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This book provides an in-depth analysis of the audit cycle for financial statements, from the auditor’s appointment to the audit report’s issuance and file archival. It gives detailed guidance on risk-based audits per ICAI Standards and is a valuable resource for audit assistants, engagement partners, and small to medium practitioners. It includes comprehensive explanations of audit procedures, examples of risks and non-compliance findings, practical examples, templates, and links to legal requirements. It covers 50 chapters across four divisions, addressing all stages of the audit process.
Taxmann Audit of Financial Statements By Pranav Jain
This book thoroughly analyses the entire audit cycle for financial statements, from the initial ‘appointment of the auditor’ to the final’ issuance of the audit report’ and the archival of the audit file. It includes detailed guidance on ‘risk-based audit’ in accordance with the Standards on Auditing issued by the Institute of Chartered Accountants of India (ICAI).
It is designed to be a valuable resource for audit assistants, engagement partners, and small to medium practitioners; this book transitions from a ‘checklist’ based approach, which typically benefits more experienced auditors, to a comprehensive and easy-to-understand description of audit procedures.
The Present Publication is the 3rd Edition and has been amended until 31st July 2024. This book is authored by CA Pranav Jain with the following noteworthy features:
The book has 50 chapters divided into four divisions (covering each stage of the audit of financial statements), which are as follows:
Division 1 | Preliminary Activities
Division 2 | Planning of Audit
Division 3 | Audit of Each Line Item of the Financial Statement
Division 4 | Concept of Going Concern & Subsequent Events
Mr Jain is a practising Chartered Accountant with 22 years of experience in audit & assurance. He has led audits of listed & unlisted companies. He has served domestic, international, & multinational clients operating in diverse sectors like Consumer Goods, Automotive Components, Telecom, Travel, Entertainment, EPC, Education, and NBFC. He has also handled audits both under Indian GAAP and IFRS. Pranav also has experience in providing IPO advisory services.
He is a regular speaker at various ICAI CPE Study Circles and other forums such as the PHD Chambers of Commerce in Industry. He has also presented on International Standard for Auditing at the Institute of Chartered Accountants of Barbados. He is empanelled as Technical Reviewer with Quality Review Board set up by the Government of India.
Weight | 0.78 kg |
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bookauthor | Pranav Jain |
binding | Paper back |
edition | 3rd Edition August 2024 |
hsn | 49011010 |
isbn | 9789357780117 |
language | English |
publisher | Taxmann |
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Pooja Law House GST Law and Commentary with Analysis and Procedures (Set of 4 Volumes) By Bimal Jain and A2Z Taxcorp LLP Edition September 2024
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