Greentick Dialogues - 'Commonly Found Mistakes in Audit Report'!
- Year of Publication: 2023
- ISBN: 00
Episode Duration:
60 Minutes
Episode Background:
One of the key responsibilities of the auditor is to identify misstatements in the financial statements, but sometimes, its own deliverables - i.e. the audit report contains mis-reporting or incorrect reporting. The Financial Reporting and Review Board (FRRB) and Quality Review Board (QRB) have been releasing their observations annually highlighting the non-compliances and errors w.r.t. auditing standards related to audit reports.
What shall the episode cover?
With an endeavor to add continuous value to our readers and power your accounting practice, India's first Accounting & Ind-AS Platform “Greentick” (https://greentick.taxsutra.
Key Highlights
in this episode, Mr. Parmar deep-dived into the summary of key aspects that are not correctly reported or are missed out in the audit report based on his practical experience and observations of review boards.
Taxsutra is considered the most credible source of tax news in the tax fraternity. What started as a fledgling start-up has now become a leading brand in the tax world not only in India, but across the globe. Taxsutra's diverse customer set includes Fortune 500 Companies, large Indian Business Groups, Global Conglomerates, Tax Judges, IRS Officers, CBDT, Tax Lawyers & thousands of tax practitioners.
Taxsutra suite of portals :
1. Real time tax news & analysis for Corporate Tax (www.taxsutra.com/dt)
2. Transfer Pricing Portal (www.taxsutra.com/tp)
3. GST and Central Indirect Taxes Portals (www.taxsutra.com/gst - www.idt.taxsutra.com)
4. "Taxsutra Database" - Powerful Online Direct Tax Reference and Search Tool (www.database.taxsutra.com)
5. LawStreetIndia (LSI) (www.lawstreetindia.com) contains sub-modules on Company law, Securities law (SEBI/SAT), FEMA, IP laws & Competition Law
6. Taxsutra Accounting Standards portal (Ind-AS) (www.greentick.taxsutra.com)
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- Year of Publication: 2023
- ISBN: 00
Episode Duration:
60 Minutes
Episode Background:
One of the key responsibilities of the auditor is to identify misstatements in the financial statements, but sometimes, its own deliverables - i.e. the audit report contains mis-reporting or incorrect reporting. The Financial Reporting and Review Board (FRRB) and Quality Review Board (QRB) have been releasing their observations annually highlighting the non-compliances and errors w.r.t. auditing standards related to audit reports.
What shall the episode cover?
With an endeavor to add continuous value to our readers and power your accounting practice, India's first Accounting & Ind-AS Platform “Greentick” (https://greentick.taxsutra.
Key Highlights
in this episode, Mr. Parmar deep-dived into the summary of key aspects that are not correctly reported or are missed out in the audit report based on his practical experience and observations of review boards.
Taxsutra is considered the most credible source of tax news in the tax fraternity. What started as a fledgling start-up has now become a leading brand in the tax world not only in India, but across the globe. Taxsutra's diverse customer set includes Fortune 500 Companies, large Indian Business Groups, Global Conglomerates, Tax Judges, IRS Officers, CBDT, Tax Lawyers & thousands of tax practitioners.
Taxsutra suite of portals :
1. Real time tax news & analysis for Corporate Tax (www.taxsutra.com/dt)
2. Transfer Pricing Portal (www.taxsutra.com/tp)
3. GST and Central Indirect Taxes Portals (www.taxsutra.com/gst - www.idt.taxsutra.com)
4. "Taxsutra Database" - Powerful Online Direct Tax Reference and Search Tool (www.database.taxsutra.com)
5. LawStreetIndia (LSI) (www.lawstreetindia.com) contains sub-modules on Company law, Securities law (SEBI/SAT), FEMA, IP laws & Competition Law
6. Taxsutra Accounting Standards portal (Ind-AS) (www.greentick.taxsutra.com)