Category: Auditing
ICAI has released an ‘Implementation Guide on Rule 11(e) & 11(f) of the Companies (Audit and Auditors) Amendment Rules, 2021’, which has been notified by MCA vide Notification dt. …
Auditing and Assurance Standards Board (AASB) of ICAI has formed an ‘Expert Panel’ to provide technical support to the members with respect to their queries and concerns on statutory …
MCA has notified the Companies (Accounts) Second Amendment Rules, 2022 to further defer the date of applicability for the requirement relating to Audit Trail feature in the Accounting Software …
The National Financial Reporting Authority (NFRA) has issued ‘Financial Reporting Quality Review (FRQR)’ Report in the case of Financial Statements of M/s Prabhu Steels Industries Limited (PSIL) for FY …
ICAI has released the revised/ updated ‘Guidance Note on Bank Audits (2022 Edition)’ along with illustrative formats of relevant reports, certificates, audit programme, etc., which shall be quite useful …
ICAI has issued an Announcement on 31/01/2022, stating that it is mandatorily required from Members to mention the Firm Registration Number (FRN), during the process of generating the UDIN …
ICAI has come out with the Implementation Guides on various ‘Standard on Auditing (SAs)’ for the guidance and help of the auditors/ Members, including on Auditing Standards, SA-560: Subsequent …
Prime Minister of India Sh. Narendra Modi has attended/ addressed the First 'Audit Day'/ 'Lekha Pariksha Diwas' 2021 celebrations and has also unveiled the statue of Sardar Vallabh Bhai …
NFRA has issued ‘Consultation Paper’ to review the requirement of compulsory statutory audit and compliance with auditing standards for all companies irrespective of their size and/ or public interest, …
NFRA has issued a 'Financial Reporting Quality Review Report (FRQRR)' in respect of 'KIOCL Ltd.' for the FY 2019-20, wherein certain 'High Impact Non-compliances' of the Accounting Standards have …
