Audit News

Guidance Note on Audit of Banks 2017 released

27 February 2017 at 16:24

Guidance Note on Audit of Banks 2017 edition issued by the Auditing and Assurance Standards Board The Auditing and Assurance Standards Board of the ICAI has today issued the Guidance Note on Audit of Banks 2017 edition. For the benefit of the members

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Last date for online submission of CAG application extended to 23 Feb

15 February 2017 at 18:19

Last date of online submission of application on C&AG has been extended to 23-02-2017.

Posted in Audit | 7104 Views

Bank Branch Auditors Panel for the year 2016-17

20 January 2017 at 11:03

Dear Colleagues,Please find placed below Final Bank Branch Auditors' Panel of Chartered Accountants/firms for the year 2016-17. To view your category and remarks thereof, if any, please click on the relevant interval:. MEF00001-05000 MEF05001-100

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Draft Bank Branch Auditors Panel for the year 2016-17

29 December 2016 at 10:45

Draft Bank Branch Auditors Panel for the year 2016-17

Posted in Audit | 4275 Views

Annual report and audited accounts of ICAI

01 November 2016 at 10:30

67th Annual Report and Audited Annual Accounts of the Institute for the year ended 31st March, 2016In accordance with the provisions of sub-section (5B) of Section 18 of the Chartered Accountants Act, 1949, a copy of the Annual Report and Audited Acc

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Constitution of Expert Group by MCA to look into issues related to Audit firms

01 October 2016 at 12:08

F. No. 17/112/2016-CL-VGovernment of IndiaMinistry of Corporate AffairsDr. Rajendra Prasad Road, New Delhi � 110001Dated 30th September, 2016ORDERSub: Constitution of Expert Group to look into issues related to Audit firmsSeveral audit firms ha

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Clarification on the difference in requirement relating to auditor rotation

01 October 2016 at 12:08

1. The Council of the Institute of Chartered Accountants of India (ICAI), at its 359th meeting held on September 16-17, 2016 considered an issue regarding the difference in requirements relating to the auditor’s rotation under the SQC 1, &ldquo

Posted in Audit | 1 comments | 3771 Views

Authorization of Practising CS for conducting Third Party Certification Audits

10 September 2016 at 10:52

THE INSTITUTE OF Company Secretaries of IndiaIN PURSUIT OF PROFESSIONAL EXCELLENCEStatutory body under an Act of ParliamentPDPP&S/LL/2016/37 Dated: September 09, 2016Dear Professional Colleagues Sub. : Authorization of Practising Company Secretar

Posted in Audit | 3 comments | 4869 Views

New and revised standards on auditing

19 May 2016 at 10:44

Revised SA 700, Forming an Opinion and Reporting on Financial Statements. New SA 701, Communicating Key Audit Matters in the Independent Auditor�s Report. Revised SA 705, Modifications to the Opinion in the Independent Auditor�s Repo

Posted in Audit | 2 comments | 9822 Views

Simplification of procedure to deal with audit objections raised in indirect taxes by CAG

13 April 2016 at 10:30

Central Board of Excise and Customs (CBEC) has issued a circular to simplify the procedure of dealing with audit objections raised in indirect taxes by the office of CAG. The Circular rescinds all the past circulars and instructions and prescribes a

Posted in Audit | 9192 Views