Audit News


Electronic Signatures valid for Signing Audit Reports and Certificates: ICAI

   13 April 2020 at 22:43

The ICAI announced that the members of ICAI may use electronic signature for signing audit reports, all reports issued pursuant to any attestation engagement and certificates. However, the members need to ensure compliance with all the requirements r

Posted in Audit |   4224 Views


ICAI invites comments on Standard on Internal Audit(SIA)

   05 March 2020 at 10:53

ICAI invites comments on Standard on Internal Audit(SIA)

Posted in Audit |   3345 Views


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 |   6897 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