Audit – FinanceViewers

ITR Series: Day 14:ITR-7 – The Return for Charitable Trusts, Institutions & Political Entities

TaxationJune 24, 202510Views 0Likes 0Comments

Table of Contents Overview Who Can File ITR-7? Who Cannot Use ITR-7? Key Structure Important Considerations Why ITR-7 is Uniquely Detailed? Final Word Unlike other ITR forms that focus on individual or business income, ITR-7 is a return with a purpose. It’s specially designed for charitable and religious trusts, political parties, research institutions, and educational/medical entities…

Aspects of Audit: Its importance and limitations; the advantages and limitations of the different types of audits

FinanceMarch 22, 202311Views 0Likes 0Comments

Table of Contents Introduction Importance of Auditing Limitation of Audit Advantages and Limitations of Different Types of Audits Management Audit Performance Audit Secretarial Audit Transfer Pricing Audit Information System Audit Forensic Audit CSR Audit Operational Audit Cost Audit Internal Audit Statutory Audit…

Overview of Standards on Auditing (SAs)

FinanceMarch 7, 202321Views 0Likes 0Comments

Table of Contents Introduction Objectives of the Auditing Standard Role of International Auditing and Assurance Standards Board Role of Auditing and Assurance Standard Board Classification of the SAs Conclusion Introduction As we know that checking and verification of financial information by an authorized auditor is known as auditing which assures the reliability and authenticity of the…

Audit: History, Meaning, Scope, Objective and Types

FinanceFebruary 23, 202319Views 0Likes 0Comments

Table of Contents Introduction History and Evolution of Auditing Meaning of Auditing Scope of Audit Objectives of Auditing Types of Audits Introduction As it is well known that business organizations began to grow during the industrial revolution, not just in India but globally, and because of globalization, business organizations started increasing the scale…

SAE 3400 The Examination of Prospective Financial Information

FinanceJanuary 10, 202316Views 0Likes 2Comments

Table of Contents Introduction The Auditor’s Assurance Regarding Prospective Financial Information Acceptance of Engagement Knowledge of the Business Examination Procedure Introduction The objective of this Standard on Assurance Engagement (SAE) is to establish standards and provide guidance on engagements to examine and report on prospective financial information, including examination procedures for…

Tag: Audit

ITR Series: Day 14:ITR-7 – The Return for Charitable Trusts, Institutions & Political Entities

Aspects of Audit: Its importance and limitations; the advantages and limitations of the different types of audits

Overview of Standards on Auditing (SAs)

Audit: History, Meaning, Scope, Objective and Types

SAE 3400 The Examination of Prospective Financial Information