Audit Articles


Audit documentation requirement and observation as per QRB

Posted by CA Amrita Chattopadhyay 06 January 2020 5345 Views

The audit profession has been in news in the recent times due to various frauds reported in the corporate world. Various questions have been raised on the profe...



Purpose of doing peer quality review

Posted by Venkat Raj 28 December 2019 5314 Views

This chapter holds paramount importance in today �s Corporate World. With the advent of Companies Act 2013, all companies are forced to follow



DPT-3 still requires clarification

Posted by P.R. Sethuraman 28 December 2019 5402 Views

Introduction:The purpose of the article is not on examinatio



Tax Audit & The Presumptive Taxation

Posted by CA. Atul Khurana 10 December 2019 9030 Views

Section 44AB vs 44ADWhen we talk about Presumptive Taxation, then it automatically relates to Tax Audit under Income Tax Act, 1961.At student level, I have seen...



All about Inventory Management

Posted by CMA Supriya Talegaonkar 07 December 2019 7328 Views

​​​​​​​Inventory Management is the process of ordering, storing, handling, retrieving, dispatching and accounting stock.



Importance of risk assessment as required in auditing standard

Posted by CA Amrita Chattopadhyay 27 November 2019 4693 Views

Developments in business, regulation, corporate governance and user expectations drive change in auditing standards and methodologies, as do changes to the cont...



Bank Concurrent Audit

Posted by THOTA Venkata Sai Akhil Naidu 27 November 2019 9884 Views

PLANNING & REQUIREMENTS Documents to gather Information / Guidelines before Audit



All about professional ethics

Posted by Venkat Raj 21 November 2019 21840 Views

ICAI (Institute of Chartered Accountants ) is a statutory body constituted under Chartered Accountants Act 1949 governed by Ministry o



CBDT extends the due date to submit the Tax Audit Report to 31st October, 2019

Posted by Vaishali Dhek 04 November 2019 122596 Views

After the extension of the due date to file the Income Tax Return, the Chartered Accountants are now requesting the Income Tax Department to extend the due date to submit the Tax Audit Report as soon as possible to reduce their workload.



Key Changes made in Auditor's reporting Standard & Emphasis on Audit documentation

Posted by CA Amrita Chattopadhyay 23 October 2019 11655 Views

In the wake of the present financial crisis, the role of the auditor has been questioned by many stakeholders. One of the concern of the stakeholder was that th...




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