Audit Articles

NFRA Audit Importance for Small Businesses

Posted by CA. (Dr.) Rajkumar Adukia 02 May 2022 4387 Views

Discover why statutory audits are crucial for even the smallest enterprises and understand the NFRA's role in financial reporting oversight. Learn more!

COVID-19: New Risks for Internal Audit

Posted by CA Amrita Chattopadhyay 01 May 2022 3044 Views

Discover emerging risk areas in internal audit post-COVID-19, including IT security, regulatory changes, digitisation, financial risks, supply chain strains, and employee safety.

Bank Stock & Receivable Audit: A Banker's Guide

Posted by CA Ramanujan Sharma 26 April 2022 18663 Views

Understand bank stock and receivable audits. Learn what bankers look for, key documents, and crucial checks for effective working capital finance.

RBI IRAC Norms Amendments for Bank Branch Auditors

Posted by CA Mahesh Bansal 05 April 2022 2950 Views

Understand key RBI IRAC norm amendments for bank branch auditors in 2022. Learn about NPA classification, interest reversal, and provisioning.

Social Media Auditing: Enhance Governance & Strategy

Posted by CA Amrita Chattopadhyay 04 April 2022 3512 Views

Discover how social media auditing adds value by assessing capabilities, aligning strategy with business objectives, and identifying risks. Improve governance today.

Bank Audit of Working Capital Loan Limits Explained

Posted by Kotte Murali Krishna 25 March 2022 8421 Views

Understand bank audits for working capital loan limits. Learn how to verify drawing power, check working capital margins, and report fund diversions.

Appointing Auditor in OPC Casual Vacancy

Posted by CS Tanveer Singh Saluja 20 March 2022 2335 Views

Learn how to appoint an auditor to fill a casual vacancy in a One Person Company (OPC) according to the Companies Act, 2013. Get clear guidance.

Turnover in Tax Audit: Meaning & Calculation Guide

Posted by CA.R.S.KALRA 14 March 2022 11783 Views

Understand the meaning of turnover in tax audits. Learn how to calculate gross receipts and sales for Section 44AB compliance in the UK.

Cyber Risk in Audit: Why It's Crucial for Risk Assessment

Posted by CA Amrita Chattopadhyay 05 March 2022 2807 Views

Discover why cyber risk assessment is vital during audits, especially with remote work. Learn how auditors must adapt to new threats and standards.

Audit HR Management: AQMM V1.0 Requirements

Posted by CA Amrita Chattopadhyay 16 February 2022 2419 Views

Discover the Human Resource Management requirements for the Audit Quality Maturity Model V1.0. Ensure your firm meets standards for employee planning, training, and performance.