CONTENT:-Part A. BASICS1 Auditing PreliminariesPart B. AUDIT UNDER COMPANIES ACT – GENERAL ASPECTS2 Company Audit – Appointment, Duties, etc.3 Company Audit – Records, Accounts, and Special Aspects4 Company Audit – Schedule III5 Company Audit – Audit ReportsPart C. AUDIT UNDER COMPANIES ACT – SPECIAL ASPECTS6 Audit of Public Sector Undertakings7 Cost Audit8 Audit of Banks9 Audit of General Insurance CompaniesPart D. SPECIAL AUDITS – STATUTORY I NON- STATUTORY10 Audit under the Income Tax Act11 Audit of Members of Stock Exchanges12 Audit of NBFCs and Co-Operative Societies13 Special Audits – Audit of CFS, and Others14 Audit under CIS Environment15 Management and Operational Audit16 InvestigationPart E. AUDITORS’ LIABILITIES & PROFESSIONAL ETHICS17 Corporate Governance and Audit Committee18 The Sarbanes Oxley Act, 200219 Liabilities of Auditors20 CA Act & Professional Ethics21 Peer ReviewPart F. GUIDANCE NOTES, STDS ON AUDITING, & OTHERS22 Guidance Notes on Audit Matters23 Standards on Auditing24 Report Requirements and Misc. MattersABOUT THE AUTHORSG. Sekar is a Chartered Accountant in practice forthe last 28 years.Founder and Faculty lor Direct Taxation in Shree Guru Kripa’s Institute of Management, an Institution providing education for all level and all subjects of the Chartered Accountancy Course and has trained many finance professionals.Member – Central Council-ICAI – 2013 -16Chairman – Direct Taxes Committee 01 ICAI – 2014Great Motivator lor Chartered Accountants in Practice and in Employment, and CA Students, through his effective and convincing communication style.1. Commerce Graduate. Gold Medalist& Rank Holder from Madurai Kamaraj University.2. Member of Expert Study Group Committee, CBDT, New Delhi, to study the Direct Tax Code Bill in 200S.3. Recipient 01 Special Award from the Income Tax Department in 2011 , during their “150 years 01 Income Tax in India” Celebrations for his contribution and service to the Income Tax Department.4. Speaker on Budget, Direct and Indirect Taxation in Doordarshan &other Television Channels & Print Media Programmes5. Writer of Articles of Professional Interest in Journals like Taxmann, Financial Express, Current Tax Reporter, Business Line, etc.6. Speaker in Seminar, Workshops and Programmes conducted by ICAI, its Branches, Study Circles, Chambers of Commerce, Income Tax & C & AG Officers Training Instilutes, National academy oIDirectTaxes (Ministry of Finance), Tamil Nadu State Judicial Academy, etc.7. Faculty Member 01 The Institute 01 Chartered Accountants 01 India and its Branches. and other Professional and Management Institutions for CA lntermediate /IPCC and CA Final Level for the subjects Income Tax, Service Tax, VAT, Direct Tax Law, etc.8. Author 01 Professional Books – for Finance and Legal Professionals, Corporate Taxpayers, Banks. Officials 01 Income Tax Department. etc.(a) Handbook on Direct Taxes – (Recommended for IRS Trainees at NADT(b) Professional Manual on Accounting Standards(c) Practical Guide on TDS and TCS-(Approved Book for ITOs)(d) Professional Guide to Tax Audit(e) Personal Income Tax ΓÇô A Simplified Approach9. Author 01 Books for CA Students -Authored about 25 Books covering the entire curriculum of CA Course. Shree Guru Kripa’s Institute 01 Management is the Firstand Only Educational Institution in India to accomplish this feat.B. Saravana Prasath is a graduate in Commerce and a Fellow Member of the Institute of Chartered Accountants of India. He secured Fourth Rankin the Madras University in his Graduation Examinations.He did his Chartered Accountancy Article ship training under the tutor ship 01 Shri G. Sekar FCAHe secured the First Rank in the Chartered Accountancy Final Examinations, securing 76% in the aggregate. He alsosecured the Third Rank in the Intermediate Examinations and Tenth Rank In Ihe Foundation Examinations.His academic performance includes 99% in CA Final Accounting Paper and 96% in CA lntermediate Auditlng Paper.1. Practicing Chartered Accountant for the past 16 years.2. Areas 01 specialization include Accounting Standards. Accounting Systems, Cost Accounting, Management Decsion Making, Direct and Indirect Taxation, Govemment Accounting and Systems Audit.3. Faculty Member on Cost Accounting and Financial Management for CA IPC/lnter and Advanced Management Accounting for CA Final at the SIRC official and its Branches.4. Visiting Faculty on various subjects al the Regional Training Institute 01 the C&AG. and Income Tax Department, Chennai, Shree Guru Kripa’s Institute 01 Management, and Professional Training Institutions.5. Co-Author 01 Books lor CA Students -Authored about 25 books covering the entire cumculum 01 CA Course, Shree Guru Kripa’s Institute of Management is the First and Only Educational Institution in India to accomplish this feat.
B. Saravana Prasath, G Sekar
7th Edition 2016