Easy Office

Audit News


NFRA Debars Two Chartered Accountants in Reliance Capital Case, Levies Fine

   16 April 2024 at 08:57

The National Financial Reporting Authority (NFRA) has taken decisive action against alleged misconduct, debarring two Chartered Accountants (CAs) for a period ranging between 5 to 10 years.

Posted in Audit |   4683 Views


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 |   336 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 |   2766 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 |   7410 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 |   6714 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 |   4803 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 |   2259 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 |   3135 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 |   7041 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 |   3033 Views