Audit News


ICAI issued clarification on acceptance of certain assignments by concurrent auditor of bank branches

   10 April 2023 at 08:39

The members have sought guidance from the Institute on the matter of acceptance of certain assignments by the Concurrent Auditor of Bank Branches.

Posted in Audit |   8544 Views


ICAI forms Online Panel of Experts for addressing Bank Branch Audit related queries

   01 April 2023 at 08:43

Online Panel of Experts for addressing Bank Branch Audit related queries

Posted in Audit |   6075 Views


ICAI releases Guidance Note on Audit of Banks (2023 Edition)

   17 March 2023 at 08:41

Guidance Note on Audit of Banks (2023 Edition)

Posted in Audit |   9138 Views


ICAI | Implementation Guide to SA 580 Written Representations

   08 March 2023 at 06:58

Implementation Guide to SA 580 Written Representations

Posted in Audit |   6807 Views


ICAI issues Framework for Social Audit Standards

   04 February 2023 at 12:40

This Framework defines and describes the elements and objectives of a social audit performed by social auditors.

Posted in Audit |   8721 Views


ICAI releases ED for issuing guidance note on audit of public charitable institutions u/s 12A

   11 January 2023 at 08:36

Exposure Draft for issuing Guidance Note on Audit of Public Charitable Institutions under section 12A of the Income-Tax Act, 1961 for Public Comments

Posted in Audit |   4899 Views


ICAI | Draft Bank Branch Auditors' Panel (MEF) of CAs/firms for the year 2022-23

   03 January 2023 at 08:41

Draft Bank Branch Auditors' Panel (MEF) for the year 2022-23

Posted in Audit |   8208 Views


ICAI issues implementation guide to Standard on Auditing (SA) 230

   16 December 2022 at 08:33

Implementation guide to Standard on Auditing (SA) 230

Posted in Audit |   6168 Views


ICAI | Penalty of Rs 5 lakh imposed on CA for exceeding tax audit limit prescribed u/s 44AB

   10 December 2022 at 08:40

The Disciplinary Committee of ICAI has imposed penalty of Rs.5 Lakh and removed CA from Register of members for a period of 03 Months for professional misconduct on conducting tax audit under section 44AB of beyond the limit prescribed by the Institute

Posted in Audit |   32235 Views


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 |   6033 Views



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