Audit Articles

SRE 2400 (Revised): Understanding Review Engagements

Posted by Tanuj Chandra Saxenaa 22 May 2021 6099 Views

Discover SRE 2400 (Revised) for review engagements. Learn about objectives, principles, scope, terms, planning, and reporting for financial statement reviews.

Bank Audit: Analysing Account Statements for Advances

Posted by Udit Vyas 22 May 2021 7700 Views

Learn how bank auditors analyse account statements for Cash Credit and Term Loans to ensure authenticity and compliance. Essential for fraud detection.

The Anatomy of Controls

Posted by Nishanth 18 May 2021 15689 Views

This was first posted on my website www.theauditschool.com. Every step I take in learning new things about internal controls, audit or risk management, I like to take two steps back to see the basic concepts which I have learnt years back and see

Surprise Audit Checks: Enhancing Audit Effectiveness

Posted by ABINAYA SURESHBABU 15 May 2021 39945 Views

Discover how surprise checks improve audit effectiveness by testing internal controls, identifying errors, and informing management actions. Learn more!

5 Things CFOs Should Do In Planning Process

Posted by Sonia Jaspal 09 May 2021 20615 Views

In December, senior management focuses on formulating strategies. Department heads prepare business plans and budgets. Risk management departments define the next years agenda and plans. Everyone works hard at planning and preparing for the

Risk Management Failures in Kingfisher Airlines

Posted by Sonia Jaspal 09 May 2021 28004 Views

The king of good times is facing hard times. Launched in 2006, with much fanfare by its Chairman, Mr. Vijay Mallya, Kingfisher Airlines (KFA) is presently in dire financial straits. After the euphoria abated, KFAs strategy, performance and

Risk Management Induction Training To Business Teams

Posted by Sonia Jaspal 09 May 2021 15474 Views

I had joined a new company and was taking the induction training. I thought it would be a good idea to get fellow participants perspective.So I asked a young employee How did you find the risk management

Bank Reconciliation Audit: Key Verification Checks

Posted by CA Satish Badve 05 May 2021 4552 Views

Discover essential bank reconciliation audit checks. Learn how routine verification can uncover vital financial information and improve audit judgement.

RBI Bank Auditor Appointment Guidelines 2021-22 Onwards

Posted by Manish Mehra 02 May 2021 13609 Views

Discover the RBI's new guidelines for appointing bank auditors for FY 2021-22 onwards. Learn about eligibility, tenure, and appointment procedures.

All about Internal Audit

Posted by Pankaj Gandhi Jaiswal 01 May 2021 32386 Views

When we run an Enterprize we be too busy in getting the goals or loosing the goals and become biased for the reason of success or failure. If we get success we think that we are strong and if we fail that then think that we