Audit Articles

Statutory Audit Explained: Purpose, Process & Benefits

Posted by Chetan Chauhan 26 December 2022 8122 Views

Understand statutory audits: discover their purpose, the step-by-step process, key advantages like enhanced credibility, and potential risks involved.

Understanding Materiality in Auditing: A Key Concept

Posted by Lavina Goyal 23 December 2022 25747 Views

Discover the importance of materiality in audits. Learn how auditors use it to ensure financial statements are reliable and decision-useful.

Audit and Accounts: Understanding Debits, Credits & More

Posted by P.R. Sethuraman 15 December 2022 2648 Views

Explore the fundamentals of audit and accounts, from debits and credits to risks and reconciliation. Learn how they ensure financial accuracy and transparency.

Audit of Sundry Debtors: A Comprehensive Guide

Posted by CA Ramanujan Sharma 30 November 2022 17133 Views

Learn how to effectively audit sundry debtors. Discover key procedures, verification steps, and best practices for ensuring accurate financial reporting.

Professional Skepticism: Audit's Core & Life's Essential Skill

Posted by Ishwin Kaur 19 November 2022 6818 Views

Discover the vital role of professional skepticism in auditing and everyday life. Cultivate a questioning mind and critical assessment for accuracy and safety.

Integrated Reporting: A Guide to Value Creation

Posted by Jyoti Mittal 04 November 2022 10517 Views

Discover integrated reporting: a holistic approach combining financial and sustainability performance to showcase value creation. Learn its benefits and key components.

Auditor's Report Non-Compliances: Key Issues Identified

Posted by CA Rakesh Ishi 24 October 2022 5653 Views

Discover common non-compliances in auditor's reports, including going concern, SA 700, EOM, and external confirmation issues. Ensure your reports are compliant....

MCA Cost Audit Report Review: A Warning for Auditors

Posted by CMA Navneet Kr Jain 14 October 2022 7834 Views

The MCA is reviewing Cost Audit Reports, issuing notices to companies and auditors. Understand the implications and prepare for data scrutiny. Read more.

Corporate Governance Audit: Essential Review Guide

Posted by Gopinath Vedula 04 October 2022 2740 Views

Conduct a thorough corporate governance review. Explore key areas like ESG, board composition, risk management, and ethics for better business performance.