6 articles
Audit & AssuranceSince 2018 an auditor in India answers to one of two bodies depending on who the client is. Here is where the line falls, what powers each side holds, and why the two have been in open disagreement.
Audit & AssuranceCARO 2020 asks auditors to report on far more than CARO 2016 ever did, from whistle-blower complaints to a company's ability to pay its bills next year.
Audit & AssuranceIFC reporting under the Companies Act often gets treated as a checklist. It is actually a controls audit with its own risk assessment, testing and opinion.
Audit & AssuranceThree audits, three different laws, three different audiences: business owners often assume they're the same exercise done thrice. They rarely are, and mixing them up gets expensive.
Company Law & ROCA missing board resolution rarely causes trouble the day it's missing. It causes trouble the day a bank, auditor, or investor asks to see it.
Company Law & ROCA company renting office space from a director's other firm feels routine. Under Section 188, it's a related party transaction with its own approval trail to follow.