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Audit Articles


Audit of compliance of EPF act

Posted by CA shanky pahoja 02 July 2018 50864 Views

Introduction: EPF Act 1952, requires certain organisations to contribute towards the provident fund and pension scheme for employees. For an auditor it is imper...



UK NFRA: KPMG audit quality is unacceptable

Posted by CA Ravi Taori 26 June 2018 8118 Views

UK NFRA Blasts KPMGHello everyone, I read comments here on CAclubindia after my last article and video on Big4s, many feel we should do something about it, few ...



Clause 17 of form 3CD

Posted by CA Aishwarya Joshi 19 June 2018 25322 Views

Clause - 17 Where any land or building or both is transferred during the previous year for a consideration less than



General steps involved in Forensic Audit

Posted by CA Amrita Chattopadhyay 19 June 2018 21717 Views

Forensic audit has gained lot of importance recently due to rapidly changing landscape in the field of accountancy involving many online components. It has beco...



All about Forensic Audit

Posted by CA Sachin Agarwal 04 June 2018 37037 Views

Preface:A typical organisation loses 5% of its revenue every year due to fraud



Challenges in Auditing Cloud Computing

Posted by Hari Iyer CA, MBA, CISA, FCPA 23 April 2018 10412 Views

Cloud Computing As a relatively recent trend, the industry is still settling on the definitions of cloud computing. Gartner defines it as �a style of comp



Increase operating effectiveness of Internal Audit

Posted by Ashim Ganguly 12 April 2018 6158 Views

Control Self Assessment- an effective IFC tool to increase operating effectiveness of Internal Audit Preamble For long internal audit professional and practiti...



Summary on Guidance Note on bank audit 2018

Posted by Pawan Kumar Sharma 03 April 2018 12860 Views

Come March and the words about bank audits goes buzzing� This year it is louder than ever before due to the MODI GATE which has shaken the very foundatio



A Cure for Enron-Style Audit Failures

Posted by M.RR CHARYULU 02 April 2018 2505 Views

If companies and regulators are ever to learn from the collapse of Enron�and prevent similar corporate debacles in the future�they must look more cl



10 practical tips to optimize physical verification

Posted by CA Vipin Garg 30 March 2018 14432 Views

Physical verification of inventory is an uphill task for retailers. Being a tedious task, it not only takes hours but is also a function with higher possibiliti...




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