Accounting & Auditing – A Checklist Approach
Author: Santosh Mallar
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 3CD clauses.