Sunday, December 13, 2015
Algorithms, the software programs that are increasingly replacing humans
in many complex jobs where precision and speed decide the winner, are becoming
an essential tool for auditors as well. The different tools used by the
auditors give them specifics of even the smallest if transactions once it is
defined by the auditor. The auditors need to have a basic know how to run
these tools but the results are transparent and elaborate.
Related Post
Auditors Duty regarding Internal Control For the purposes of clause (i) of sub-section (3) of section 143 for the financial years commencin
Public Sector Banks to get Autonomy on Appointment of Auditors In order to give autonomy to the Public Sector Banks(PSBs) on the issue of selection and appointme
Railways to introduce online system for tracking costs, Asset creation The Railways is introducing an online system for tracking cost and output creation at divisional l
ICAI director finds NSEL auditor guilty of misconduct The director (discipline) of the Institute of Chartered Accountants of India (ICAI), the apex bod
Financial Control Reporting – Effective from 2014-15 Section 143(3)(i) of the Companies Act 2013 requires the auditors of the companies to report as wh
Forensic audit must for all bad loans, Parliament Panel to RBI Cautioning that the rising trend of non performing assets (NPAs) with banks has the potential to d
Subscribe to:
Post Comments (Atom)
0 comments:
Post a Comment