Audit Articles

The importance of risk based internal audit in banks

Posted by T.R.Radhakrishnan 20 January 2020 7367 Views

Deregulation and liberalization of Indian financial sector call for effective and crucial risk management and internal control system in the conduct of banking ...

SEBI proposed to stringent the norms for resignation of auditors

Posted by Kavita D. Shah 19 January 2020 2960 Views

There have been a significant number of instances of abrupt resignation of Statutory Auditors from listed entities in recent times. In most of the cases, the st...

Audit documentation requirement and observation as per QRB

Posted by CA Amrita Chattopadhyay 06 January 2020 5356 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 5320 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 5408 Views

Introduction:The purpose of the article is not on examinatio

Tax Audit & The Presumptive Taxation

Posted by CA. Atul Khurana 10 December 2019 9045 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 7334 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 4712 Views

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