Audit Articles

Art of Internal Auditing!

Selvakumar Selvaraj 07 March 2012 at 11:27

Now, the world is in twenty first century, everywhere changes could be visualised but with respect to accounting, auditing etc, where is the change? Modern organisations have become more sophisticated and thus resulted

Innovative assurance and advisory services

Sonia Jaspal 11 February 2012 at 15:34

The business teams mental picture of an auditor is of a guy focused on nitpicking financial accounts. The excessive focus from regulators on internal controls in finance processes has stereotyped auditors. However, in these dynamic economic cond

Audit program for purchases by manufacturing organizations

Third Eye Advisory 06 February 2012 at 13:39

Whether purchase planning is centralised or decentralised. Check the role of Head Office/Works in formulating the p

Master audit program of administration expenses

Third Eye Advisory 02 February 2012 at 16:40

COURIER CHARGES 1.Check whether comparative quotations have been called for or not see whether the best quotation has been selected - Annual rate contract can be checked.

Auditing in CIS environment

Chiranjiv Singh 30 January 2012 at 11:04

INTRODUCTION Now-a-days, the corporate world is getting more and more inclined towards the use of Information technology (IT) and computer information system (CIS) in their daily operations. This has changed the manner in which the org

Strategy To Execution - A Risky Path

Sonia Jaspal 27 January 2012 at 16:03

Some companies fail and some succeed spectacularly in the same market conditions. The question for successful companies is what did they do differently? On the other hand, failure is attributed to either poor strategy or pathetic operation

Challenges in Finalization of Accounts for the year 2011-12

CMA Navneet Kr Jain 17 January 2012 at 12:18

Challenges in Finalization of Accounts for the year 2011-12 post new Cost Accounting Records Rules By Navneet Kumar Jain FICWA, MBA, LL.B., M.COM., PGDTL, LIII., AIIISLA Ministry of Corporate Affairs has done a remarkable job for the indus

Statutory Audit of Branch of The Bank

CA Satish Badve 13 January 2012 at 12:24

The bank branch statutory audit is a yearly task and has a vital importance due to following reasons. 1. Time for completion of audit is very limited and the audit had to be completed on or before specific date. 2. Increase in instances and new te

Basic of Stock Audit

CA Satish Badve 08 January 2012 at 15:35

Preface: The exercise of stock audit was initiated by the banks in way back 1992 onwards, after Harshad Metha Scam. The idea is to verify the security offered to the banks against

Investigative Techniques

Member (Account Deleted) 06 January 2012 at 12:06

INTRODUCTION: I take the privilege to present the paper on Investigative Techniques in fraud investigation. In todays scenario, there is a growing need for fraud awareness