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F&Q related to Peer Review Audit of Practice Unit (PU) Q.: Does empanelment guarantee peer review work? Ans. No. Assignments… Read More
Peer Review Checklist related to Preliminary Review Procedures Sl. No. Item Key Checks / Clarifications 1 Pre-audit meeting minutes… Read More
New CAG Policy of Empanelment of CA Firms/LLPs and Selection of Auditors for Financial Year 2023-24 Introduction In India, Chartered… Read More
Practical Aspects of Financial Statements & Audit Reports, including IFC Practical Aspects of Financial Statements & Audit Reports, including CARO… Read More
ICAI deferred Phase III & Phase IV of the Peer Review Mandate The Institute of Chartered Accountants of India (ICAI)… Read More
Round Tripping of Funds: A Red Flag for Financial Manipulation Round tripping is a deceptive practice used by entities to… Read More
The Role of Ring-Fencing in Forensic Audits: Safeguarding Project Finances Ring-fencing has emerged as a critical regulatory practice, separating specific… Read More
An Overview on Kickbacks in Forensic Audits Kickbacks represent a critical area of concern in forensic audits, as they directly… Read More
Mandatory Peer Review For Chartered Accountants firms in India The ICAI’s mandatory peer review process is an essential move towards… Read More
ICAI Launches the Industry-Specific CA GPT Platform with Annual Reports of 5,000 Listed Companies ICAI has taken a major step in… Read More