Audit Articles

Bank Audit: Identify & Calculate Funds Diversion

Posted by Kotte Murali Krishna 28 September 2021 15512 Views

Learn how to identify and calculate funds diversion in bank audits. Discover common practices and audit procedures to detect misuse of short-term and term loans.

Review Of Internal Financial Control For Bank Branch Audit

Posted by CA Amrita Chattopadhyay 26 September 2021 23120 Views

The branches that are required to be covered for reporting on Internal Financial Control will be determined and scoped in by the Statutory Central Auditors.

SA 570: Understanding the Going Concern Assumption

Posted by Neethi V. Kannanth 06 September 2021 46681 Views

Discover SA 570's requirements for assessing an entity's going concern ability. Learn management and auditor responsibilities and key indicators to watch for.

AI for Auditors: Revolutionise Your Audit Process

Posted by CA Amrita Chattopadhyay 04 September 2021 4835 Views

Discover how AI is transforming auditing. Automate tasks, gain real-time insights, and enhance accuracy. Embrace AI for a competitive edge.

Tax Audit: Business & Profession Rules Explained

Posted by CA.R.S.KALRA 04 September 2021 16425 Views

Understand tax audit applicability when you run both a business and a profession. Learn about limits and presumptive taxation schemes.

Beneish M Model: Detect Financial Statement Fraud

Posted by Poojitha Raam Vinay 04 September 2021 14918 Views

Discover the Beneish M Model, an 8-ratio tool for detecting financial statement fraud. Learn how it identifies manipulation and protects investors.

ICSI Auditing Standards: A Comprehensive Guide

Posted by CS Divesh Goyal 06 August 2021 2308 Views

Understand ICSI Auditing Standards for Practising Company Secretaries. Learn about engagement, process, documentation, and forming opinions.

Auditor's Duty: Reporting Director Disqualification

Posted by CS Divesh Goyal 04 August 2021 8506 Views

Learn how auditors must report director disqualifications in their audit report, covering legal provisions and practical steps for compliance.

DPT-3 Filing: Is an Auditor Certificate Required?

Posted by CS Divesh Goyal 04 August 2021 20387 Views

Discover when an auditor's certificate is mandatory for filing e-form DPT-3. Learn the specific scenarios and requirements to ensure compliance.

PAS-6 Audit Report: Dematerialisation of Unlisted Public Company Shares

Posted by CS Divesh Goyal 03 August 2021 2960 Views

Understand PAS-6, the audit report for unlisted public companies on share capital reconciliation. Learn about dematerialisation requirements and deadlines.