Audit Programme

Audit Programme An audit programme is a set of instructions which are to be followed by the auditor for the proper execution of an audit. After the audit plan has been developed, a detailed audit programme is formulated and written.…

Internal Audit of Companies

Internal Audit Internal audit may be defined as evaluation and analysis of a business operation that is conducted by the internal audit staff of the same business. Internal audits are considered as a part of the overall system of internal…

Audit Committee

Audit Committees Audit Committee plays a critical role by ensuring the independence of an audit process. Auditing the operations of a modern corporation is an intricate and complex process that would require the understanding of the rules and judgements taken…

Due Diligence

Due Diligence Any merger and acquisition have to be carefully planned and executed; therefore, before closing a deal and to make informed decisions, the buyer typically carries out specific agreed-upon procedures to address the agreement from commercial, financial, tax and…

Audit Report Format – Qualified Opinion

Audit Report Format - Qualified Opinion Audit report is a document prepared by the Auditor of the Company who must be a practising Chartered Accountant. All companies registered in India are required to appoint an Auditor and get the accounts…

Audit Report Format – Unqualified Opinion

Audit Report Format - Unqualified Opinion Audit report is a document prepared by a Chartered Accountant appointed by the Board of Directors of the Company after examining the accounts and operational records of a company. All Companies registered in India…

Entrepreneurs Guide to Audit of a Company

Entrepreneurs Guide to Audit of a Company Private Limited Company, One Person Company and Limited Company registered under the Companies Act, whether publicly or privately held and whether having share capital or not are required to maintain proper book of…