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Format |
Printed Books |
Faculty Name |
Pranav Jain |
Course Material Language |
English |
Package Details |
4th Edition March 2025, Paperback Book. |
Item Code |
9789364556675 |
Study Material Format |
Printed Books |
Delivery |
Home Delivery within 7-10 days from the date of Payment Confirmation. |
Brand |
Taxmann |
No of Pages |
866 |
Audit of Financial Statements is a comprehensive and practice-oriented guide that simplifies the entire audit process for financial statements in India. This book addresses the heightened need for robust, risk-based auditing amidst increasing scrutiny by regulators like NFRA, QRB, and SEBI. It walks readers through the entire audit cycle, from appointment and engagement acceptance to final reporting, covering every key concept, procedure, and regulatory requirement in an easy-to-understand, example-driven manner. As the name suggests, the text prioritises the 'Risk Based Audit' approach in line with mandatory Standards on Auditing (SAs). It systematically explains each financial statement area's risk assessment process, potential misstatements, and relevant procedures. The book also incorporates the latest developments, such as enhanced CARO 2020 reporting requirements, the Audit Quality Maturity Model (AQMM) v2, and updated regulations on audit trail and transparency reporting.
This book is intended for the following audience:
The Present Publication is the 4th Edition | 2025 and has been amended until 15th March 2025. It is authored by CA. Pranav Jain with the following noteworthy features:
The coverage of the book is as follows:
The structure of the book is as follows:
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