Audit Articles
Internal Audit as per Companies Act 2013
As per Section 138 of Companies Act, 2013 Internal Audit has been mandated upon certain classes of companies. Such companies are required to appoint a person as an Internal Auditor who must be CA or Cost Accountant or professional as prescribed. Companies are subject to conduct an internal audit as per there size and requirement.
How to Start an Audit of a Listed Entity?
In this article, we will discuss the step-by-step process of initiating an audit of a listed entity.
Standards on Auditing for LLPs by ICAI
ICAI has proposed Standards on Auditing for Limited Liability Partnerships (LLPs), let's discuss this with explanation of each SA applicable to LLPs
Cost Audit and Cost Records Applicability 2022-23
Through this article, we have tried to answer most of queries which a company can have with regard to cost records applicability or cost audit.
What is audit and what are the different types of audits?
Audit is the activity of evolution and determine the financial, operational and strategic goals and exercise in an organizations to decide if the organization is in accordance with the rules and regulations.
Crucial role of internal auditor in educational institution
In an era where educational institutions play a pivotal role in shaping the future of individuals and societies, ensuring transparency, accountability, and qual...
Mastering Purchase Reconciliation: A Guide to Efficiency and Insight
Balancing the Books: Exploring the How-To and Why-It-Matters of Reconciling Purchases with the Purchase Register
Vertical Analysis of the Income Statement
Vertical analysis is a way to analyze financial statements. It shows each item as a percentage of a base figure. It is easy to understand. In this type of analysis, all income statement items are shown as a percentage of Sales.
Step wise Human Resource Audit with Checklist and its Benefits
A human resource audit is a comprehensive review and evaluation of an organization's HR policies, practices, and procedures. It helps identify strengths, weaknesses, and areas for improvement in the HR function.
Tax Audit Applicability - A Guide
Tax audit refers to the examination and verification of a taxpayer's financial records, transactions, and other relevant information to ensure that they hav
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