Audit Articles


Challenges in Auditing Cloud Computing

Posted by Hari Iyer CA, MBA, CISA, FCPA 20 October 2018 10447 Views

Cloud Computing As a relatively recent trend, the industry is still settling on the definitions of cloud computing. Gartner defines it as �a style of comp



Increase operating effectiveness of Internal Audit

Posted by Ashim Ganguly 09 October 2018 6199 Views

Control Self Assessment- an effective IFC tool to increase operating effectiveness of Internal Audit Preamble For long internal audit professional and practiti...



Summary on Guidance Note on bank audit 2018

Posted by Pawan Kumar Sharma 30 September 2018 12901 Views

Come March and the words about bank audits goes buzzing� This year it is louder than ever before due to the MODI GATE which has shaken the very foundatio



A Cure for Enron-Style Audit Failures

Posted by M.RR CHARYULU 29 September 2018 2528 Views

If companies and regulators are ever to learn from the collapse of Enron�and prevent similar corporate debacles in the future�they must look more cl



10 practical tips to optimize physical verification

Posted by CA Vipin Garg 30 March 2018 14472 Views

Physical verification of inventory is an uphill task for retailers. Being a tedious task, it not only takes hours but is also a function with higher possibiliti...



Internal Audit - Dynamic Profession & Heart of Technology

Posted by Chetna Rathi 22 September 2018 4626 Views

The chocolaty profession, technological, money oriented, future stable, today fuel of organizati



Communicating Key Audit Matters in the Independent Auditor's Report

Posted by CA PRASANTH.K 01 September 2018 7475 Views

Objective To determine key audit matter; and To report such key audit matter after forming an opinion on the financial statement ...



Why documentation is Important for Auditors?

Posted by CA Amrita Chattopadhyay 05 March 2018 11072 Views

In the wake of recent bank scams questions have been raised on the professional standards, quality, and commitments of Chartered Accountants. These allegations...



Chapter X on Audit and Auditors

Posted by P.R. Sethuraman 08 August 2018 10087 Views

The Companies Act 2013 vis a vis Amendment to the chapter(Sections 139 to 148) Introduction:Any amendment is to �mend&rsquo



Provision requiring Internal Audit to be conducted

Posted by Varsha singh 24 July 2018 4603 Views

Clause 49 of the listing agreement: This section states that The Audit Committee is required to review certain points in regards to adequacy and efficiency of




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