Audit Articles
Going Concern Assumption: Key Considerations for Auditors & Mgmt
Understand key considerations for assessing the going concern assumption. Essential guidance for management and auditors, especially post-COVID-19.
Virtual Audits: Are Chartered Accountants Ready?
Discover how chartered accountants can adapt to virtual audits. Learn about client profiling, standard audit programs, and effective virtual audit processes.
ICAI Bank Branch Audit: Remote Audit Guidance
07 May 2020
3556 Views
ICAI provides guidance for statutory bank branch audits during COVID-19. Learn about remote audit considerations, evidence gathering, and compliance.
ICAI COVID-19 Advisory: Finalising Accounts & Audits
Navigate ICAI's COVID-19 advisory for finalising accounts and audits. Understand impacts on financial reporting and audit considerations.
Integrity Of Auditor - PMC Bank Crisis
Few days ago some of you may have heard news saying that RBI has imposed restrictions of withdrawal on PMC bank holders. The RBI restricted to withdraw only Rs. 1,000 for whole 6 months. All the monies of account holders is at stake.
Bank Audit: Recent Changes & Key Aspects Explained
Understand recent changes in bank audits, including MSME restructuring, DSA prohibitions, and COVID-19 relaxations. Learn key NPA classification criteria.
Ind AS 110 on Consolidated Financial Statements (CFSs)
Ind. AS 110 on Consolidated Financial Statements (CFSs) Before the commencement of the Companies Act 2013, Consolidated Financial Statements are the SEBI requirements for the Listed Companies. But, the Companies Act 2013 mandates
COVID-19 Inventory Verification Challenges & Solutions
Discover how COVID-19 impacts year-end inventory verification. Learn practical steps to manage stock counts and reporting challenges effectively.
Audit/Certificate on Utilization of Govt Grant/Aid/Funds
The Utilization Certificate and audit of utilization is required and asked by the authority Govt, Semi-Govt,Trust etc. This certificate is asked from Independent Chartered Accountants not related in any way to the Utilization entity.
GST Testing under Internal Audit
We are almost at the end of statutory audit season and many of us will be working in internal audits from now. Statutory compliance will be the compulsory component in the scope. We will be covering basic reconciliations as a part of GST testing.
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