Audit Articles

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.

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.

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.

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".

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.

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.

Audit Report & its Format

Suhasini 12 January 2023 at 16:35

An audit report is a document that presents the findings of an audit. Audits are conducted to assess the accuracy and compliance of financial statements and records and an audit report is the written documentation of the auditor's findings and conclusions.