Category Archives: Audit & Assurance

Under section 44AB of the Act, every person carrying on business is required to get his accounts audited, if his total sales, turnover, or gross receipts, in business exceed or exceeds one crore rupees in any previous year. In case … Continue reading →

    Background For reviewing the Interim Financial Information, Auditor has to ensure that the applicable financial framework has been complied with by the Company. A review of interim financial information in accordance with SRE 2410 is a limited assurance … Continue reading →

COVID-19 has disrupted supply chain globally forcing companies to relook at their supply chain model for survival. In the current time of crisis, companies are forced to relook at their supply chain models and transform the traditional supply chain mechanism. … Continue reading →

As the world is suffering from the rise of COVID-19, at the same time business are suffering due to lack of revenues, bad debts, fall in demand etc. and ultimately it is impacting profits and reserves of businesses. Many businesses … Continue reading →

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 →