Audit Articles

Challenges in Auditing Cloud Computing

Hari Iyer CA, MBA, CISA, FCPA 23 April 2018 at 11:03

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

Ashim Ganguly 12 April 2018 at 11:02

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

Pawan Kumar Sharma 03 April 2018 at 11:40

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

M.RR CHARYULU 02 April 2018 at 11:48

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

CA Vipin Garg 30 March 2018 at 12:22

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..

Internal Audit - Dynamic Profession & Heart of Technology

Chetna Rathi 26 March 2018 at 12:56

The chocolaty profession, technological, money oriented, future stable, today fuel of organizati

Communicating Key Audit Matters in the Independent Auditor's Report

CA PRASANTH.K 05 March 2018 at 11:11

Objective To determine key audit matter; and To report such key audit matter after forming an opinion on the financial statement ..

Why documentation is Important for Auditors?

CA Amrita Chattopadhyay 05 March 2018 at 11:11

In the wake of recent bank scams questions have been raised on the professional standards, quality, and commitments of Chartered Accountants. These allegations..

Chapter X on Audit and Auditors

P.R. Sethuraman 09 February 2018 at 11:07

The Companies Act 2013 vis a vis Amendment to the chapter(Sections 139 to 148) Introduction:Any amendment is to �mend&rsquo

Provision requiring Internal Audit to be conducted

Varsha singh 25 January 2018 at 11:17

Clause 49 of the listing agreement: This section states that The Audit Committee is required to review certain points in regards to adequacy and efficiency of