Audit News

Expert Panel For Addressing Queries Related To Statutory Audit Pertaining To Auditing Aspects

11 April 2024 at 14:09

ICAI being the world's largest accounting body and regulator and developer of accountancy profession in India has always partnered in Nation Building and provided services for economic development of the country.

Posted in Audit | 837 Views

Online Panel of Experts for Addressing Bank Branch Audit Related Queries for FY 2023-24

29 March 2024 at 08:59

With a view to support the members for fast resolution of queries, AASB is pleased to announce an Online Panel of Experts for addressing Bank Branch Audit related queries for financial year 2023-24.

Posted in Audit | 3132 Views

ICAI Introduces 2024 Edition of Excel Utility for Bank Branch Audits

29 February 2024 at 09:02

The Institute of Chartered Accountants of India (ICAI) has launched the latest version of the Excel Utility for Bank Branch Audits in 2024.

Posted in Audit | 8766 Views

NFRA Initiates First Annual Inspection of Key Audit Firms by April 2024

20 February 2024 at 09:07

The National Financial Reporting Authority (NFRA) is set to embark on its inaugural annual review of prominent auditing organizations, including the industry's behemoths known as the Big Five.

Posted in Audit | 7119 Views

ICAI releases Guidance Note on Audit of Banks - 2024 Edition

15 February 2024 at 09:07

The area of operation / function of the Personal Banking Department is typically confined to resource mobilization, i.e., source of funds (for the bank) in the form of CASA deposits, term deposits, customer service and operations.

Posted in Audit | 6009 Views

ICAI Issues SA 800 (Revised), SA 805 (Revised) and SA 810 (Revised)

08 February 2024 at 09:22

Issuance of SA 800 (Revised), SA 805 (Revised), SA 810 (Revised)

Posted in Audit | 2754 Views

ICAI Releases Draft Bank Branch Auditors' Panel (MEF) for 2023-24

26 January 2024 at 08:00

Draft Bank Branch Auditors' Panel (MEF) for the year 2023-24

Posted in Audit | 3393 Views

NFRA Unveils Audit Quality Lapses in Big 4 Network Entities

23 December 2023 at 15:19

National Financial Reporting Authority (NFRA) Unveils Audit Quality Inspection Findings on Deloitte, PwC, EY, and KPMG Network EntitiesThe National Financial Reporting Authority (NFRA) has disclosed a series of deficiencies in the auditing-related ac

Posted in Audit | 7503 Views

ICAI releases Exposure Draft of Guidance Note on Audit of Banks (2024 Edition)

11 December 2023 at 08:57

Auditing and Assurance Standards BoardThe Institute of Chartered Accountants of India10th December, 2023Exposure Draft of Guidance Note on Audit of Banks (2024 Edition) The Auditing and Assurance Standards Board (AASB) of ICAI under the authority of

Posted in Audit | 3228 Views

Year-wise Breakdown of CA Firms Serving as Statutory Auditors in PSBs Over the Past 3 Years

05 December 2023 at 09:53

As per information received from RBI, Year-wise and PSBs-wise details of the total number of CA firms engaged as Statutory Central Auditors (SCA) and Statutory Branch Auditors (SBAs), in the last 3 years are annexed

Posted in Audit | 1 comments | 19554 Views