CA, CS, CMA : The article explains why ERP records alone cannot establish asset existence and why physical verification remains essential for ac...
CA, CS, CMA : The article explains why debtor realisation and ageing should be analysed over at least three months to assess receivable quality ...
CA, CS, CMA : CMA data forms the backbone of working capital assessment by helping banks determine genuine funding requirements and borrower con...
CA, CS, CMA : The article explains how unusually flawless records may signal a managed presentation rather than genuine business performance, re...
CA, CS, CMA : Focusing only on receivables can miss significant risks embedded in related-party payables. A bilateral review reveals internal gr...
Income Tax : Join us for an insightful session with CA Bikash Bogi, a seasoned tax expert with over 15 years of practical experience, as he bre...
Company Law : Multinational companies cannot conduct surrogate audit work in India under Chartered Accountants Act, 1949 and Companies Act, 2013...
CA, CS, CMA : Get expert support on auditing aspects for statutory audits. ICAIs Auditing and Assurance Standards Board (AASB) forms an expert p...
CA, CS, CMA : Discover the catalytic role of audit in enhancing efficiency and effectiveness, as emphasized by the Comptroller and Auditor Gener...
CA, CS, CMA : Explore the essential aspects of audit documentation, its nature, purposes, and compliance requirements. Learn best practices for ...
Service Tax : The High Court in this regard stayed CAG audit of a private limited company providing warehouse and logistical support services in...
Service Tax : Gujarat High Court granted stay on conducting audit of records of taxpayers under 5A of Service Tax Rules, 1994, by Officers of C&...
Finance : The Delhi High Court has delivered a judgement in the case of Association of Unified Telecom Service Providers of India Versus Uni...
Income Tax : and contributed by the assessee to a firm towards capital contribution should be treated as stock in trade even during the course ...
Income Tax : The Delhi High Court (HC) [2010-TIOL42-HC-DEL-IT] in the case of CIT v. Industrial Finance Corporation of India (Taxpayer) which...
Company Law : The ROC Ahmedabad penalized the company and its director for failing to appoint independent directors and constitute an audit comm...
Goods and Services Tax : Learn about the latest directive from the Ministry of Finance regarding joint audits by CGST and SGST officers. Understand the fra...
Company Law : NFRA issued a circular highlighting statutory auditors' obligations to report fraud in accordance with Companies Act, 2013. Circu...
CA, CS, CMA : (1) These Regulations may be called Regulations on Audit and Accounts (Amendments) 2020 (2) They shall come into force on the date...
CA, CS, CMA : Labour Department, Government of Haryana vide its Notification No. 11/38/2016-4Lab dated 10th August, 2016 formulated Third Party ...
Understand foreign exchange audit: realized and unrealized gains/losses, accounting treatment, examples, and modern technology’s role in accurate accounting
Learn about the latest directive from the Ministry of Finance regarding joint audits by CGST and SGST officers. Understand the framework, its significance, and how it strengthens compliance efforts.
Discover the catalytic role of audit in enhancing efficiency and effectiveness, as emphasized by the Comptroller and Auditor General of India at SRCC Business Conclave.
Master audit documentation with our guide for bank branch audits. Learn compliance with SA 230, preparation, real-time documentation, and ensuring audit integrity.
The audit industry has been changed by Automation and its impact is seen in the evolving role of auditors. Find out more about AI, Cloud-Based Solutions, RPA, and Data Analytics.
Learn about the reporting requirement for audit trail under the Companies Act, 2013, its implications, management’s and auditor’s responsibilities, and preservation requirements.
Explore significance of DISA (ISA 3.0) qualification by ICAI for Chartered Accountants. Learn about course, its benefits, and how it opens avenues for IT risk advisory, bank audits, and information system audits. Discover the differences between DISA and CISA, exam preparation tips, and the comprehensive curriculum of the ISA course.
Explore the significance of auditing greenhouse gas data for emission reduction. Learn how the Greenhouse Gas Protocol and EPA resources guide organizations in managing, tracking, and reducing emissions.
Explore comprehensive audit procedures for authenticating accruals and provisions. From examining supporting documents to legal inquiries, these illustrative examples ensure financial statement accuracy.
Explore detailed audit procedures to verify bank reconciliations, ensuring financial records’ accuracy. From confirming outstanding checks to assessing timing differences, this guide provides illustrative examples for a robust audit process.
