Category: Auditing
The Direct Taxes Committee of ICAI has published a "Technical Guide on Income Computation and Disclosure Standards (ICDS) - First Edition July, 2017", in view of the fact that 10 Nos. …
CBDT has amended clause 31 of the Tax Audit Report Form 3CD w.e.f. 19 Jul. 2017. Further, Forms 3CA, 3CB and 3CD of Tax Audit Reports were substantially amended w.e.f. …
"Standards on Audit (SA) 299 relating to Joint Audits" issued by the ASB of ICAI lays down the broad principles for effective conduct of joint audit to achieve the overall …
ICAI's Guidance Note on Audit of Consolidated Financial Statements (Revised 2016 Edition) relating to procedures for preparation and presentation of consolidated financial statements under AS/ Ind AS, has been …
ICAI's Guidelines for Members relating to adequate disclosures/ reporting on dealings/ holding of Specified Bank Notes during Demonetization; Implementation Guide on Auditor’s Report under Rule 11(d) of Companies Audit …
ICAI has reviewed the members' concerns and has announced that the effective date of Standards on Auditing {SA 700 (Revised), SA 701, SA 705 (Revised) and SA 706 (Revised)} …
Revised technical guide (2017 Edition) on “Compliances of Service Tax in Banking Sector” has been issued by IDTC of ICAI, to help members verify compliance under service tax while …
Report of the 'Quality Review Board (QRB)' on 'Audit Quality' for Review period 2015-16; Latest report is based on 102 cases reviewed by the QRB after its last …
The Guidance Note on Bank Audits (2017)- Revised Edition, issued by the AASB of ICAI is meant for detailed guidance of members on various important items of financial statements …
The AASB of ICAI has invited comments/ feedback/ suggestions from the stakeholders on the exposure draft of "Revised SA-720 Auditor’s Responsibilities Relating to Other Information", latest by 20 Feb. …