Preparation of an audit report can be intimidating for most companies. But it doesn't have to be. When preparing for an audit report it's important to understand audit report format, spend time ...

CBDT extends Tax Audit Report deadline to Nov 10, 2025, and ITR for non-TP audit cases to Dec 10, 2025. TP cases must file ITR by Nov 30. File the audit report first to avoid S 271B ...

The Public Company Accounting Oversight Board is taking another stab at overhauling the auditor’s reporting model. The PCAOB first proposed changes in audit reports in 2013 and heard extensive ...

An auditor's opinion on the financial statements is expressed in the form of an auditor's report. In the best case, the auditor finds that the financial statements are in accordance with generally ...

New requirements represent sweeping changes to the form and content of reports. The Securities and Exchange Commission (SEC) approved a new Public Company Accounting Oversight Board (PCAOB) auditing ...

We are not limited to a rigorously enforced standard for communicating in person. Why should we be limited when we are writing? A short while ago, I was talking to an internal audit manager whom I had ...

The Central Board of Direct Taxes (CBDT) on October 29 announced an extension of deadlines for filing income tax returns ...

The Public Company Accounting Oversight Board issued inspection reports Monday for the six largest auditing firms in a new format with more graphs and charts. The revamped format represents one of the ...

T Department's extension also follows recent decisions by the high courts of Punjab, Haryana, Gujarat, and Himachal Pradesh ...

Not all taxpayers benefit from this relief. Several chartered accountants have raised concerns that certain categories, ...