Ethics and the Auditor. The government has set a cat among our profession. Large CA firms have decided not to take on suspect listed companies for Statutory Audit, one firm having publicly announced it’s intent not to conduct non-attest work for companies where they are Statutory Auditors. Are we accepting that we were blindly signing the Balance […]
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JunDirector’s Report has been an integral part of the financial statement of the Company. With the implementation of Companies Act, 2013, the Director’s Report has become synonymous to disclosing every activity that a Company indulges in thus providing a mirror image of the Company’s actions during the financial year. In Companies Act, 2013, lot of sections specify […]
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JunSection 143(11) of the Companies Act, 2013 requires that Auditor report of specified classes of Companies should disclose the compliance on the specified matters. These reporting requirements have been prescribed under Companies (Auditor’s Report) Order, 2016 (CARO, 2016). This is a step in the right direction to improve the quality of the Auditor’s Report through enhanced reporting […]
