Audit Articles

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..

Forensic Analysis of Financial Statements - PESTEL Matrix

Tehsinkhan Pathan 23 October 2017 at 10:56

PESTEL Analysis can be referred as Comprehensive version of SWOT Analysis. Rather PESTEL Analysis complements SWOT Analysis since PESTEL deals with specific ext..

Forensic Analysis of Financial Statement - SWOT as a tool

Tehsinkhan Pathan 14 October 2017 at 11:44

SWOT Matrix is mainly used for Organisational Strategy building and Business planning. From our perspective, it may be useful in financial analysis to understan..

Forensic Analysis of financial statements - Understanding Business

Tehsinkhan Pathan 10 October 2017 at 11:02

Our object here is about how to understand business and industry & its impact. Since there is no standardize method, so I will share some example so that method..