Audit Articles

audit documentation

nehal 18 August 2008 at 00:31

PRACTICAL GUIDE TO DOCUMENTATION FOR AUDIT (including documentation for peer review / Financial Review and other assurance services)

A career as Information Systems AuditorThe roles of IS Auditor and Information Security Auditor are becoming very significant. So CISA certification definitely opens up doors to many opportunities. by Avinash KadamWe are familiar with the term audit

Audit Program

pawan 10 July 2008 at 22:48

AUDIT PROGRAMME NAME OF CONCERN FINA

steps necessary to Plan/Start the Audit Engagement

chetan soni 18 March 2008 at 22:55

Obtaining an understanding of the entity's business and the industry in which it operates. Inquiries concerning the entity's accounting principles, policies and practices. Inquiries concerning the entity's procedures for recording,

What is Professional Skepticism

Kaustuv 28 January 2008 at 10:32

Professional skepticism § Professional skepticism is a key element of a quality audit § Professional skepticism means: · Not accepting the evidence you have gathered at face value· Continuing to pursue all avenues of inquiry on the topic at hand

5 tips for surviving an audit

Mr. PURNA P 03 November 2007 at 12:52

5 tips for surviving an audit If you are being audited, don't panic. Be prepared and know your legal rights.1. Do your homework. Before you go into the auditor's office, get organized. Get all your papers together. Go over your return carefully. Beco

Auditing needs to become global

Aisha 29 October 2007 at 17:15

European investors today regularly invest across national borders. In order to safeguard their interests, the European Commission (EC) is concerned about the regulation of non European Union (EU) audit firms and has proposed principles for such regul

Eliminating The Audit Expectations Gap: Reality or Myth?

CA. Rayan Sequeira 08 October 2007 at 21:33

A gap between the auditor's actual standard of performance and the public expectations of auditor's performance."Blessed is the man who expects nothing, for he shall never be disappointed" is one of the famous quotes by Alexander Pope what we had bee

MAT Credit - An overview of its rationale and impact

CA. Rayan Sequeira 06 October 2007 at 16:15

"There was an era when the corporate entities mocked at the income tax department, since they had sizeable profits as per the accounting books but ended up contributing nothing to the coffers of the department. Taking the tax provisions to their adva

Professional Ethics - An Introductory Course in Value Education

CA. Rayan Sequeira 06 October 2007 at 16:15

Ethics generally means the science of conduct or morality. Ethics are a blend of customs and cultures followed by people and are important in all kind of work we do, be it business or profession.Equally it applies even to our profession and we cannot