Audit Articles

Role of Key Audit matters

Posted by P.R. Sethuraman 26 July 2017 8483 Views

Role of key audit matters (KAM) (SA 101)

Internal Audit in India

Posted by Shekhar Gupta 04 July 2017 5139 Views

Internal Auditing is the evaluation of organizations activities and operations to bring in efficiency add value and improve organizations operations.

Demonetization - Additional audit procedures

Posted by CA Amrita Chattopadhyay 08 June 2017 10463 Views

The objective of demonetization is to prevent the funding of terrorism as well as to crack down on black money in the country.

An overview : Internal Financial Controls

Posted by Shreya Garg 29 May 2017 12904 Views

IFCs made easy

Auditor's/ Management perspective - Equity Investments per Ind AS

Posted by CA Anuj Agrawal 04 May 2017 4385 Views

After the applicability of Ind-As in India the situation specific to the treatment of Equity Investments will be different and it will eventually change the who...

Critical issue - Removal of auditor

Posted by CS Divesh Goyal 04 May 2017 11250 Views

The procedure for removal of auditors is given in sub-section (1) of Section 140 of the Act.

Analysis on branch auditor

Posted by CS Divesh Goyal 02 May 2017 8061 Views

Interpretation/ procedure for appointment of branch auditor or audit of branch under Companies Act, 2013

Breach of Covenants of a Loan - 'Classification change' under Ind AS

Posted by CA Anuj Agrawal 29 April 2017 6767 Views

Almost every loan agreement will be carrying some of the terms and conditions that are required to be fulfilled by a borrower to keep that loan continue as per ...

Normal Sale/Purchase transactions - Embedded Derivatives as per Ind-AS IFRS

Posted by CA Anuj Agrawal 24 April 2017 6766 Views

In continuation of previous articles on Double-double test, Caps & Floor , Call/Put/ Prepayments, Foreign Currency Bonds ,Credit derivatives & leases related o