Audit Articles
A Complete Guide ESG in Auditing
Here's a guide on ESG (Environmental, Social, and Governance) in auditing as per discussions and recommendations from UNO
Essential Tools for Auditing Digitally
Auditing digital systems requires specialized tools designed to navigate complex digital landscapes, analyze data, and ensure compliance with regulatory requirements.
The Role of Internal Audit in SMEs
Small and Medium-sized Enterprises (SMEs) play a pivotal role in driving economic development and job creation globally. As these businesses navigate the competitive landscape, ensuring robust internal controls and effective risk management becomes paramount.
Crucial Role Of Reliance On Third Parties And Experts In The Audit Process
In the ever-evolving landscape of finance and business, auditors find themselves navigating through turbulent seas, facing challenges that are as dynamic as the markets they scrutinize.
Unveiling Professional Misconduct: NFRA's Order on Seya Industries Limited's Statutory Audit
In a recent development, the National Financial Reporting Authority (NFRA) has issued a consequential order shedding light on the statutory audit of Seya Industries Limited for the financial years 2018-19 and 2019-20.
Case of the Uncooperative Auditor and a Lesson in Professional Responsibility
Few days ago, I appealed ICAI to raise professional misconduct fund, even posted at my LinkedIn handle regarding ICAI to bring some insurance scheme to cover risks of CA from paneities and fines up to 50 lac to 1 crore with a nominal premium every year
Company Secretary as a Forensic Auditor
Forensic Audit represents an area of finance that combines detective skills and financial acuity.
Things to be checked before Balance Sheet Finalization
Balance Sheet finalization is the most important work that needs to be done for Statutory Audit. Discussing all the important points that need to be taken care of before finalization of the balance sheet.
Understanding of Standard on Quality Management SQC 1
SQC 1 deals with the firm's responsibility for having a system of quality management. The SQC is the mechanism that creates an environment that enables and supports engagement teams in performing quality engagements.
NFRA Imposes 5 Lakh Penalty and 10-Year Ban on Two Auditors of BHPL over Audit Lapse
This Order by the NFRA disposes of the SCN issued to CA Jignesh Mehta, a member of ICAI and the Engagement Partner (EP) for the statutory audit of Dewan Housing Finance Corporation Limited (DHFL) for the Financial Year 2017-18.
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