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Auditor’s Duty: How Auditors Can Legally Report Fraud in Companies
As auditors, have a central role to play in upholding the financial integrity and transparency among the business world values by identifying and...
CAG Flags High-Risk Taxpayers for Likely Undeclared Turnover to Exploit GST Composition Levy Scheme
In a recent report, the Comptroller and Auditor General of India ( CAG ) flagged a huge number of high-risk taxpayers who are likely under-declaring their turnover to continue availing benefits under...
NFRA Findings Expose Individual Auditor Failures, Not Standard Inefficiencies: ICAI Prez Raises Concerns Over Revised SA 600 and SA 299
The ICAI President has raised concerns regarding the adoption of revised auditing standards SA 600 and SA 299, recently approved by the National Financial Reporting Authority ( NFRA ) for...
