Audit Articles
Cost audit and cost auditor
Cost audit and cost auditor
Ind AS Compliant Schedule III - A walk through
Ind AS Compliant Schedule III - A walk through
Associates - Key accounting changes - Ind-AS/IFRS
As India moves towards International Financial Reporting Standards (Ind-AS/ IFRS) requirements gradually, there are some fundamental changes which are imperativ...
Forensic Audit - A Modern Day Thrust and Thirst
Forensic Audit-a Modern Day Thrust and ThirstIntroduction: In the recent past, more so in the previous decade, accounting and auditing community witnessed and i...
Internal Financial Controls - Practical approach in evaluating a Control
In current article we delve on the aspect of 'Auditors Role' and take one practical example of evaluating the control which influences the �Financial Reporting� (FR).
Develop & Establish Internal Financial Controls
The intention of this article is to embark upon a journey, which in its course continues to contribute series of articles in continuity thereby exploring the nuisance of the professional domain. See you soon in my next article in the series on IFC.
Determining the Acquisition date as per Ind IAS 103 for Consolidated Financial Statements
The below article gives an overview of the guidance provided by Ind IAS 103 regarding the determination of Acquisition date for any business combination and how it is subject to interpretation.
Government Audit
Issue Key Points to Remember C&AG Appointed by President of India Remuneration equivalent to Supreme Court Judge Removal by House of Parliament; majority of at least 2/3rd of the members To hold o
New Bank Audit Norms: Statutory Auditor Empanelment
Discover the revised empanelment norms for statutory auditors of public sector banks, financial institutions, and RBI, effective from 2004-05.
Exemptions for CARO
The previous and the present CARO is placed side by side for easy reference. Please note that CARO will not be applicable for certain categories of Companies as stated in the order. Companies (Auditor's Report) Order, 2003 Compan
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