Forensic Accounting and Investigation Standard (FAIS) 220 on Engagement Acceptance and Appointment deals with the responsibility of the Professional prior to agreeing with the terms of the engagement during appointment
A hypothesis is a provisional unproven theory supposition or proposed explanation based on limited facts assumptions and observations the merits of which needs to be established through further examination and study of evidence
FAIS 130 on Laws and Regulations deals with the responsibility of the Professional to understand the provisions of laws and regulations and how these apply to Forensic Accounting and Investigation (FAI) engagements.
FAIS 120 on Fraud Risk expects the Professional to understand the fraud risk concepts and apply these in a Forensic Accounting and Investigation (FAI) engagement
Latest information on Advanced Integrated Course on Information Technology and Soft Skills (Advanced ICITSS) – Adv. Information Technology Test conducted by ICAI
Setting engagement objectives involves identifying the purpose of the engagement and establishing its goals and desired outcomes when conducting Forensic Accounting and Investigation (FAI) engagement. Setting objectives.
Guidance Note For Forensic Accounting And Investigation Standard No. 110 On Nature Of Engagement outlines the manner in which the Professional obtains clarity on the nature and purpose of the Forensic Accounting and Investigation (FAI) engagement for the purpose of implementing the Standard. Digital Accounting Assurance Board The Institute of Chartered Accountants of India 1st […]
Central Bureau of Investigation (CBI) has secured a conviction in a disproportionate assets case, sentencing former Deputy Commissioner, Shri P.R. Vijayan, and four of his family members to two years of rigorous imprisonment. The accused were found guilty of amassing assets worth Rs. 79,93,859/- during the period from July 2003 to July 2005, exceeding their […]
Consultation paper on proposed IFSCA (Banking) (Amendment) Regulations, 2023 a. Permit IBUs to be set up as a subsidiary company of the parent bank b. Specify the base capital required to commence operation as a subsidiary company of the parent bank at USD 50 million with discretion provided to the Authority to specify any other level of capital.
Members are hereby informed that the next Information Systems Audit (ISA) Course Assessment Test (Old as well as New Syllabus) which is open to the members of the Institute will be held on 24th December 2022 (Saturday) from 9 AM to 1 PM (IST) at the following cities provided that sufficient number of candidates offers themselves to appear there from.
