Audit Articles


MAT Credit - An overview of its rationale and impact

Posted by CA. Rayan Sequeira 01 August 2020 341254 Views

"There was an era when the corporate entities mocked at the income tax department, since they had sizeable profits as per the accounting books but ended up contributing nothing to the coffers of the department. Taking the tax provisions to their adva



COVID-19 Audit Documentation: Key Requirements & Standards

Posted by CA Amrita Chattopadhyay 23 July 2020 13525 Views

Discover essential audit documentation requirements under COVID-19. Learn how to assess risks, handle subsequent events, and report on going concern.



Going Concern & Auditor Duty During Pandemic

Posted by Seetharaman K C 09 July 2020 7171 Views

Understand the Going Concern concept and auditor responsibilities during the pandemic. Learn how to assess business continuity amidst uncertainty.



Audit Documentations

Posted by Ravikumar.G 30 June 2020 25729 Views

"The skill of an accountant can always be ascertained by an inspection of his working papers." Robert H. Montgomery, Montgomery's Auditing, 1912. During the performance of an audit, it is obvious that the auditor may have come across issues which we



DPT-3 Auditor Certificate: Formats & Requirements

Posted by CS Lalit Rajput 25 June 2020 19288 Views

Understand the DPT-3 auditor certificate requirements and access draft formats. Ensure compliance with MCA regulations for filing your DPT-3 return.



Indian Banks Give Customer Service for Money Laundering

Posted by Sonia Jaspal 10 June 2020 18410 Views

Indian Banks Give Customer Service for Money Laundering



CARO 2020: New Auditor Responsibilities Explained

Posted by Jigar Rajendrabhai Mansatta 28 May 2020 6450 Views

Understand the expanded auditor responsibilities under CARO 2020. Learn about new clauses, changes, and reporting requirements for FY 2020-21 onwards.



FY 2019-20 Direct Tax Audit Checklist & Updates

Posted by Parth Shah 23 May 2020 56254 Views

Navigate your FY 2019-20 direct tax audit with our comprehensive checklist. Discover key amendments and deadlines to ensure compliance.



Auditor Appointment: Companies Act Sec 139 Guide

Posted by Sanchit Aggarwal 22 May 2020 42276 Views

Understand auditor appointment rules under Section 139 of the Companies Act 2013. Learn about first auditors, subsequent auditors, and rotation requirements.



Going Concern Assumption: Key Considerations for Auditors & Mgmt

Posted by Vijayta Kamble 18 May 2020 2535 Views

Understand key considerations for assessing the going concern assumption. Essential guidance for management and auditors, especially post-COVID-19.




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