Audit Articles
Emerging Risk Areas In Internal Audit Due To COVID Pandemic
The COVID 19 pandemic has bought unprecedented changes and uncertainties in the in the business environment. It had disrupted lives / labour force, business operations, insolvency risks, resulted in inflation and supply chain.
Bank Stock and Receivable Audit: An Overview
In this article, the author has tried to throw some light on the procedure to be followed while conducting stock and receivable audits in a brief manner
Important amendments to IRAC norms for Bank Branch Auditors 2022
The RBI had issued certain clarifications vide its notification dated 12th Nov 2021 with a purpose to more accurately interpret the extant IRAC norms which we must keep in mind while conducting branch audits this time.
Auditing Social Media
The social media has emerged as a strong interactive platform and it has started to make a huge positive impact on the society. Almost everyone today has a Face...
Bank audit of working capital loan limits
The SBA should verify the details of stock statement dated 31st March of 2021 submitted to the bank and the values of drawing power claimed therein with the values reported in audited balance sheet of 31-03-2021
Appointment of Auditor in Casual Vacancy in an OPC
Let us discuss how to appoint an auditor in casual vacancy in an OPC
Concept & Meaning of Turnover in Tax Audit
'Turnover', 'Gross Receipts' and 'Sales' are the buzzwords during this Tax Audit season. Incidentally, they are the very starting point of a Tax Audit. They form the qualifying criteria, determine whether a taxpayer is liable to tax audit during a given year.
Why is it important to consider cyber risk in risk assessment procedure during audit
The importance of cyber risk assessment has increased manifold due to the pandemic. Some of the cyber threats which has developed over the last two years during the pandemic were the ransomware where the attack has increased by 150% due to the "Work from home" culture.
Audit Quality Maturity Model V 1.0 - Requirements For Human Resource Management
Audit Quality Maturity Model (AQMM) is a tool for self-evaluation of audit firms & sole proprietor towards technological driven mechanism to increase the operational efficiency.
Consideration of cyber security controls in the audit program
This article aids in providing to understand the cyber risk and the audit approach by the auditors to comply with SA 315.
Popular Articles
- Senior Citizen Saving Scheme From 1 July 2026 with 5 New Rules
- Income Tax Slab for Senior Citizens Above 60 Years for AY 2026-27: With Deductions, Rebates and Examples
- TDS on Cash Withdrawals 2026: Excess vs. Entire Amount
- Input Tax Credit Under GST: The One Provision Where a Buyer Pays for a Supplier's Default
- 143(2) Scrutiny Notice Received: What is it and How to Respond Online?
- New Interest Rates on Post Office Schemes from 1 July 2026
- Best Fixed Deposit Interest Rates 2026 for General and Senior Citizens: Check Which Bank Gives Higher Returns?
- F&O, Intraday and Share Trading Losses: How to Claim Maximum Tax Benefit Through ITR-3, Set-off and Carry Forward
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
