Taxmann’s Audit of Financial Statements | Risk-Based Audit, CARO 2020 & AQMM v2 Framework | 5th Edition 2026
Author:
CA Pranav Jain
Edition:
5th Edition, 2026
About the Book with Key Features
Taxmann’s Audit of Financial Statements is a practical and professionally structured guide crafted for Chartered Accountants, audit professionals, students and finance practitioners dealing with statutory audits, CARO reporting and risk-based auditing frameworks.
The book simplifies complex auditing standards and provides end-to-end guidance on financial statement audits, regulatory compliance, audit procedures, risk assessment and reporting obligations. Updated with modern auditing practices and regulatory expectations, this edition incorporates AQMM v2 aligned frameworks, NFRA insights and practical audit illustrations.
Designed for real-world application, the publication bridges theory with practical audit execution, helping professionals strengthen documentation, compliance readiness and reporting accuracy.
Key Features:
- Covers complete audit of financial statements process
- Simplified explanation of Risk-Based Audit concepts
- Includes CARO 2020 reporting guidance
- Incorporates AQMM v2 aligned framework and templates
- Covers audit procedures, disclosures and reporting standards
- Includes practical illustrations and examples
- NFRA inspection focus areas and insights included
- Addresses fraud risk assessment and audit response
- Model accounting policies aligned with Accounting Standards
- Covers audit trail and non-corporate entity reporting
- Useful for professionals, firms and audit trainees
Shipping Note:
In order to receive free shipping, use the shipping code 'FREESHIP' during checkout.
Free Shipping in India – shipping via registered parcel.
Ideal For
- Chartered Accountants
- Audit Firms
- CA Final Students
- Internal Auditors
- Finance Professionals
- Compliance Teams
- Accounting Consultants
- Corporate Finance Departments
Hashtags
#Audit #FinancialStatements #Taxmann #CAFinal #Auditing #CARO2020 #RiskBasedAudit #NFRA #AccountingStandards #FinanceProfessionals#9789371268721
Caveat Legalis:
Description based on available details—interpret with due diligence!
100% Swadeshi
By choosing to buy here, you are supporting local and independent booksellers — keeping India’s legal knowledge ecosystem alive.