Audit News


Mandatory evaluation of Audit Quality Maturity of firms using Revised AQMM Rev v1.0

   14 September 2022 at 08:35

W.E.F. the 1st of APRIL 2023, the firms auditing the following types of entities shall be mandatorily required to undertake an evaluation of their audit quality maturity using the Audit Quality Maturity Model Revised Version 1.0 (AQMM Rev v1.0)

Posted in Audit |   6162 Views


CBDT inserts Rule 17AA notifying books & other documents to be maintained by different institutions

   11 August 2022 at 08:49

The Central Board of Direct Taxes (CBDT) on August 10, 2022, issued Income-tax (24th Amendment) Rules, 2022 to further amend the Income-tax Rules, 1962.

Posted in Audit  1 comments |   8634 Views


ICAI releases Exposure Draft of Compendium of Social Audit Standards

   06 August 2022 at 08:43

Exposure Draft of Compendium of Social Audit Standards - for Comments

Posted in Audit |   4632 Views


IT Dept conducts raids in Delhi, Mumbai for alleged manipulation in stock markets

   27 July 2022 at 08:38

Income Tax Department carried out a search and seizure operation on 05.07.2022 on a group engaged in agro and textile business, and another group of entry operators.

Posted in Audit |   6180 Views


CAASB releases Exposure Draft of the Revised SCAs seeking public comments till July 8, 2022

   25 June 2022 at 08:32

Exposure Draft of the Revised Standards on Cost Auditing (SCAs)

Posted in Audit |   2550 Views


CAASB releases Exposure Draft of the Revised SCAs seeking public comments till June 23, 2022

   03 June 2022 at 08:39

Second Proviso to Section 148(3) of the Companies Act, 2013 states that the auditor conducting cost audit shall comply with the cost auditing standards.

Posted in Audit |   2703 Views


ICAI organizes programme to provide extensive understanding of AQMM v 1.0 for prospective trainers

   19 May 2022 at 08:44

One Day Train the Trainer Programme for prospective trainers for "The Audit Quality Maturity Model v 1.0."

Posted in Audit |   4158 Views


ICAI forms an Expert Panel for addressing queries related to Statutory Audit pertaining to Auditing Aspects

   16 April 2022 at 08:22

Board has formed an Expert Panel who will provide technical support to the members with respect to their queries and concerns on auditing aspects.

Posted in Audit  1 comments |   3516 Views


ICAI invites for Expression of Interest for Empanelment as Subject Matter Expert in the Statutory Audit of Entities pertaining to Auditing Aspects

   11 April 2022 at 08:28

Invitation for Expression of Interest for Empanelment as Subject Matter Expert in the Statutory Audit of Entities pertaining to Auditing Aspects

Posted in Audit |   2532 Views


ICAI releases 2022 edition of guidance note on audit of banks

   11 February 2022 at 08:56

Guidance Note on Audit of Banks (2022 Edition)

Posted in Audit |   3846 Views



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