Audit News


Companies (Auditor's Report) Order (CARO) 2020

   26 February 2020 at 11:31

Companies (Auditor's Report) Order (CARO) 2020

Posted in Audit |   8316 Views


Announcement on MEF 2019-20

   08 January 2020 at 12:34

Announcement on MEF 2019-20

Posted in Audit |   4797 Views


Draft Bank Branch Auditor panel of CA firms hosted for 2019-20

   21 December 2019 at 12:29

Draft Bank Branch Auditor panel of CA firms hosted for 2019-20

Posted in Audit  1 comments |   11241 Views


NFRA issues audit quality review report of IL&FS

   16 December 2019 at 09:45

The National Financial Reporting Authority (NFRA) has issued Audit Quality Review (AQR) report of the statutory audit for the year 2017-18 of IL&FS Financial Services Limited (IFIN). The statutory auditor for this engagement was Deloitte Haskins

Posted in Audit |   3630 Views


Applicability of guide on resignation from an engagement to perform audit

   10 December 2019 at 11:56

Announcement on Applicability of "Implementation Guide on Resignation/ Withdrawal from an Engagement to Perform Audit of Financial Statements" to Statutory Auditors of Listed Entities and their Material Subsidiaries

Posted in Audit |   2796 Views


ICSI UDIN and eCSIN Guidelines mandatory w.e.f. 1st October, 2019

   04 October 2019 at 10:59

Dear Professional ColleagueSubject : ICSI UDIN and eCSIN Guidelines mandatory w.e.f. 1st October, 2019The role of the Company Secretaries as governance enablers in the Indian corporate scenario has been well acknowledged, both by the corporates and t

Posted in Audit |   6894 Views


RBI revises Concurrent Audit Fees commensurate with scope and coverage of audit

   23 September 2019 at 10:09

RBI/2019-20/64DBS.CO.ARS.No.BC.01/08.91.021/2019-20September 18, 2019All Scheduled Commercial Banks (other than Regional Rural Banks), Small Finance Banks, Payments Banks and Local Area BanksMadam/ Dear Sir,Concurrent Audit SystemPlease refer to circ

Posted in Audit |   9162 Views


Advisory on Auditor's Reporting on Section 197(16) of the Companies Act, 2013

   09 September 2019 at 17:12

The auditor of the company shall, in his report under section 143, make a statement as to whether the remuneration paid by the company to its directors is in accordance with the provisions of this section.

Posted in Audit |   6615 Views


UDIN mandatory for all Audit/Assurance/Attest function from 1st July

   02 July 2019 at 12:18

It has been noticed by the Institute of Chartered Accountants of India that Financial Documents / Reports / Certificates are being signed by Non-CAs misrepresenting themselves as CA Members thereby misleading the Regulators, Authorities and Stakehold

Posted in Audit |   3996 Views


Advisory to Practicing Members conducting Cost Audit

   02 July 2019 at 12:16

Advisory to Practicing Members conducting Cost AuditThe Cost Audit Branch, Ministry of Corporate Affairs had issued an Exposure Draft for amendments to the Companies (Cost Records & Audit) Rules, 2014. However, due to certain technical issues, th

Posted in Audit |   1980 Views



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