Account & Audit

Blog, Account & Audit

July 11, 2024

[FAQs] on Nature, Objective and Scope of Audit

An audit is a systematic … Continue reading “[FAQs] on Nature, Objective and Scope of Audit”

Blog, News, Account & Audit

September 27, 2023

Case Study on Restatement of Financial Statements on Account of Prior Period Errors

Para 5 of Ind AS … Continue reading “Case Study on Restatement of Financial Statements on Account of Prior Period Errors”

Blog, News, Account & Audit

September 26, 2023

Accounting of Significant Financing Component Under Ind AS 115 When Customer Pays Consideration in Advance

Para 61 of Ind AS … Continue reading “Accounting of Significant Financing Component Under Ind AS 115 When Customer Pays Consideration in Advance”

Blog, Account & Audit

September 25, 2023

Audit of Trusts and NGOs in Form 10B & 10BB – FY 2022-23 | AY 2023-24

Table of Contents Introduction, Applicability … Continue reading “Audit of Trusts and NGOs in Form 10B & 10BB – FY 2022-23 | AY 2023-24”

News, Blog, Account & Audit

September 25, 2023

ICAI Seeks Suggestions for Pre-Budget Memorandum – 2024

The Direct Tax Committee of … Continue reading “ICAI Seeks Suggestions for Pre-Budget Memorandum – 2024”

Blog, News, Account & Audit

September 25, 2023

Accounting of Significant Financing Component Under Ind AS 115 When Customer Pays at a Later Date

Para 61 of Ind AS … Continue reading “Accounting of Significant Financing Component Under Ind AS 115 When Customer Pays at a Later Date”

Blog, News, Account & Audit

September 22, 2023

[Opinion] Procure To Pay | “Role of An In-House Auditor”

1. Overview & Context Procure-to-Pay … Continue reading “[Opinion] Procure To Pay | “Role of An In-House Auditor””

Blog, Account & Audit

September 21, 2023

Overview of Key Requirements in Exposure Drafts of SA 220 and SA 315

Table of Contents Introduction Exposure … Continue reading “Overview of Key Requirements in Exposure Drafts of SA 220 and SA 315”

Blog, Account & Audit

September 21, 2023

Required Additional Comments by the Tax Auditor in Para 3 of Form 3CA and Para 5 of Form 3CB

Para 13.1 of 2022 GN … Continue reading “Required Additional Comments by the Tax Auditor in Para 3 of Form 3CA and Para 5 of Form 3CB”

Blog, News, Account & Audit

September 20, 2023

Role of Statutory Auditors Highlighted in SEBI Interim Order Related to Structured Rotation of Funds

The interim order by SEBI … Continue reading “Role of Statutory Auditors Highlighted in SEBI Interim Order Related to Structured Rotation of Funds”