Audit News
ICAI releases Guidance Note on Audit of Banks (2023 Edition)
Posted in Audit on 17 March 2023Guidance Note on Audit of Banks (2023 Edition)..
ICAI | Implementation Guide to SA 580 Written Representations
Posted in Audit on 08 March 2023Implementation Guide to SA 580 Written Representations..
ICAI issues Framework for Social Audit Standards
Posted in Audit on 04 February 2023This Framework defines and describes the elements and objectives of a social audit performed by social auditors...
ICAI releases ED for issuing guidance note on audit of public charitable institutions u/s 12A
Posted in Audit on 11 January 2023Exposure Draft for issuing Guidance Note on Audit of Public Charitable Institutions under section 12A of the Income-Tax Act, 1961 for Public Comments..
ICAI | Draft Bank Branch Auditors' Panel (MEF) of CAs/firms for the year 2022-23
Posted in Audit on 03 January 2023Draft Bank Branch Auditors' Panel (MEF) for the year 2022-23..
ICAI issues implementation guide to Standard on Auditing (SA) 230
Posted in Audit on 16 December 2022Implementation guide to Standard on Auditing (SA) 230..
ICAI | Penalty of Rs 5 lakh imposed on CA for exceeding tax audit limit prescribed u/s 44AB
Posted in Audit on 10 December 2022The Disciplinary Committee of ICAI has imposed penalty of Rs.5 Lakh and removed CA from Register of members for a period of 03 Months for professional misconduc..
Mandatory evaluation of Audit Quality Maturity of firms using Revised AQMM Rev v1.0
Posted in Audit on 14 September 2022W.E.F. the 1st of APRIL 2023, the firms auditing the following types of entities shall be mandatorily required to undertake an evaluation of their audit quality..
CBDT inserts Rule 17AA notifying books & other documents to be maintained by different institutions
Posted in Audit on 11 August 2022The Central Board of Direct Taxes (CBDT) on August 10, 2022, issued Income-tax (24th Amendment) Rules, 2022 to further amend the Income-tax Rules, 1962. ..
ICAI releases Exposure Draft of Compendium of Social Audit Standards
Posted in Audit on 06 August 2022Exposure Draft of Compendium of Social Audit Standards - for Comments..
