Audit Articles


Ind AS Compliant Schedule III - A walk through

  P.R. Sethuraman    23 January 2017 at 10:54

Ind AS Compliant Schedule III - A walk through



Associates - Key accounting changes - Ind-AS/IFRS

  CA Anuj Agrawal    19 January 2017 at 10:32

As India moves towards International Financial Reporting Standards (Ind-AS/ IFRS) requirements gradually, there are some fundamental changes which are imperativ..



Super Summary of RBI circulars of demonetization

  AAM CA Pradeep Kumar Jain    11 January 2017 at 11:20

RBI Circulars of DEMONETIZATION



Section 144 - A new avatar in the Companies Act On 'Auditor not to render certain services'

  P.R. Sethuraman    01 December 2016 at 11:41

Section 144 of the Indian Penal Code is normally promulgated to avoid unlawful assembly of people with attempt to cause public disturbance. It is not on normal ..



Change - Law needs to move with time

  P.R. Sethuraman    01 November 2016 at 16:09

The purpose of the article is to deal with on the consequential changes warranted on rules of law and regulatory requirements on business/ industrial domain



Internal Audit as per Companies Act 2013

  CS Mallika Gupta    15 October 2016 at 14:11

As per Section 138 of Companies Act, 2013 Internal Audit has been mandated upon certain classes of companies. Such companies are required to appoint a person as an Internal Auditor who must be CA or Cost Accountant or professional as prescribed. Companies are subject to conduct an internal audit as per there size and requirement.



Section 141 of the Companies Act, 2013 on Eligibility, qualifications and disqualification of auditors

  P.R. Sethuraman    03 October 2016 at 10:47

The purpose of the article is limited to the topic on Section 141 of the Companies Act, 2013 on Eligibility, qualifications and disqualification of auditors



Casual vacancy of auditor

  CS Divesh Goyal    26 September 2016 at 10:25

Detailed analysis on casual vacancy of an auditor



Audit by department: Justified or not?

  Pradeep Jain    22 September 2016 at 10:46

On one hand the courts have understood the pain of the assessees to be assessed by ineligible auditors and on the other hand the government does not want to let..



Internal Financial Control

  P.R. Sethuraman    14 September 2016 at 10:39

The first and foremost duty of auditors with regard to Internal Financial Controls over Financial Reporting is to see and get satisfied as to the framework set in place as specified in the Guidance Note and as �declared in Directors




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