Audit Articles

Form 3CA Explained: Your Guide to Tax Audit Reports

Posted by Vivek Agarwal FCA, CS, LLB 05 November 2020 14163 Views

Understand Form 3CA, its applicability, and key components. Learn how it's used for tax audit reports when accounts are audited under other laws. Read now!

Audit Data Analysis: AP & AR Insights

Posted by CA Amrita Chattopadhyay 02 November 2020 12517 Views

Discover how auditors use data analysis in Accounts Payable and Receivable to identify risks, improve efficiency, and add value. Learn key testing methods.

COVID-19 Audit Impact: Key Considerations for Financial Statements

Posted by Anupinder Singh 02 November 2020 3616 Views

Discover how COVID-19 affects financial statement audits. Learn about going concern, asset impairment, inventory, and more. Read now!

CARO 2020: What's New for Auditors & Companies

Posted by Prateek Mankad 31 October 2020 7859 Views

Discover the key changes in CARO 2020, including its impact on consolidated financial statements and reporting requirements. Learn how it affects auditors and companies.

CARO 2020: Reporting Requirements for Assets Explained

Posted by Prateek Mankad 31 October 2020 6933 Views

Understand CARO 2020's updated reporting rules for assets, including PPE, intangible assets, and title deeds. Get compliant.

Remote Bank Branch Audits: COVID-19 Challenges & Solutions

Posted by CA Satish Badve 28 October 2020 8013 Views

Discover how to conduct bank branch statutory audits remotely due to COVID-19. Learn about challenges, alternative verification methods, and essential documentation.

Income Tax Search & Seizure Audit: Key Findings

Posted by CA.Mohit Gupta 27 October 2020 3171 Views

Discover key findings from the CAG's performance audit on Income Tax search & seizure assessments. Learn about compliance issues and recommendations.

Auditor Vacancy Appointments: Part of 139(2) Tenure?

Posted by Ramaswami Kalidas 20 October 2020 20506 Views

Discover if filling an auditor vacancy under Section 139(8) counts towards the tenure limits set by Section 139(2) of the Companies Act, 2013. Learn more!

Identify Fraud Risks: Internal Audit Procedures

Posted by CA Amrita Chattopadhyay 14 October 2020 5479 Views

Discover essential audit procedures for identifying fraud risks in internal audits. Learn to detect billing schemes, fraudulent refunds, expense fraud, and payment tampering.

Business Continuity Plan: Prepare for COVID-19 & Disasters

Posted by CA ANILKUMAR B.COM FCA DISA 12 October 2020 2207 Views

Implement a Business Continuity Plan (BCP) and Disaster Recovery Plan (DRP) to minimise disruption from events like COVID-19. Ensure business resilience.