Daily Archives: June 9, 2020

Role of Internal Audit in Business Resilience during COVID-19

There is no doubt that businesses are hugely hit by the impact of covid-19. Risk Management and recommending controls over high risk areas is the expertise of internal audit teams. In here there are various ways through which internal audit … Continue reading

Posted in Audit & Assurance |

Business Continuity And Managing Risk In COVID-19 Era

Business enterprises have faced huge impact due to Covid 19 such and consequent lockdown exposing the business to risk of continuity. So hereunder we have enumerated certain ways and practices, if adopted by the entity then it will be lot … Continue reading

Posted in Audit & Assurance |

Going Concern – Key Considerations For Auditors Amid COVID-19

The Board of Directors of every company are required to make a statement in the Directors’ Responsibility Statement referred to in Section 134(5) of the Companies Act, 2013 that the annual accounts are prepared on a going concern basis i.e. … Continue reading

Posted in Audit & Assurance |