Contributed By Huzeifa Unwala, Senior Partner, JHS & Associates LLP In India, there exist significant differences in the internal auditing systems, processes and practices adopted
By Huzeifa Unwala, Sr. Partner, JHS & Associates LLP MCA vide order dated 17.12.2020 has changed the applicability date of Companies (Auditor’s Report) Order, 2020
Contributed by Huzeifa Unwala, Senior Partner, JHS & Associates LLP The “People” factor in the design of internal controls Global standards state that Internal Control
Unprecedented crisis such as COVID 19 requires extra-ordinary responses. Businesses are busy re-designing their business models in the fast-emerging digital landscape by implementing work from home practices, can the auditors lag far behind? Auditor has to make a choice – right now, to transform his ways and adopt technology or become an extinct entity.
Auditing fro Home is going to be the new normal in the present situation. The practices will change right from the way the audit committee meetings happens to the actual audit, scope, risks and controls.
During the Locked Down when everyone is working from home, how the consulting and auditing firms can do auditing from home (AFH)
