Audit News

C and AG Empanelment-Last date extended

11 February 2009 at 22:04

Last date of Online Submission of Application of CA Firms for PSU Audits to C&AG has been extended to 20th February 2009. Last date of Online Submission of Application of CA Firms&nb

Posted in Audit | 2 comments | 15171 Views

Procedure for Appointment of Branch Auditors in PSBs

11 February 2009 at 10:39

Procedure for Appointment of Branch Statutory Auditors in Public Sector Banks (Psbs) for the Year 2008-09 - (11-02-2009) - 1. The large PSBs having balance sheet size (assets + liabilities) of above Rs. 1 lac crore each to exercise managerial au

Posted in Audit | 1 comments | 9249 Views

Extension of Time for Completion of Peer Review

12 January 2009 at 19:14

Peer Review Process is required to be completed within a stipulated time schedule, those firms which did not adhered to this time schedule were sent a communiqu to complete their Peer Review Process by November, 2008. Our communiqu also stated that t

Posted in Audit | 11133 Views

Four more Auditing Standards approved

25 December 2008 at 14:37

Revised Auditing Standards on Fair Value, Audit Sampling, Related Parties and Opening Balances The Council of the Institute in its recently concluded 283rd meeting has approved four more Standards on Auditing. These SAs relate to important aspects in

Posted in Audit | 8 comments | 35562 Views

Date for completion of Peer Review process extended till Dec 15, 2008

29 November 2008 at 15:29

Practice Units selected for undergoing Peer Review were advised to ensure that the Peer Review Process was completed in their cases latest by November 30, 2008. It has now been decided that date for completion of Peer Review process be extended till

Posted in Audit | 3 comments | 13407 Views

Draft Bank audit empanelment for 2008-09 list hosted!!

01 November 2008 at 22:11

Draft Panel for the year 2008-09East North South West (Categorization is subject to verification of Declaration and Financial Documents. Feedback if any on draft panel may be sent to mefpdc@icai.in on or before 05/Nov/2008)Declaration in res

Posted in Audit | 1 comments | 27708 Views

Auditors should partner the Governemnt in Social Sector Programmes

15 October 2008 at 01:05

Auditors should partner the Governemnt in Social Sector Programmes: President 24TH ACCOUNTANTS GENERAL CONFERENCE INAUGURATED FOCUS ON GOOD GOVERNANCE: CAG President of India, Smt. Pratibha Devi Singh Patil said that auditors should partner th

Posted in Audit | 5337 Views

MEF Application Form submission date extended to 6th Oct for 2008-09

15 September 2008 at 13:23

The last date for submission of application on the website www.meficai.org has been extended to 6th October, 2008 and the last date for receipt of duly signed hard copy of declaration (alongwith the acknowledgement of soft submission of application)

Posted in Audit | 1 comments | 6486 Views

Auditors' Edition of Tally

30 August 2008 at 16:18

The Business Advisory Program is an ICAI (Institute of Chartered Accountants of India) initiative to help their members to explore new avenues to enhance their scope of services, thereby increasing their revenue opportunities. Considering Tally's exp

Posted in Audit | 1 comments | 25515 Views

SEBI circular on Internal Audit

26 August 2008 at 12:37

DEPUTY GENERAL MANAGERMARKET INTERMEDIARIES REGULATION &SUPERVISION DEPARTMENTDIVISION OF POLICY AND SUPERVISION - IIITel: 26449261, Fax: 26449021Email: manojk@sebi.gov.inMIRSD/ DPSIII/ Cir-26/ 08August 22, 2008The Managing Director / Executive D

Posted in Audit | 1 comments | 19632 Views