Description
Wolters Kluwer Accounting & Auditing - A Checklist Approach (First Edition) by CA Santosh Maller
This publication intends to assist companies and auditors in preparing financial statements in accordance with accounting Standards (under companies (accounting Standards) rules, 2006) and also those preparing financial statements under Indian accounting Standards (under companies (Indian accounting Standards) rules, 2015. Looking to the enhanced compliance scenario, the aim of this publication is not only to equip companies and auditors with the changes, but also to ensure that adequate documentation is put in place by them. The publication seeks to provide immense practical value, containing several new checklists of importance including on updated accounting Standards, Indian accounting Standards (including Ind AS 116 leases that is effective from financial years beginning on or from 1 April 2019), schedule III, revised standards on auditing, Caro 2016, Audit report formats, IFC reporting and revised form br>3cd clauses. Part I of the publication deals with the accounting requirements and contains accounting Standards (under companies (accounting Standards) rules, 2006) and companies (Indian accounting Standards) rules, 2015 checklists. There are also checklists dealing with divisions I, II and III of schedule III to the Companies Act, 2013. Part II of the publication deals with the auditing requirements and contains standards on auditing checklist, revised form br>3cd checklist including the annexures, Caro checklist, icf reporting checklist and checklist on sebi’s regulations for principal auditors of listed groups. This publication is an attempt to ease The process of financial reporting and auditing covering the key accounting and auditing requirements through checklist. The readers would find this book very useful.
Key features includes comprehensive & simplified checklists on- - Accounting Standards & Indian accounting Standards, included Ind AS 116 - schedule III to companies Act 2013 along with formats, including division I, II & III - standards on auditing including revised standards - updated Caro 2016 and form br>3cd in tax Audit along with formats & annexures - internal control over financial reporting (icfr) under companies Act, 2013 Para references given in the checklists SEBI guidelines for principal auditors of listed companies checklist for appointment of auditors, including relevant illustrative formats for letters/ resolutions.
About the Author
CA Santosh Maller The author is an Associate Chartered Accountant, having secured rank in CA exams, with about 16 years of extensive experience in Accounting, Audit and Assurance fields. He has worked with several diverse companies, Indian and multinational companies, on IFRS and Ind AS GAAP conversion engagements, in India and overseas, in manufacturing, telecom, real estate, shipping and logistics. He has been a member of IFRS desk/accounting technical professional practice group of a big audit firm for over 8 years. He has had a stint in London, during which he was closely associated with the IFRS standard-setting projects of the International Accounting Standards Board, such as, revenue, leases and financial instruments. The author has been serving as a special invitee on the ICAI’s Accounting Standards Board and has been part of many study groups of the ICAI. He has authored several media articles on Accounting and Valuation and has been an eminent speaker and technical trainer on financial reporting and corporate governance. The author has also authored several other books on Ind AS and taxation.