Account & Audit

Blog, Account & Audit, Income Tax

September 16, 2023

Tax Audit | How to Calculate the Turnover in the Case of Derivatives?

The Income-tax Act does not … Continue reading “Tax Audit | How to Calculate the Turnover in the Case of Derivatives?”

Blog, News, Account & Audit

September 15, 2023

Accounting for Loyalty Points Under Ind AS 115 | Revenue from Contracts with Customers

How does a company in … Continue reading “Accounting for Loyalty Points Under Ind AS 115 | Revenue from Contracts with Customers”

Blog, Account & Audit

September 20, 2023

Illustrative Management Representation Letter (MRL) for Tax Audit

To _____________________ Chartered Accountants Address: … Continue reading “Illustrative Management Representation Letter (MRL) for Tax Audit”

Blog, News, Account & Audit

September 11, 2023

Mandatory Audit Documentation to be Secured by Statutory Auditors Before Signing the Audit Report

The financial statements of a … Continue reading “Mandatory Audit Documentation to be Secured by Statutory Auditors Before Signing the Audit Report”

Blog, Account & Audit

September 21, 2023

Precautions to be Taken by Tax Auditor in Certifying Clauses 31 and 33 of Form 3CD for Companies

In case of furnishing incorrect … Continue reading “Precautions to be Taken by Tax Auditor in Certifying Clauses 31 and 33 of Form 3CD for Companies”

Blog, News, Account & Audit

September 9, 2023

ICAI Issues Technical Guide on Audit of Non-Banking Financial Companies | Revised 2023 Edition

Non-banking financial companies (NBFCs) are … Continue reading “ICAI Issues Technical Guide on Audit of Non-Banking Financial Companies | Revised 2023 Edition”

Blog, Advisory, Account & Audit, Income Tax

April 25, 2024

[Analysis] of Changes Introduced in Guidance Note on Tax Audit

Table of Contents Introduction Audit … Continue reading “[Analysis] of Changes Introduced in Guidance Note on Tax Audit”

Blog, Account & Audit

September 19, 2023

Precautions to be Taken by Tax Auditor in Certifying Clauses 21 to 30 of Form 3CD for Companies

Furnishing inaccurate information in a … Continue reading “Precautions to be Taken by Tax Auditor in Certifying Clauses 21 to 30 of Form 3CD for Companies”

Blog, Account & Audit

September 21, 2023

Instances of Non-compliance with Reporting Requirements Under Clause 21 & 31 of Form 3CD

The Income-tax Act requires certain … Continue reading “Instances of Non-compliance with Reporting Requirements Under Clause 21 & 31 of Form 3CD”

Blog, News, Account & Audit

September 4, 2023

Key Non-compliances Observed by FRRB in Reporting of Equity in the Financial Statements

The Financial Reporting Review Board … Continue reading “Key Non-compliances Observed by FRRB in Reporting of Equity in the Financial Statements”