Audit Articles

Preparing for Government Audit

Posted by Anurag 16 October 2013 22119 Views

EXPENDITURE AUDIT (M99,M07)(N01,N03,N06)(N11) Audit against Rules &Orders(M08) Is expenditure = in conformity with statutory provisions and financial rules and regulations? Functio

Audit Report for CA IPCC

Posted by Anurag 16 October 2013 28531 Views

AUDIT REPORT Draft an illustrative Audit Report u/s 227 of the Companies Act, 1956, with a few qualifications. Annexure u/s 227(4A) is not required. In this situation, we depict a case where the auditor was unable to obtain su

Audit Working Papers - CA IPCC

Posted by Anurag 08 October 2013 42734 Views

Audit Working Papers (M10, N11, M07, and N12) Theme If you havent documented, you havent performed SA 230 Audit Documentation (N08) Utility: Documen

Audit Trail in EDP: Audit CA IPCC

Posted by Anurag 05 October 2013 28721 Views

Audit Trail in EDP (N04) Audit is doable if one can relate one-to-one basis, the original input along with the final output a) In some situations, output is as complete and as detailed as in any manual system. E.g. Detailed calc

Preparation Strategies for Auditing & Assurance - IPCC Paper 6

Posted by Anurag 01 October 2013 141962 Views

Instead of giving you a blanket statement Study hard etc, I though would give you more strategic insights. There is no assurance that the strategy I enumerate would necessarily work for you in the Auditing paper. However given my pas

Preparation Strategy for Audit for CA Final

Posted by Anurag 20 September 2013 41071 Views

Advising someone on how to go about preparing for auditing is a tricky affair as I had adopted a very risky strategy.Luckily the gambit worked for me .But the same may not work for you. Actually it all depends on the question paper. Audit would alwa

Case Studies for Company Audit -1 (CA-IPCC)

Posted by Anurag 17 September 2013 42524 Views

At the AGM of ICI Ltd., Mr X was appointed as the statutory auditor. He, however, resigned after 3 months since he wanted to give up practice and join industry. State, how the new auditor will be appointed by ICI Ltd. Specify provisions of Sectio

CARO 2003

Posted by Anurag 10 September 2013 130613 Views

Companies (Auditors Report) Order, 2003 (CARO, 2003) All companies including a foreign company as defined u/s 591 Banking companies, insurance companies and Section 25 companies = Exempt Private companies fulfilling certain conditions

64 Tax Audit Problems & Solutions

Posted by CA Nitesh Kumar More 05 September 2013 106256 Views

TECHNICAL ISSUES - FAQ BY ICAI 1. PROCEDURE TO UPLOAD TAR

3CB/3CD E-Filing Utility - Turning into Harassment of the Professionals

Posted by CA Sudhir Halakhandi 02 September 2013 18097 Views

The xml utility of E-filing of Tax audit report is under process of continuous alterations, amendments, modifications and the last in this series of is introduced on 24th Aug 2013. Our first question is that why so many amendments, modification, a