Audit Articles
Important points for Bank Audit while auditing MSME borrowers
90 days delinquency norm is a condition for classification of majority of loans into NPA, loans to
Key Points while Auditing Agriculture Advances
Before understanding the Norms for Agriculture Advance first should know about the Which type of Loans cover under Agriculture Advances:Types of Agricultural Lo...
Frequently asked questions regarding NPA
1. Whether a working capital account will become an NPA if the stock statements are not submitted regularly? What should be the period for which the stock state...
Key points for Bank Audit 2019
Many of you may have been allotted bank branch audits. I congratulate them heartily. Today, I am sharing with you few things to keep in mind while going for ban...
Procedure to set-up an Internal Audit Department by an organisation
What is Internal Audit?Internal Audit is an independent & objective assurance and consulting activity that is guided by a philosophy of adding value to impr
SAT order - quashing the ban on PWC from auditing listed companies
SAT order - quashing the SEBI order debarring PW from auditing listed companies: Auditor's duty is verification and not detection
Standards on internal audit: A Bird's Eye View
The Internal Audit Standard Board of the ICAI has, with other pronouncements, issued five Standards on Interna
Impact of Ind AS 116 on Leases - When it is Operative
Introduction: Ind. AS 116 on Leases
Equity share capital and Balance Sheet
Introduction:A glance through of the Ind. AS will highlight a hell of a difference of treatment of Equity share Capital from IGAPP as well
Artificial Intelligence in tracking Expenses Reimbursement Frauds
Artificial Intelligence is exposing Employees Reimbursement FraudsIntroductionAI abbreviation of Artificial Intelligence is widening its base in the Audit as we...
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