CA, CS, CMA : Explore the significance of SA 570 in financial audits, focusing on the going concern basis, auditor responsibilities, risk assess...
CA, CS, CMA : Discover the crucial role of auditors in India, from financial statement examination to compliance verification. Learn about regul...
CA, CS, CMA : Discover how in-house accountants and auditors in India are reshaping financial practices with cost-efficiency, regulatory adaptab...
Company Law : Unlock the compliance guide to auditor appointment and removal under the Companies Act, 2013. Dive into the nuances of appointing ...
Company Law : Explore intricacies of Section 139(2) in Companies Act, covering appointment of statutory auditors and addressing casual vacancies...
Company Law : The concept of Auditor independence requires the auditor to carry out his or her work freely, with integrity and in an objective m...
CA, CS, CMA : It is requested to kindly consider amendment in the explanation to Section 288(2) of the Income 'lax Act. 1961 'so as to include t...
CA, CS, CMA, Company Law : 1. Revised SA 700, Forming an Opinion and Reporting on Financial Statements. 2. New SA 701, Communicating Key Audit Matters in the...
Finance : The world's four biggest accounting firms are to appoint non-executive directors after coming under growing pressure from regulato...
Finance : That being the case, some of the people that you knew while they were in public accounting have completely disappeared never to he...
Company Law : Challenge to constitutional validity of section 140(5) of Companies Act, 2013 fails and it is observed and held that section 140(5...
Company Law : NFRA issued a circular highlighting statutory auditors' obligations to report fraud in accordance with Companies Act, 2013. Circu...
CA, CS, CMA : NFRA imposes monetary penalty of Rs Five Lakhs upon CA Rajiv Bengal In addition he is debarred for Five years from being appointed...
Fema / RBI : I am directed to refer to NABARD's letters NB.HO.IDD/260/RRB-322/2017-18 dated 2nd June 2017 and NB.HO.IDD/468/RRB-322/2017-18 dat...
Explore the significance of SA 570 in financial audits, focusing on the going concern basis, auditor responsibilities, risk assessment, and COVID-19 impact. Learn about reporting requirements and potential impacts on the auditors report.
Discover the crucial role of auditors in India, from financial statement examination to compliance verification. Learn about regulations and career paths.
Discover how in-house accountants and auditors in India are reshaping financial practices with cost-efficiency, regulatory adaptability, and data security, explained by Mr. Raj Doshi, a Fellow CA.
Unlock the compliance guide to auditor appointment and removal under the Companies Act, 2013. Dive into the nuances of appointing the first auditor, subsequent auditors, and managing casual vacancies. Explore the procedural intricacies, from obtaining consent to filing relevant forms. Learn the steps for removal and resignation of auditors, including special notices and government approvals. Enhance your understanding to ensure transparent and accountable financial reporting, fostering trust in financial markets. Disclaimer: This article provides informational content and not solicitation. For professional advice, consult a qualified expert.
Explore intricacies of Section 139(2) in Companies Act, covering appointment of statutory auditors and addressing casual vacancies. Learn about auditor terms and implications
Explore comprehensive guide to Chapter X of Companies Act 2013, covering audit and auditors’ critical provisions and regulations in India.
Supreme Court’s recent decision in Deloitte Haskins and Sells LLP to uphold Section 140(5) of Companies Act 2013 & its impact on auditors in India.
Explore the auditor’s role in detecting and preventing errors and frauds in auditing. Learn about responsibilities, challenges, and regulatory requirements.
NFRA issued a circular highlighting statutory auditors’ obligations to report fraud in accordance with Companies Act, 2013. Circular emphasizes consequences for auditors who fail to fulfill their reporting duties and clarifies that resignation does not absolve them of their responsibilities.
Discover the importance of maintaining a ‘true and fair view’ in financial statements and the crucial role of auditors in ensuring compliance. Learn about the statutory obligations, requirements, and responsibilities of auditors and directors to present accurate and unbiased financial information. Gain insights into the meaning of ‘true’ and ‘fair’ in accounting, the concept of substance over form, and the need for reliable and independent assessments.
