Description
Bharat Law House Pvt. Ltd. Statutory Audit, A Ready Reckoner for Accounting Standards Compliant Companies by CA. Kamal Garg
Division I
Appointment of Auditors
Chapter 1 Appointment and Removal of Auditors
Chapter 2 Management Services and the Auditors
Chapter 3 Code of Ethics
Chapter 4 Unique Document Identification Number (UDIN)
Chapter 5 Audit Trail and Other Matters to be reported by Auditors under the Companies Act, 2013
Division II
Audit of Items of Financial Statements –
Ready Reckoner
Chapter 6 Books of Accounts and Financial Statements
Chapter 7 Consolidation of Financial Statements
Chapter 8 Audit Checklist for Share Capital
Chapter 9 Audit Checklist for Reserve and Surplus
Chapter 10 Audit Checklist for Borrowings
Chapter 11 Audit Checklist for Trade Receivables
Chapter 12 Audit Checklist for Cash and Cash Equivalents
Chapter 13 Audit Checklist for Inventories
Chapter 14 Audit Checklist for Fixed Assets and Property, Plant and Equipment (PPE)
Chapter 15 Audit Checklist for Intangibles
Chapter 16 Audit Checklists for Trade Payables and Current Liabilities
Chapter 17 Audit Checklists for Loans and Advances and Other Current Assets
Chapter 18 Audit Checklists for Provisions and Contingent Liabilities
Chapter 19 Audit Checklists for Sale of Products and Rendering of Services
Chapter 20 Audit Checklists for Other Income Comprising Interest Income, Dividend Income, Gain/Loss on Sale of Investments etc.
Chapter 21 Audit Checklists for Purchases
Chapter 22 Audit Checklists for Employee Benefits Expenses
Chapter 23 Audit Checklists for Depreciation and Amortisation
Chapter 24 Audit Checklists for Other Expenses like Power and Fuel, Rent, Repair to Building, Plant and Machinery, Insurance, Travelling, Legal and Professional, Miscellaneous Expenses
Chapter 25 Audit Checklists for Taxes on Income and Minimum Alternative Tax (MAT)
Division III
Schedule III Specimen Format of
Financial Statements (AS Based)
Chapter 26 Specimen Format of Financial Statements under Schedule III for AS compliant companies
Chapter 27 Practice Pointer Issues on Accounting Standards
Chapter 28 Checklists of Accounting Standards
Division IV
SA and CARO Checklist
Chapter 29 Standards on Auditing (SA) Checklists
Chapter 30 Companies (Auditor's Report) Order, 2020 — Checklist
Division V
Audit Programme – Audit Compliance Procedure
Chapter 31 Business Client Information Checklist
Chapter 32 KYC New Client
Chapter 33 Illustrative Audit Programmes for Accounting System & Internal Control
Chapter 34 Illustrative list of Questions to Evaluate Entity Level Controls Considering Nature of Business, Size of Operation and Organisational Structure of the Entity
Division VI
Formats of Engagement and
Representation Letters, Reports
Chapter 35 Illustrative Formats on Agreeing the Terms of Audit Engagements
Chapter 36 Illustrative Format of Representation Letter
Chapter 37 Specimen of Management Representation Letter on Statutory Audit
Chapter 38 Illustrative Format on an Engagement Letter for an Agreed upon Procedures Engagement
Chapter 39 Illustrative Format on Engagement Letter for a Compilation Engagement
Chapter 40 Illustrative Format on Engagement Letter for a Review of Interim Financial Information
Chapter 41 Illustrative Format on Engagement Letter for an Engagement to Review Historical Financial Statements
Chapter 42 Illustrative Format on Independent Auditor’s Reports on Financial Statements
Chapter 43 Illustrative Format on Practitioner’s Report with an Unmodified Opinion
Chapter 44 Illustrative Format on Auditor’s Report on Emphasis of Matter Paragraph and Other Matter Paragraphs
Chapter 45 Illustrative Formats on Auditor’s Reports with Modifications to the Opinion
Chapter 46 Illustrative Formats of Auditor’s Report with Modified Opinion
Chapter 47 Illustrative Formats on Auditor’s Report on Corres-ponding Figures and Comparative Financial Statement
Chapter 48 Illustrative Formats on Auditor’s Reports Relating to Going Concern
Chapter 49 Illustrative Formats on Auditor’s Report Relating to Other Information
Chapter 50 Illustrative Formats on Practitioners’ Compilation Reports
Chapter 51 Illustrative Formats on Review Reports on Interim Financial Information
Chapter 52 Illustrative Formats on Practitioners’ Review Reports
Chapter 53 Illustrative Formats on Special Purpose Financial Statements
Chapter 54 Illustrative Formats on Summary Financial Statements
Chapter 55 Illustrative Format on a Report of Factual Findings in Connection with Accounts Receivable
Chapter 56 Illustrative Formats on a Single Financial Statement and a Specific Element of a Financial Statement
Chapter 57 Illustrative Format of an Unmodified Report on a Projection
Chapter 58 Illustrative Formats on Service Organization’s Assertions
Chapter 59 Illustrative Formats on Modified Service Auditor’s Assurance Reports
Chapter 60 Illustrative Formats on Service Auditor’s Assurance Reports
Chapter 61 Information Requests and Other Client Admin Letters – Letter of Weakness and Appendix
Chapter 62 Confirmation Letter for Struck Off Status to be sent by Company
Chapter 63 NOC Communication with predecessor
Chapter 64 Eligibility and Independence confirmation to be appointed (or) continue as auditors
Division VII
REVISED FORMATS OF AUDIT REPORTS
(INCLUDING AUDIT TRAIL)
Chapter 65 Revised Format of Audit Report for Private Limited Company without IFC, CARO 2020, Cash Flow
Chapter 66 Revised Format of Audit Report for Private Limited Company with IFC, CARO 2020, Cash Flow
Chapter 67 Revised Format of Audit Report for Private Limited Company without IFC, but with CARO 2020, Cash Flow
Chapter 68 Revised Format of Audit Report for Private Limited Company without IFC, CARO 2020 but with Cash Flow
Division VIII
SPECIMEN AUDIT REPORT FROM PUBLISHED
RESULTS
Chapter 69 TCS Annual Report
Chapter 70 Infosys Annual Report
Division IX
Illustrative Audit Paras for Qualification, Adver
Disclaimer, KAM, EOM, OM Matters
Chapter 71 Qualified Opinion – Illustrative Reporting Comments
Chapter 72 Material uncertainty related to Going Concern – Illustrative Reporting Comments
Chapter 73 Emphasis of Matter Paragraph – Illustrative Reporting Comments
Chapter 74 Other Matter Paragraph – Illustrative Reporting Comments
Chapter 75 Key Audit Matters – Illustrative Reporting Comments
Chapter 76 Disclaimer Opinion – Illustrative Reporting Comments
Chapter 77 Adverse Opinion – Illustrative Reporting Comments
Chapter 78 Other Information Paragraph — Illustrative Reporting Comments
Chapter 79 Internal Controls over Financial Reporting