Audit Articles

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

Clarification on Statutory Auditor's Report over Internal Financial Control

chirag rajendra parekh 15 January 2018 at 11:51

Background:The Companies Act, 2013 ('the Act') had introduced many new reporting requirements for the statutory auditors of companies. One of these

Check list for Insurance Audit

nawin kumar kintali 05 January 2018 at 11:37

Basic legal frameworks to be familiarize before doing an insurance audit1) The Insurance Act , 1938 as amended by the Insurance laws (amendment act) ,2015 in..

Forensic Analysis of Financial Statements - Basic about Forensic

Tehsinkhan Pathan 18 December 2017 at 10:48

PREAMBLE Fraud is a burning problem all over the world, not only for India. Enron, WorldCom, Satyam are some of the famous fraud cases you might have heard. Up ..

Forensic Audit - Future of Auditing

Pawan Kumar Singh 12 December 2017 at 11:16

Today's villain are using mouse and keyboard instead of using mask and gun when we are gone in digital world.

A brief guidance on consolidation of financial statements

eswarachandra bommisetty 06 December 2017 at 11:08

Consolidation of financial statements

Forensic Analysis of Financial Statements

Tehsinkhan Pathan 01 December 2017 at 11:03

In last articles, about business and industry analysis discussed. In this article, we are switching to quantitative aspect of financial analysis. There are four..

Forensic Analysis of Financial Statements - Porter's Five Forces

Tehsinkhan Pathan 28 October 2017 at 14:01

It specifically takes into consideration only 5 factors which are of prime importance to the any business which shape any industry and helps in determining an i..