Searched for
AUDIT EVIDENCE RELIABILITY
You don't need to be an accountant. You just need to ask three questionsA loss can exist long before the accounts admit it, because management decides when to admit it. This story shows how that delay works, the...- Technology can't substitute professional judgement, audit quality responsibility lies with auditor: NFRAThe National Financial Reporting Authority has introduced new principles for technology adoption by auditors. These guidelines promote the ...
- AI is reshaping hiring, making evidence-based verification more critical: Millow's Karan BhattyAI is revolutionising Indian hiring by enhancing candidate preparation and employer verification processes. Companies now prioritise eviden...
- Accounting fraud: Every time, the same queue. The company, the auditor, and shareholders at the endBy the time a “going-concern” paragraph appears in an audit report, the trouble is usually several quarters old. The earlier signals are el...
- ET Prime Special Series: Multibagger or IBC - Part 66: This old auto ancillary giant is betting big on the next energy shiftFor 40 years, this was one of those businesses the market treated as safe – and slightly dull. It dominated its market, and it generated st...
- Asset which sits in the balance sheet for years without moving, then suddenly wipes out all profit in a single quarterThe most dangerous number on a balance sheet is not always the one that looks wrong. It is often the one that depends heavily on management...
- The boss factor: Why a good manager matters more than you think for your careerYou can’t pick the manager, but he could decide your career, says Devashish Chakravarty.
- Forget fake invoices. The real risk is the assumptions made in the balance sheet to hide lossesMost accounting risks make noise. The biggest one on the Indian balance sheet doesn't. It hides inside growth assumptions, discount rates, ...
- Profit on paper, loss in reality: How a routine accounting tool is used to deceive and take investors for a rideAmortisation is a number most investors skip, but it can shape reported profit. On the surface, it looks routine: A company spreads the cos...
- 12 proven ways to stop snakes from getting into your yardSnakes are entering suburban backyards more often. This is due to landscaping that offers food and shelter. Homeowners can make their yards...
- Zerodha hit by technical glitch, users face login & price update issuesZerodha Down News: India's leading retail brokerage, experienced a technical glitch on Wednesday morning, causing price updates to freeze o...
- Sebi tackles tech glitches with new online monitoring mechanism for system audits of brokersThe paper addresses the growing complexities of trading systems and the rising risks of technological glitches. The proposals aim to enhanc...
- CAG bats for responsible Artificial intelligence use, flags privacy concernsArtificial intelligence (AI) has the potential to contribute $15.7 trillion to the global economy by 2030, according to the CAG. However, t...
- NFRA finds errors in KIOCL's financial statements for 2019-20 periodFurther, NFRA pointed out that the company's accounting policy for foreign exchange forward contracts is erroneous and it is non-compliant ...
- ICAI to come out with eight new forensic accounting, investigation standardsThe new forensic audit standards are likely to render several existing forensic audit reports untenable, especially where lenders have used...
- Cafe Coffee Day's auditor resigns citing “commercial considerations”, questions raised on reported numbersBSR & Associates in its report said the holding company has several subsidiaries which in turn have many other auditors, and that it did no...
- EVMs are tamper-proof and credible, Election Commission tells Supreme CourtThe EC said EVMs with voter verifiable paper audit trails will be available by September next year, subject to production exigencies.
- Samsung under renewed fire over China labour breachesMany foreign companies have been accused in recent years of improper labour practices in China, seen as a cheap source of labour for their ...
- India Inc outsources audit jobs for transparencyAfter the Satyam scam, cos across industries outsource internal audit work to external firms for transparency. 10 New Year resolutions for ...
- US regulator charges Ranbaxy of falsifying data, test resultsTo address falsified data, FDA has invoked its Application Integrity Policy (AIP) against Paonta Sahib facility. Factors for successful M&A...
Load More
