Audit Articles
MCA issues notices for non-compliance with Cost Audit
MCA has started issuing notices for non-compliance with cost audit provisions By CMA Navneet Kumar Jain FCMA, MBA, LL.B., M.COM., PGDTL, LIII., AIIISLA It is natural for the corporates to go soft on the compliance provisions with regard to any of
Comprehensive Procedure for E-Filing of Tax Audit Report
Registration of CA Go to incometaxindiaefiling.gov.in and click on REGISTER YOURSELF and select the option Tax professional Chartered Accountant. The Registration Form will require your Membership Number, enrolmen
Internal Audit-Role of Management and Internal Auditor
Internal Audit Role of Management and Internal Auditor in its successful and effective execution WHAT IS INTERNAL AUDIT? Internal Audit as the name implies is an audit which is got carried out by the internal management. Generally internal audit is
Forensic Auditing & Internal Auditing
Forensic Auditing: Todays era has fallen prey to complete digitalization; may it be in the field of accounting or for that matter all the spheres of business conduits. While this computerization has enormous advantages; like any other devel
Comparison Of Old Audit Report Format With SA 700(Revised)
Hello, Everyone, as we all know Audit period has started and we all are busy in Auditing and Finalization work and this time we all have to prepare Audit Report in a Revised Format. While going through the Revised format and the Old Format, I have
Introduction of New Audit Report Format by ICAI
Revision in format of Implementation of SA 700 (Revised) /SA 705/SA 706
Stock Audit
A cash credit limit against hypothecation of Stock & Debtors is very commonly adopted as a mode of finance. In such case the borrowers are required to submit stock statements showing details of Stock (RM,WIP,Consumables,FG) & Debtors so that
Importance of Gaining Knowledge About Client's Business
In an audit it is important for an auditor to acquire sufficient knowledge about the client's businessthis will not only help him/her express an opinion as to the truth and fairness of assertions in the financial statements but also help him/her safe
More than Just Auditing
What things make difference between normal auditor and valuable auditor? More particularly I am focusing on article called as More than Just Auditing because we are leaving in a country which is emerging as a developed country by lat
Audit Evidence & Audit Documentation-Fundamental Necessity and Professionalism
About The Topic- This is very important topic for students and professionals both. As far as for students of Ca-Final and CA-IEPCC (earlier called IPCC) it cover
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