CA, CS, CMA : SA 240 addresses misstatements in financial statements arising from fraud or error. Fraud involves intentional acts of deception b...
CA, CS, CMA : Understand the guidelines for statutory auditors using internal audit work under SA 610, covering responsibilities, coordination, ...
CA, CS, CMA : Ensure your audit documentation aligns with SA 230 principles, laws, and overall audit objectives. Learn the essentials of proper ...
CA, CS, CMA : SA 320 states that misstatements, including omissions, are considered to be material if they, individually or in the aggregate cou...
CA, CS, CMA : Learn about SA 706 (Revised) and its guidelines on Emphasis of Matter and Other Matter paragraphs in auditor reports, enhancing cl...
CA, CS, CMA : ICAI raises concerns about SA 600 vs. ISA 600 revision process, urges pause for stakeholder review to ensure public interest and p...
CA, CS, CMA : CCI introduces General Regulations 2024, revising the 2009 rules. Key changes address stakeholder concerns on applications, submis...
CA, CS, CMA : ICAIs Auditing and Assurance Standards Board releases an Exposure Draft for audits of less complex entities. Comments invited unti...
CA, CS, CMA : Stay updated with the latest revisions in auditing standards by ICAI. Download SA 800, SA 805, SA 810 for audits starting April 20...
CA, CS, CMA : Auditors must have understanding of standards for reporting on ICAI's revised summary financial statements. Get informed on new re...
Company Law : NFRA penalizes CA Santosh Deshmukh ₹5L & 1-year debarment for audit lapses in Sanwaria Consumer Ltd's FY 2017-18 audit. Key audi...
Company Law : NFRA imposes penalty of Two Lakhs on CA Hemant Khator Swami who was Engagement Partner for the statutory audit of Women Next Lou...
Company Law : NFRA imposes penalty of Two Lakhs on CA Narayan Prasad Swami who was Engagement Partner for the statutory audit of Women Next Lo...
Company Law : NFRA’s investigations inter alia revealed that the TDL’s Auditors for the FY 2018-19, had failed to meet the relevant ...
Company Law : NFRA’s investigations revealed that the appointment of none of the 33 branch auditors was approved at the Annual General Mee...
SA 240 addresses misstatements in financial statements arising from fraud or error. Fraud involves intentional acts of deception by management, employees, or third parties for illegal advantage, manifesting as either asset misappropriation (employee fraud) or financial misrepresentation (management fraud).
Understand the guidelines for statutory auditors using internal audit work under SA 610, covering responsibilities, coordination, and evaluation.
ICAI raises concerns about SA 600 vs. ISA 600 revision process, urges pause for stakeholder review to ensure public interest and professional integrity.
CCI introduces General Regulations 2024, revising the 2009 rules. Key changes address stakeholder concerns on applications, submission procedures, and inquiry timelines.
NFRA penalizes CA Santosh Deshmukh ₹5L & 1-year debarment for audit lapses in Sanwaria Consumer Ltd’s FY 2017-18 audit. Key audit failures include inventory valuation.
ICAIs Auditing and Assurance Standards Board releases an Exposure Draft for audits of less complex entities. Comments invited until September 9, 2024.
Ensure your audit documentation aligns with SA 230 principles, laws, and overall audit objectives. Learn the essentials of proper record-keeping and audit evidence.
SA 320 states that misstatements, including omissions, are considered to be material if they, individually or in the aggregate could reasonably be expected to influence the economic decisions of the users taken on the basis of the financial statements. The objective of the individual auditor is to obtain a reasonable assurance about whether the financial […]
Learn about SA 706 (Revised) and its guidelines on Emphasis of Matter and Other Matter paragraphs in auditor reports, enhancing clarity and transparency in auditing.
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.
