An MRL is issued by the client (Auditee) to the auditor in writing as a part of Audit Evidence. This document during the audit clarifies the separation of responsibilities of the auditor and auditee (management).
Plan for safe exit along with COVID 19
Suggestion on Investment Decisions after COVID 19.The first and foremost question in our mind whether we have any surplus funds to invest during the F.Y.2020-21...
Bank Branch Statutory Audit from Remote Location due to COVID 19
Basics on Internal Audit of Sections(Segment) Electric Distribution Company (EDC)An EDC undertakes their operations through various segments these segments may ...
Social Responsiablity COVID 19
We should have basic subjects and skill development subjects to develop the skill to adopt, study, and apply the new subjects whenever they come.
This recommended scale of fees declared for Chartered Accountants came out with revisions. Since it is a recommended measure neither the appointee who hires the services of chartered accountant nor the persons who get hired have major say in this issue. Here are some suggestions on how the recommended scale of fees for CAs should be revised.
There is more emphasis on professional ethics by our ICAI to regulate the profession of the chartered accountancy. We all are well aware and masters of the professional ethics during our study while becoming the CA. as well as after becoming CA into the profession. As per our ICAI guidelines, some ethics are mandatory and others are re-commendatory.
Inventory Verification is undertaken by the companies at the year-end. Due to the outbreak of the COVID-19, the inventory verification process of various companies has been affected. Here is how the same can be dealt with.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English