Audit Articles

Format of Auditors Report

Posted by CA.Tarun Maheshwari 10 February 2009 49499 Views

Auditor’s Report to the Members of ………………(name of the Company)We have audited the attached Balance Sheet of……………….(name of the Company), as at 31st March, 2XXX

Depreciation rate as per companies act

Posted by CA Rahul Verma 10 February 2009 242300 Views

RATES OF DEPRECIATION UNDER COMPANIES ACTSCHEDULE XIV[See sections 250 and 350] RATES OF DEPRECIATION__________________________________________________________________________ Single Shift Double Shift Triple Shift Nature of Assets

Environmental Audit

Posted by Ravikumar.G 11 October 2008 16451 Views

Environmental reporting deals with the disclosure by an entity of environmentally related data like environmental risks, impacts, policies, strategies, targets, costs etc to those who have an interest in such information as an aid to enabling / enric

company auditor

Posted by CA Ankur Mittal 02 October 2008 74338 Views

AN OVERVIEW RELATING TO AUDIT UNDER THE COMPANIES ACT, 1956 Audit of Annual Accounts of a company is compulsory and is indispensable part of incorporated business. Those who carry on business with the other people’s money have to be accountabl

Internal Control & Auditors

Posted by Member (Account Deleted) 22 August 2008 22921 Views

Importance of Review of Internal Control to the Statutory AuditorsORDuties of an Auditor with regard to Internal Control OR How does the Internal Control affect the work

Casual Vacancy

Posted by CA. Aryendra 19 August 2008 35103 Views

A vacancy in the office of the auditor of the company before the term has expired is a casual vacancy. The term has not been defined in the Act. But there are several circumstances in which the casual vacancy arises. The term used may be `casual' but

audit documentation

Posted by nehal 18 August 2008 81390 Views

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

Scope of CISA

Posted by Rushikesh 29 July 2008 30721 Views

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

steps necessary to Plan/Start the Audit Engagement

Posted by chetan soni 18 March 2008 11306 Views

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

Posted by Kaustuv 28 January 2008 170444 Views

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