Audit Articles

Auditor's Nightmare

Dilip K Raina 25 April 2011 at 15:16

Believe it or not, with every breaking news with respect to fraud/misappropriation/or untenable and unreasonable demands of different government authorities, the most affected and harassed person, now a days, is the auditor or the auditing firm who

Critical analysis of section 44AD

PINKESH JAIN 08 March 2011 at 10:50

Critical Analysis of New Section 44AD (inserted by Finance (No 2)Act, 2010) Till the 31st March,2010, the Chapter Profit & gains of Small business on Presumptive Basis was having majorly 3 sections for Indian entities. Section 44AD civil construct

Audit Sampling (boon to auditors)

CA Yashwanth Lathore 07 March 2011 at 11:12

Introduction: Traditionally, an audit was conducted to check all the transactions without any exception in the programme. Obviously it was a wasteful exercise since the time and cost involved in it and the result obtained out of it was not that much

Audit Programme of Small Bank Branches

CA KRISHNA KUMAR DARUKA 02 March 2011 at 12:05

AUDIT PROGRAM OF SMALL BRANCHES OF BANKS By CA Krishna Kumar Daruka Friends the bank audit time is nearing.

Audit Procedure for the Manufacturing Concerns

CA Madhukiran Reddy 19 February 2011 at 11:14

Hi Friends this is my first article which I writing about audit procedure to be followed to while carrying audit to the Manufacturing Companies. So Without any other deviation/discussion, let us directly go into the procedure 1) Has to know

An Auditor for 60 years

Arijit Ghose 07 February 2011 at 11:18

Though a conversation of about 7 minutes does not merit a detailed article, I thought it would be appropriate to jot and share a few lines about an interesting acquaintance and small conversation I had a couple of days earlier. I have a certain

Banks NPA and Impact on Indian Economy

nandini mishra 12 January 2011 at 12:36

BANKS NPA AND IMPACT ON INDIAN ECONOMY Introduction:- A well organized and efficient banking system is a pre-requisite for economic growth. Banks play an important role in the functioning of organized money market. in order to meet the banki

Auditor's Horrible Nights

Dilip K Raina 07 January 2011 at 12:47

Believe me or not with every breaking news with respect to fraud/misappropriation/ or untamed demands of different government authorities relating to earlier years the most effected and harassed person you will find is the auditor or the auditing

Practical approach on internal audit

Murtuza Roshan 05 January 2011 at 12:11

INTERNAL AUDIT FUNCTIONS Internal Audit is an audit conducted for & on the behalf of the management. The objective of the Audit is to Assist the management to discharge its responsibility effectively. Auditor wil

Fraud, Fraudster and Failure of System

nandini mishra 02 December 2010 at 13:00

Fraud, Fraudster and Failure of System Introduction:- My of article is based on only 3 words Fraud, Fraudster and Failure of system, means what is fraud, who is fraudster and what is the loophole in