Audit Articles
Challenges in Auditing Cloud Computing
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
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
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
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
Internal Audit - Dynamic Profession & Heart of Technology
The chocolaty profession, technological, money oriented, future stable, today fuel of organizati
Communicating Key Audit Matters in the Independent Auditor's Report
Objective To determine key audit matter; and To report such key audit matter after forming an opinion on the financial statement ...
Chapter X on Audit and Auditors
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
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
Clarification on Statutory Auditor's Report over Internal Financial Control
Background:The Companies Act, 2013 ('the Act') had introduced many new reporting requirements for the statutory auditors of companies. One of these
Forensic Analysis of Financial Statements - Basic about Forensic
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 ...
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