Audit Articles
NFRA Consultation: Statutory Audit for MSMCs
Read expert comments on NFRA's consultation paper regarding statutory audits and auditing standards for Micro, Small, and Medium Companies (MSMCs). Learn why audits are crucial.
NFRA Consultation on Statutory Audits: Pros & Cons
Explore the NFRA's consultation paper on statutory audits for MSMEs. Understand the pros and cons of exempting smaller companies and the implications.
Opposing Statutory Audit Abolition for MSMCs: CA Rohit Kapoor's Letter
CA Rohit Kapoor writes an open letter to NFRA opposing the consultation paper on abolishing statutory audits for MSMCs. Read his arguments and concerns.
What is Audit? Types Explained | Financial, IT & More
Discover what an audit is and explore key types like financial, operational, IT, and statutory audits. Learn how audits ensure compliance and transparency.
Things to be checked before Balance Sheet Finalization
Balance Sheet finalization is the most important work that needs to be done for Statutory Audit. Discussing all the important points that need to be taken care of before finalization of the balance sheet.
Appointing Auditor in OPC Casual Vacancy
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
Understand the meaning of turnover in tax audits. Learn how to calculate gross receipts and sales for Section 44AB compliance in the UK.
Beneish M Model: Detect Financial Statement Fraud
Discover the Beneish M Model, an 8-ratio tool for detecting financial statement fraud. Learn how it identifies manipulation and protects investors.
Tax Audit: Business & Profession Rules Explained
Understand tax audit applicability when you run both a business and a profession. Learn about limits and presumptive taxation schemes.
AI for Auditors: Revolutionise Your Audit Process
Discover how AI is transforming auditing. Automate tasks, gain real-time insights, and enhance accuracy. Embrace AI for a competitive edge.
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