Handbook on Internal Auditing
- Year of Publication: 2016
- Edition: 5th
- ISBN: 978-93-5139-362-7
The unique features of this book are as follows:
- Every engagement for internal audit should preferably be made by way of ‘Engagement Letter’. Accordingly, this book discusses the essentials of ‘Engagement Letter’ alongwith a ‘Specimen Internal Audit Engagement Letter’;
- The role of Internal Audit function has increased as a result of Corporate Governance requirements (such as Clause 49, SOX). A separate chapter has been dedicated towards discussing the relationship of internal audit function with corporate governance;
- The above features are supplemented with illustrative Internal Control Questionnaires, Internal Audit Checklists and Audit Programmes;
- Contains Guidance Note on Reporting under section 143(3)(i) of the Companies Act, 2013 w.r.t. Internal Controls Over Financial Reporting;
- Contains Guidance Notes on Auditing Aspects and Auditing Standards, issued by the Institute of Chartered Accountants of India;
- Gist of all the Accounting Standards issued by ICAI is also incorporated in this book;
- A separate chapter has been dedicated for drafting Internal Audit Report;
- Internal Audit Charter is a pre-requisite for good corporate governance. Keeping this in mind, a specimen internal audit charter is also incorporated in the present Handbook;
- This book also discusses in brief about “Forensic Auditing”;
10. The present book also incorporates a primer on Enterprise Risk
CA. Kamal Garg is a Fellow Member of The Institute of Chartered Accountants of India (ICAI) and a First Class Commerce Baccalaureate from Deen Dayal Upadhyaya College, University of Delhi and an academic resource partner in KGMA, Delhi. He has also qualified post qualification course on Diploma in Information System Audit (DISA) conducted by ICAI. Besides this he is also an Insolvency Professional registered with Insolvency and Bankruptcy Board of India (IBBI). He was also the member of Board of Studies (BOS) Study Material Research Group (2009-2010) of NIRC of ICAI and a special invitee member of Accounting Standards Board (ASB) [2012-2013 and 2020-2021] and Ind- AS (IFRS) Implementation Committee [2014-2015] of ICAI. He was also nominated as a special invitee member to the Committee on Banking, Insurance and Pension (2014-2015) of NIRC of ICAI. He is also the faculty resource of Ethical Standards Board (ESB) and Peer Review Board (PRB) of ICAI. He is also a key resource person for development and review of various study contents and webcasts for BOS of ICAI, such as study material and practice manual on Advanced Auditing for CA Final, eLectures for CA IPCC and CA Final studies, etc.
Besides being a regular guest speaker for IFRS and Management Development Programmes at various forums including ICAI and ICSI, he is also an author of over dozens of book(s) and commentaries on company and commercial laws including Ind AS. He possesses a rich industry experience in the areas of Corporate Laws (like Companies Act, FEMA, Taxation, Foreign Collaborations, Joint Ventures, etc.), Audits and Management Consultancy.
Bharat is a 'trade-name' for a group of concerns, popularly known as Bharat Law House and Bharat Law House Pvt. Ltd. Bharat is one of the most reputed publishers of law books with an experience of over six decades. It possess a very diverse range of publications covering not only the area of taxation - direct and indirect - but also company law, insolvency capital market, finance, industrial law, foreign exchange, commercial, civil and criminal laws. The students publications for CA, CS, CMA, CFA, MBA, graduate and post-graduate studies have carved out a niche for themselves. The Publication House has a professionally qualified team with strong in-house capabilities. Their strength lies in the patronage of legal luminaries in every field. They strive for accuracy, authenticity and sincerity.
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- Year of Publication: 2016
- Edition: 5th
- ISBN: 978-93-5139-362-7
The unique features of this book are as follows:
- Every engagement for internal audit should preferably be made by way of ‘Engagement Letter’. Accordingly, this book discusses the essentials of ‘Engagement Letter’ alongwith a ‘Specimen Internal Audit Engagement Letter’;
- The role of Internal Audit function has increased as a result of Corporate Governance requirements (such as Clause 49, SOX). A separate chapter has been dedicated towards discussing the relationship of internal audit function with corporate governance;
- The above features are supplemented with illustrative Internal Control Questionnaires, Internal Audit Checklists and Audit Programmes;
- Contains Guidance Note on Reporting under section 143(3)(i) of the Companies Act, 2013 w.r.t. Internal Controls Over Financial Reporting;
- Contains Guidance Notes on Auditing Aspects and Auditing Standards, issued by the Institute of Chartered Accountants of India;
- Gist of all the Accounting Standards issued by ICAI is also incorporated in this book;
- A separate chapter has been dedicated for drafting Internal Audit Report;
- Internal Audit Charter is a pre-requisite for good corporate governance. Keeping this in mind, a specimen internal audit charter is also incorporated in the present Handbook;
- This book also discusses in brief about “Forensic Auditing”;
10. The present book also incorporates a primer on Enterprise Risk
CA. Kamal Garg is a Fellow Member of The Institute of Chartered Accountants of India (ICAI) and a First Class Commerce Baccalaureate from Deen Dayal Upadhyaya College, University of Delhi and an academic resource partner in KGMA, Delhi. He has also qualified post qualification course on Diploma in Information System Audit (DISA) conducted by ICAI. Besides this he is also an Insolvency Professional registered with Insolvency and Bankruptcy Board of India (IBBI). He was also the member of Board of Studies (BOS) Study Material Research Group (2009-2010) of NIRC of ICAI and a special invitee member of Accounting Standards Board (ASB) [2012-2013 and 2020-2021] and Ind- AS (IFRS) Implementation Committee [2014-2015] of ICAI. He was also nominated as a special invitee member to the Committee on Banking, Insurance and Pension (2014-2015) of NIRC of ICAI. He is also the faculty resource of Ethical Standards Board (ESB) and Peer Review Board (PRB) of ICAI. He is also a key resource person for development and review of various study contents and webcasts for BOS of ICAI, such as study material and practice manual on Advanced Auditing for CA Final, eLectures for CA IPCC and CA Final studies, etc.
Besides being a regular guest speaker for IFRS and Management Development Programmes at various forums including ICAI and ICSI, he is also an author of over dozens of book(s) and commentaries on company and commercial laws including Ind AS. He possesses a rich industry experience in the areas of Corporate Laws (like Companies Act, FEMA, Taxation, Foreign Collaborations, Joint Ventures, etc.), Audits and Management Consultancy.
Bharat is a 'trade-name' for a group of concerns, popularly known as Bharat Law House and Bharat Law House Pvt. Ltd. Bharat is one of the most reputed publishers of law books with an experience of over six decades. It possess a very diverse range of publications covering not only the area of taxation - direct and indirect - but also company law, insolvency capital market, finance, industrial law, foreign exchange, commercial, civil and criminal laws. The students publications for CA, CS, CMA, CFA, MBA, graduate and post-graduate studies have carved out a niche for themselves. The Publication House has a professionally qualified team with strong in-house capabilities. Their strength lies in the patronage of legal luminaries in every field. They strive for accuracy, authenticity and sincerity.
