Audit Articles

COVID-19 Audit Impact: Key Considerations for Financial Statements

Posted by Anupinder Singh 02 November 2020 3622 Views

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

ICAI COVID-19 Advisory: Finalising Accounts & Audits

Posted by P.R. Sethuraman 04 May 2020 4968 Views

Navigate ICAI's COVID-19 advisory for finalising accounts and audits. Understand impacts on financial reporting and audit considerations.

Remote Bank Branch Audits: COVID-19 Challenges & Solutions

Posted by CA Satish Badve 28 October 2020 8039 Views

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

RBI Reliefs for Bank Branch Audits Amidst COVID-19

Posted by CA Pooja Dhoot 27 April 2021 7063 Views

Discover RBI's COVID-19 regulatory package offering reliefs for bank branch audits, including loan rescheduling and working capital finance easing.

Business Continuity Plan: Prepare for COVID-19 & Disasters

Posted by CA ANILKUMAR B.COM FCA DISA 12 October 2020 2215 Views

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

Bank Audit: Recent Changes & Key Aspects Explained

Posted by CA Kushal Soni 13 April 2020 8572 Views

Understand recent changes in bank audits, including MSME restructuring, DSA prohibitions, and COVID-19 relaxations. Learn key NPA classification criteria.

Internal Audit of Electric Distribution Segments

Posted by CA Satish Badve 03 October 2020 1803 Views

Learn how to effectively conduct an internal audit of Electric Distribution Company (EDC) segments. Discover key steps and best practices for a thorough review....

COVID-19 Inventory Verification Challenges & Solutions

Posted by CA Satish Badve 31 March 2020 4132 Views

Discover how COVID-19 impacts year-end inventory verification. Learn practical steps to manage stock counts and reporting challenges effectively.

MOC - Memorandum of Changes

Posted by Rahul ojha 30 May 2023 113518 Views

MOC- MEMORANDUM OF CHANGES, more often referred to as MOC is an important document enclosed with the Bank Audit Report whenever the Auditor observes significant issues affecting the Financial Statements of the Bank.