Audit Articles


All about Internal Audit

  Pankaj Gandhi Jaiswal    17 November 2012 at 12:14

When we run an Enterprize we be too busy in getting the goals or loosing the goals and become biased for the reason of success or failure. If we get success we think that we are strong and if we fail that then think that we



All about CAG

  CA Pooja Agarwal    30 October 2012 at 11:54

CAGs Cannot Be Cheer Leaders Very recently, Indias national auditor has said the government should not expect it to be a cheerleader for all of its actions. Comptroller & Auditor General Vinod Rai took the opportunity of addressing his se



MCA to Review Cost Audit/Compliance Reports

  CMA Navneet Kr Jain    24 October 2012 at 13:03

MCA to Review Cost Audit/Compliance Reports



Forensic Audit

  Member (Account Deleted)    20 October 2012 at 13:33

FORENSIC AUDIT-DEFINITION Forensic audit involves examination of legalities by blending the techniques of propriety , regularity and investigative and financial audits. The objective is to find out whether or not true business value has been reflect



Internal Audit- 'A Shift'

  Jitendra Jain    03 October 2012 at 12:43

A shift from Conventional Internal Audit to Risk Based Internal Audit The present Internal Audit across small and mid-sized organisation involves a dry review of Purchase, Sales, Operations, Finance and Payroll fun



Audit of fixed assets

  *RENU SINGH *    02 October 2012 at 13:06

Objectives:- Ensure that All Expenses which need to be capitalized are capitalized; Company is maintaining proper Records of Fixed Assets; Deprecation , Profit/Loss on Fixed Assets Correctly Calculated; Compliance of Ac



Risk Assessment of Marketing Function

  Sonia Jaspal    11 September 2012 at 11:56

The global economy is facing turbulent times with US in recession, Europe in economic crises and emerging markets growth slowing down. Frequently organizations panic on hearing forecasts of looming recession. They cut down marketing budgets, innov



Ledger Scrutiny - Backbone of Statutory Audit (Part - 2)

  SANYAM ARORA    08 September 2012 at 12:44

Greetings of the Day to All the member of CCI Family. So friend's after the success of Part - 1 of Ledger Scruitny - Backbone of Statutory Audit



Performing Agreed Upon Procedures

  Milind M. Kulkarni    03 September 2012 at 12:21

As a part of our professional work, we are often required to carry out Agreed Upon Procedures (AUP). Let us have a look at what AUP mean, what approach is required while performance of AUP and what are applicable standards issued by ICAI. Meaning AU



Cost Auditors Appointment: Penalties for Non Compliance with respect to Appointment of Cost Auditor Notified

  CMA Navneet Kr Jain    01 September 2012 at 12:55

29th June, 2012 was the Last date of filing Form 23C relating to appointment of Cost Auditor (for the financial year 2012-13) with M




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