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मुख्य या ग्रुप आडिटर को सहायक कंपनियों के आडिटर की रिपोर्ट की करनी होगी पूरी समीक्षा

CA, CS, CMA : एनएफआरए सूचीबद्ध कंपनियों में वित्तीय धोखाधड़ी ...

August 21, 2024 711 Views 0 comment Print

Going Concern – Standards on Auditing (SA) 570

CA, CS, CMA : Explore the significance of SA 570 in financial audits, focusing on the going concern basis, auditor responsibilities, risk assess...

March 5, 2024 3774 Views 0 comment Print

Auditors in India: Roles, Regulations, and Responsibilities

CA, CS, CMA : Discover the crucial role of auditors in India, from financial statement examination to compliance verification. Learn about regul...

November 7, 2023 5829 Views 0 comment Print

Redefining Auditing: The Secret Power of In-House Accountants & Auditors

CA, CS, CMA : Discover how in-house accountants and auditors in India are reshaping financial practices with cost-efficiency, regulatory adaptab...

October 30, 2023 927 Views 0 comment Print

Procedure for Auditor Appointment and Removal: Compliance Guide

Company Law : Unlock the compliance guide to auditor appointment and removal under the Companies Act, 2013. Dive into the nuances of appointing ...

September 18, 2023 36564 Views 2 comments Print


Latest News


MCA proposes amendments to enhance Audit Independence & Accountability

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...

February 8, 2020 5604 Views 0 comment Print

ICSI Requests inclusion of CS in Definition of “Accountant”

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...

August 7, 2019 11310 Views 2 comments Print

New / Revised Standard on Auditing SA 700, 701, 705, 706, 260 & 570

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...

May 18, 2016 40621 Views 2 comments Print

E&Y announces its intention to appoint non-executive directors to its global advisory board

Finance : The world's four biggest accounting firms are to appoint non-executive directors after coming under growing pressure from regulato...

July 8, 2010 297 Views 0 comment Print

Big 4 Refugees: Where Are They Now? Are They Still Miserable?

Finance : That being the case, some of the people that you knew while they were in public accounting have completely disappeared never to he...

June 27, 2010 294 Views 0 comment Print


Latest Judiciary


Auditors cannot escape being probed if they resign; Section 140(5) of Companies Act constitutional: SC

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...

May 4, 2023 18711 Views 0 comment Print


Latest Notifications


NFRA Circular on Statutory Auditors’ Responsibilities in Reporting Fraud in a Company

Company Law : NFRA issued a circular highlighting statutory auditors' obligations to report fraud in accordance with Companies Act, 2013. Circu...

June 26, 2023 10851 Views 0 comment Print

NFRA debars CA from practice for 5 years & imposes penalty of Rs. 5 lakh

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...

September 19, 2022 53316 Views 0 comment Print

Revision of Remuneration payable to Statutory Auditors of RRBs

CA, CS, CMA : The Finance Ministry revises remuneration for RRB statutory auditors, detailing audit fees, travel allowances, and expense norms f...

October 16, 2017 16272 Views 0 comment Print


Significance of ‘True and Fair View’ in Accounting: The Role of Auditors

June 8, 2023 23835 Views 0 comment Print

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.

Auditors cannot escape being probed if they resign; Section 140(5) of Companies Act constitutional: SC

May 4, 2023 18711 Views 0 comment Print

Challenge to constitutional validity of section 140(5) of Companies Act, 2013 fails and it is observed and held that section 140(5) is neither discriminatory, arbitrary and/or violative of Articles 14, 19(1)(g) of Constitution of India

Auditor’s Responsibility in respect of Audit Trail effective from April 1, 2023

April 7, 2023 38187 Views 0 comment Print

Understand the auditors responsibility in relation to audit trail effective from April 1, 2023. Learn the key definitions, implications for accounting software, and the audit approach. Stay compliant with the latest regulations.

EY Ban: A Wake-Up Call for Auditors Everywhere

April 6, 2023 12912 Views 0 comment Print

EY ban in Germany has sent shockwaves through auditing profession, with EY facing a two-year ban from taking on audits of new public interest entities as a result of its failures as auditor of Wirecard.

Section 144 of Companies Act 2013, Auditor not to Render Certain Services

February 10, 2023 52080 Views 1 comment Print

Section 144 of Companies Act 2013 imposes restrictions on services that auditors can provide. These restrictions are in line with globally accepted standards on auditing and aim to ensure auditor independence.

How Auditors Can Help Detect Financial Frauds

February 5, 2023 2334 Views 0 comment Print

Understand the types of financial frauds perpetrated by companies and how an auditor can help detect them. Learn more with this article from India

Challenges for Auditor under digital era

February 5, 2023 2229 Views 0 comment Print

The digital age has brought with it a host of new opportunities, including the ability to conduct business electronically. However, with this newfound convenience comes the potential for fraud, which can have a devastating impact on an organisation’s finances and reputation.

आडिटर्स पर फिर लगा आरोप: आडिट और अकाउंटिंग फंक्शन फिर शक के दायरे में

November 9, 2022 4509 Views 0 comment Print

जब भी कहीं आयकर रेड पड़ती है तो सीए पैशेवरो को शक के दायरे में लाना दुर्भाग्यपूर्ण है. व्यापारी कमाता है, कर चोरी करता है, काले को सफेद भी बनाता है और टैक्स पेनल्टी भी वो ही भरता है लेकिन पैशेवर द्वारा उनका साथ देना या मदद करना पैशे को दागदार करता है. सीए पैशेवर […]

Using the work of an Auditor’s Expert

November 7, 2022 3672 Views 0 comment Print

Discover the importance of using an auditors expert in the audit process. Learn about evaluating competence, capabilities, and objectivity for reliable audit evidence.

NFRA debars CA from practice for 5 years & imposes penalty of Rs. 5 lakh

September 19, 2022 53316 Views 0 comment Print

NFRA imposes monetary penalty of Rs Five Lakhs upon CA Rajiv Bengal In addition he is debarred for Five years from being appointed as an auditor or internal auditor or from undertaking any audit in respect of financial statements or internal audit of the functions and activities of any company or body corporate.

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