Audit Articles

Forensic Analysis of Financial Statements

Posted by Tehsinkhan Pathan 01 December 2017 15406 Views

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

Posted by Tehsinkhan Pathan 28 October 2017 10468 Views

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

Posted by Tehsinkhan Pathan 23 October 2017 5417 Views

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

Posted by Tehsinkhan Pathan 14 October 2017 6304 Views

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

Posted by Tehsinkhan Pathan 10 October 2017 5758 Views

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...

Forensic Analysis of Financial Statements - Can I do?

Posted by Tehsinkhan Pathan 29 September 2017 8794 Views

There is a lot of buzz about one most heard world Financial Analysis or Forensic Analysis of financial statement among students and new comer professionals.

External Confirmations 3R's - Relevant, Reliable, Risk Mitigable

Posted by CA Kanika Mittal 27 September 2017 4330 Views

When used with other audit procedures, external confirmations can be an effective audit tool in detecting fraud in accounts. In addition, to obtain sufficient a...

Ind AS transition - A pleasure though under pressure

Posted by P.R. Sethuraman 18 August 2017 4199 Views

Any pleasure issues out of pressure. The first delivery of a just married couple is full of expectation and hope, not only for the couple graced with but also f...

Tax Audit under sec 44AB of the Income Tax Act

Posted by Soumya Laha 17 August 2017 388798 Views

Tax Audit limit of Rs 1 crore has been increased to Rs 5 crore with effect from AY 2020-21 (FY 2019-20) if the taxpayer's cash receipts are limited to 5% of the gross receipts or turnover, and if the taxpayer's cash payments are limited to 5% of the aggregate payments.