Auditing is the independent examination of financial information of any entity whether profit making or not, irrespective of its size and legal structure, when such examination is conducted with a view to express an opinion thereon. Auditor’s opinion is on “True & Fair... Read More
The Foundation Stones for balanced success are honesty, character, integrity, faith and loyalty were the words of Bob Marley Forensic auditing is a rapidly growing area of accounting concerned with the detection and prevention of financial fraud and white-collar criminal activities and as... Read More
Introduction The Companies Act, 2013 is an important milestone in bringing the glory of Indian business at par with international community. It focuses on improving corporate governance of the corporates and has introduced certain new concepts such as Independent Directors, Corporate Social... Read More
Audit report plays an instrumental role in the compliance aspects under a recommendatory application of SAs. Investor has held their sweated earnings in the companies and they want to make an informed decisions for future actions, and on the other side management/TCWG also want... Read More
Overview of Standards on Auditing NITINA R JACOB SRO 0536102 The Standards on Auditing (SAs) issued by ICAI are based on International Standards on Auditing (ISAs) issued by International Federations of Accountants (IFAC). These Standards are issued by the AASB under... Read More
VARUN SREEDHAR Abstract Every business is prone to unexpected turn of events and disasters. The management needs to have plans for both Business Continuity and also Disaster recovery to ensure that the activities are not stopped, nor is there any loss of valuable data. This brings out the... Read More
In today's digital landscape, businesses heavily rely on digital assets to drive their operations, store valuable information, and transact with customers. These digital assets encompass a wide range of electronic files, databases, and online resources, including traditional assets such... Read More
SUSTAINABLE AUDITING Sustainable auditing refers to the process of evaluating and assessing an organization's environmental, social, and governance (ESG) practices and performance. It involves examining how well a company manages and mitigates it impact on the environment, society,... Read More
GOVERNANCE RISKS What is Governance Risk Governance risk refers to the potential risks and challenges associated with the governance practices and structures within an organization. It encompasses issues related to corporate governance, ethical conduct, transparency, accountability, and the... Read More
Identification of ESG Risks & Materiality Assessment IDENTIFICATION OF ESG RISKS Gather Relevant Information - Collect data and information related to the organization's operations, industry, and stakeholder concerns. This can include sustainability reports,... Read More