Audit News
Auditor's Reporting Responsibilities relating to Dismantling of IMTPIP by IRDA
18 May 2012 at 12:17Auditor’s Reporting Responsibilities relating to Dismantling of IMTPIP by IRDA
Revised Effective Date/ Applicability of three Standards on Auditing
18 April 2012 at 09:55Important Announcement on revised Effective Date/ Applicability of three Standards on Auditing, namely – - SA 700 (Revised), “Forming an Opinion and Reporting on Financial Statements”; - SA 705, “Modifications to the Opin
Compliance Under Service Tax - 2012-13 - Bank Audit
30 March 2012 at 10:17The compliance under service tax provisions post Finance Bill 2012 may need clarity on 3 aspects which are discussed as under: I. Small Service Provider Exemption The basic exemption is available to the CA whose taxable services in 2011-12 d
Exposure Draft of Guidance Note on Performance Appraisal (Form-III of CAR 2011) Report
09 March 2012 at 17:48The Technical Cell of National Task Force constituted by the Institute has approved the release of the Exposure Draft of Guidance Note on Performance Appraisal (Form-III of CAR 2011) Report. The proposed Guidance Note may be modified in light of
Regarding Bank Branch Audit related matters
05 March 2012 at 18:20The office bearers and Council Members of the Institute have been in receipt of a representation from various members in regard to certain issues concerning the profession and in particular re: matters relating to bank branch audit, appointment pr
India Takes Over Chair of ASOSAI
01 March 2012 at 11:09India today took over the chair of assembly and governing board of Association of Supreme Audit Institutions (ASOSAI). Comptroller and Auditor General of India, Mr. Vinod Rai is the new chairman of the 45 nation strong Asian Organization of the In
12th Assembly of ASOSAI begins Tomorrow
28 February 2012 at 15:29The 12th meeting of the Assembly of Asian Organisation of Supreme Audit Institutions (ASOSAI), a regional group of the International Organisation of Supreme Audit Institutions (INTOSAI), will be inaugurated by the Governor of Rajasthan, Shri Shiv
Auditors not attending the appeals challenging the audit classification during the course of statutory audit
23 February 2012 at 13:11FOR THE INFORMATION OF FIRMS/ MEMBERS ON THE PANEL OF AUDITORS AS MAINTAINED BY THE COOPERATIVE DEPARTMENT. We are enclosing herewith letter No. 1113 Dt. 22.12.2011 issued by the Cooperative Department, Maharashtra. As per the said letter som
CAASB releases Exposure Draft CAAS - 340
22 February 2012 at 17:26Cost Audit and Assurance Standards Board of the Institute has approved the release of Exposure Draft of Cost Audit and Assurance Standard on Audit Documentation (CAAS - 340). The proposed standard may be modified in light of comments received befo
CAASB releases Exposure Draft CAAS - 320
18 February 2012 at 11:05Cost Audit and Assurance Standards Board of the Institute has approved the release of Exposure Draft of Cost Audit and Assurance Standard on Planning an Audit of Cost Statements (CAAS - 320). The proposed standard may be modified in light of comme
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