Audit Articles

Book Review 1 - Not Just An Accountant

Nikhil Kaushik 26 December 2014 at 10:56

Not Just An Accountant - The Diary of the Nation's Conscience Keeper - Vinod Rai7 January 2009 - A normal day with business as usual turned into one of the darkest day in the Indian corporate history. The company which had as recent as September

Complete Audit: A new look at social audit

DR. NEERAJ MEEL 27 November 2014 at 13:35

Abstract It is a Research paper. The purpose of this article is to evaluate the current state of social audit. Analyzed the importance of social audit in every social activity. Universal imperatives of social audit are shown with examples.

How to check purchases

Ankur Dudani 20 October 2014 at 11:48

Hi Friends,This article is about How to check Purchases in any organisation during Audit:-Remember that during audit whatever document you take from client take his signature on the same basically its a approval from client side that we provided the

A Brief explanation of standard on auditing (SA 550 related)

shikha 20 October 2014 at 11:48

This standard on auditing lays emphasis on the auditors responsibilities in regard to the related parties identified during the conduct of an audit of financial statments. It deals with the responsibilities and expands on how to make application of t

Oligopoly of the Big 4s

Sushil krishnan 22 September 2014 at 11:36

Since at least the 1980s the audit market has functioned as an Oligopoly with few large firms providing the auditing services to the majority of large companies. The past three decades have seen a steady tightening of the oligop

Compliances for annual filings 2014 - Are you CA 2013 ready?

Sundharesan Jayamoorthi 02 September 2014 at 11:09

Take care of these issues failing which you may fail on ensuring to be compliant this year for conducting the Annual General Meeting. Section 136 – Circulation of Financial statements • Financial statements, auditor’s report and ever

Concurrent Auditor and Family Doctor

CA Satish Badve 25 August 2014 at 10:53

As concurrent audit is a continues function it will always be called as extended arm of management function, a tool to reduce the gap between the transaction and audit of the same, a part of Internal control and so on. In spite of being there in t

Risk based audit

Deepika Agarwal 20 August 2014 at 11:12

INTRODUCTION Many of us think that the job of an auditor is very fascinating and easy, but it is not so, the job of an auditor is very hectic and involves lot of hard work and commitment. It involves checking whether the financial statements of the en

Web Based Audit in Cloud computing era

pappachan 11 August 2014 at 11:04

Last decade saw an evolution of cloud computing in area pertaining to Customer Relationship Management, Accounting and Financial Planning & Analysis. With major emphasis towards data efficiency and accuracy, cloud computing has now become buzz in

Recent Changes in Tax Audit Report

manoj sethia 01 August 2014 at 12:14

Vide notification no. 33/2014 dated 25.07.2014, CBDT has made amendments in Form 3CD and the same have been made effective for Tax Audit for assessment year 2014-15. Broadly, the changes have been made making Tax Audit Report (TAR) more comprehensive