CA, CS, CMA : Explore the evolving landscape of internal audit with trends like privacy compliance, third-party risk management, company culture...
CA, CS, CMA : Strengthen your financial planning and analysis with internal controls. Ensure accuracy, reliability, and strategic decision-makin...
CA, CS, CMA : Discover how internal audits play a crucial role in identifying and managing disruptions within organizations, ensuring smooth and...
Company Law : Understand the mandate of appointing internal auditors as per Section 138 of the Companies Act 2013. Explore the criteria for mand...
CA, CS, CMA : Explore the NSEL internal audit case, uncovering gaps in compliance, fraudulent practices, and the crucial lessons learned for cor...
CA, CS, CMA : Discover the latest developments in the engagement of CA firms by PSBs. Explore changes in concurrent audit policies, RBI directiv...
CA, CS, CMA : Proposed amendments to Section 138 of Companies Act, 2013 by ICSI. Understand why Company Secretaries are equipped to conduct inte...
CA, CS, CMA : Firm of Chartered Accountants cannot accept branch Audit of the Bank if one of the partners has taken the loan from any branch of ...
CA, CS, CMA : The concurrent Auditor of a Branch can undertake the assignment of LFAR only with respect to Branches which are not subject to Sta...
CA, CS, CMA : Request for Proposal for Appointment of Chartered Accountant/Cost Accountants Firm as Internal Auditor of PFRDA for the F.Y.2021-2...
Company Law : Tanman Jewels Private Limited penalized for not appointing an internal auditor. Know the penalty details and implications....
Company Law : Government imposes a penalty of ₹2.5 lakh on Systematix Securities Ltd for not appointing an internal auditor during FY 2022-23,...
Company Law : Read the adjudication order on Kudos Finance & Investments Private Limited as MCA imposes a penalty of Rs. 4.50 lakh for violating...
Company Law : MCA imposed penalties on Muthootu Mini Nidhi Limited for non-compliance with provisions of Section 138 of Companies Act, 2013. Pen...
Fema / RBI : An independent and effective internal audit function in a financial entity provides vital assurance to the Board and its senior ma...
Understand the importance of internal financial controls over financial reporting, specifically focusing on inventory and scrap process in Series 6.
Understand the applicability of internal audit under the Companies Act, 2013 & CARO reporting. Learn how it helps evaluate risk management, control, and governance processes.
In this article author has tried to throw some light on the procedure to be followed while conducting Revenue Leakage Audit in Banks
Learn how to write an effective internal audit report and avoid making your entire audit exercise futile. Discover the importance of proper reporting in the audit process.
Unlock the value of Internal Auditing as a mechanism for organizational enhancement. Explore its traditional role in ensuring controls and accuracy, and delve into the modern approach of providing analysis, recommendations, and valuable insights. Discover the diverse scope covering information reliability, compliance, asset safeguarding, resource efficiency, and goal accomplishment. Elevate your business with Internal Audit’s proactive problem-solving and future-focused contributions.
Learn about incorporating internal financial controls over financial reporting in HR-Staff & Worker processes. Ensure compliance with Companies Act, 2013.
Having effective internal controls is one of the most vital aspects in any organization’s operation. Among organizations that need effective operating internal controls, Charitable Institutions are found to be at the top of the list because they are administered and functioned by different third-party stakeholders to serve the ultimate needs and goals of numerous participants or beneficiaries.
Purchase or procurement to pay or p2p is a process where an organization purchases the required material for manufacturing goods or for its own use from selected vendor on some pre-requisite criteria and this process complete when final payment is made to the vendor. This entire process is simple for a small organisation where few […]
A business or an organization that is running smoothly is also contributed by the proper internal controls in place. Hence, to understand internal controls & its relevance in business processes, first let us know what it is. What are Internal Controls? Internal controls are the policies, rules, and procedures implemented by a company to ensure […]
Introduction: Inventory management is related to planning, procuring, storing and providing the appropriate material of right quality, right quantity at right place in right time so as to co-ordinate and schedule the production activity in an integrative way for an industrial undertaking. It is a system & processes that identify inventory requirements, set targets, provide […]
