Audit Program for In depth Scrutiny of Ledgers. Check to Compete Audit Program for Scrutiny of Various Ledgers like – Scrutiny of Debtors, Scrutiny of Creditors, Scrutiny of Fixed Assets and Depreciation, Scrutiny of Fixed Deposits, Scrutiny of Secured loans/Term loans/Cash Credit, Director’s Account Scrutiny, Scrutiny of Other Assets, Scrutiny of Investments, Scrutiny of Loans and Advances Given, … Read more
Internal Control – Meaning, Objectives, Scope, Limitations. As per SA-315, the internal control may be defined as “The process designed, implemented and maintained by those charged with governance, management and other personnel to provide reasonable assurance about the achievement of an entity’s objectives. Now you can scroll down below and check more details from below…. … Read more
Audit Program for Vouching and verification of Transaction: Program planning regarding the nature, extent, and timing of procedures is critical to audit efficiency and effectiveness. Planning an audit involves establishing the overall audit strategy for the engagement and developing an audit plan. The objective of auditor is to plan the audit so that it will … Read more
Corporate Frauds and Auditors Responsibility , The Companies Act, 2013, has introduced several new reporting requirements for statutory auditors. Section 143(12) requires statutory auditors to report to the government about frauds / suspected fraud committed against the company by the officers or employees of the company. The ministry of corporate affairs has also introduced the … Read more