Auditing & Ethics

Introduction: The Institute of Chartered Accountants of India (ICAI) is a statutory body established by an Act of Parliament, the […]

Ethics has to be inculcated in the habit and temperament of the individual, so that there is an overall culture

Introduction: The revised Code of Ethics for professional accountants has a game-changer: Non-Compliance with Laws and Regulations (NOCLAR). This new

In first Part of this article we will deal with Clause (6) and Clause (7) of Part-I of First Schedule

Introduction Audit documentation is a foundational pillar of the audit process, yet it is often taken lightly and undervalued. Its

It is a known fact that the primary responsibility of an auditor is not to detect fraud. However, detection of

SA 500 ‘Audit Evidence’ is a revised version of the erstwhile Auditing and Assurance Standard (AAS) 5, “Audit Evidence” issued

Background    The role and responsibilities of a chartered accountants has evolved over a period of time considering changes in

Documentation is considered the backbone of an audit. The work that the auditor performs, the explanations given to the auditor,

Long form Audit Report (LFAR) is Management Report submitted by Bank Auditors at Branch level. Reserve Bank of India had