Chattopadhyay    09 February 2023 at 12:47

Internal audit is a process which provides assurance to the management regarding company’s risk management, control procedures and their operational efficiency.

Posted in Audit  4 comments |   8798 Views


Forensic Accounting vs Normal Auditing: A Comparative Analyses

  SAMIR CHAUDHARY    07 February 2023 at 11:39

Forensic Accounting is an emerging field for professionals. It is somewhat different than other conventional accounting and auditing practices.

Posted in Audit |   12845 Views


Comments On Publication Of Annual Transparency Reports By Auditor/Audit Firms

  kotte murali krishna    24 January 2023 at 12:13

DHFL has diverted Rs 34,615Cr borrowed from banks. The CBI has alleged that DHFL‘s promoters formed 87 shall companies, created more than 2,60,000 "Fictitious borrowers' and set up "Virtual Branch "to divert money borrowed from banks".

Posted in Audit |   1762 Views


Appointment Process Of Cost Auditor

  Chetan Chauhan    13 January 2023 at 17:23

An appointment of a cost auditor refers to the process of appointing an independent expert to review and assess the costs incurred in a legal matter.

Posted in Audit |   11796 Views


Cost Auditing & its Process

  Suhasini    13 January 2023 at 17:23

Cost auditing is the process of examining and verifying the accuracy and completeness of a company's cost accounting records.

Posted in Audit  1 comments |   13532 Views