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Audit Articles


Artificial Intelligence in tracking Expenses Reimbursement Frauds

Posted by Pawan 31 December 2018 4551 Views

Artificial Intelligence is exposing Employees Reimbursement FraudsIntroductionAI abbreviation of Artificial Intelligence is widening its base in the Audit as we...



How Audit will change in next 5 years?

Posted by Pawan 26 December 2018 6648 Views

Transparency in Audits � How audit is conducted vs How it is presented to the Stake HoldersA gap exists between how an audit is conducted and how the data



Queries deserving attention for consideration for Auditors

Posted by P.R. Sethuraman 17 November 2018 4125 Views

Merited attention is invited to Para D 8 of Ind. AS 101 - on First Adoption of Indian Accounting Standards. Clause (b) of Para D 8 of the above said Stand



A cakewalk on October amendment to Schedule III

Posted by P.R. Sethuraman 25 October 2018 17000 Views

A cakewalk on recent Amendments (11th Oct 18) to Schedule III (Division I & II) and considered induction of Division III ear marked for NBFC under the crux of Ind AS



5 things you must know about tax audit

Posted by CA. Brijesh Baranwal 24 October 2018 16666 Views

1. As per the provisions of section 44AB/44ADof the Income Tax Act, 1961, every person carrying a business whose turnover exceeds Rs.1Cr./ 2 Cr. (as the case ma...



Changes in Schedule III

Posted by CA Akhil Rastogi 23 October 2018 35400 Views

The amendments are applicable to all financial statements authorised for issue on or after 11 October 2018, irrespective of the period to which these financial ...



Forensic Audit: Field to Explore

Posted by Shobhit Jain 21 September 2018 8768 Views

Everyone reading this article would have obviously heard of Forensic Audit. And there is nothing surprising to that, as this word 'Forensic Audit' has b



Simple understanding of Tax audit for AY 2018-19

Posted by ARUN KUMAR 06 August 2018 15714 Views

As soon as due date of filing tax audit is coming near, assessee and tax auditor are making effort to comply with the tax audit provision.I have tried to prepar...



Latest Changes in Form 3CD

Posted by Vasundhara 25 July 2018 12652 Views

There are a number of changes proposed in Form 3CD relating to tax audit report.A summary of these key changes is given below. These changes are applicable to a...



All about Actuarial Gain/Loss

Posted by Rajat Gupta 02 July 2018 28200 Views

I would like to thanks all of you for liking my previous article on Gratuity, now I would like talk on Actuarial Gain or Loss arising on liabilities:- Technical...




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