Generation of Unique Document Identification Number (UDIN) is made mandatory for all other audit, assurance and attestation functions by ICAI w.e.f. 1st July, 2019. Therefore this is first year where the statutory auditor of companies (including private limited company) has to ensure generation of UDIN and to mention after every signature […]
Auditor Report Format (Applicable for the financial year 2019-20) CLICK ON BELOW LINK TO DOWNLOAD (Word Format): 1. AUDIT REPORT FORMAT (F.Y. 2019-20) 2. ILLUSTRATIVE AUDIT REPORT OF PVT. LTD CO. (F.Y. 2019-20) SPECIAL ATTENTION REQUIRED (Due to Covid-19): 1. Going Concern (a) If there exists material uncertainty related to going […]
On June 26, Sebi notified that annual accounts of companies that carry a qualification by their auditors will have to go for a restatement. The notification said all such audit qualifications will have to be mentioned in a form (Form A: ‘Unqualified’ / ‘Matter of Emphasis Report’ or Form B: ‘Qualified’ […]