Tag » Audit

Lessons Learned from the Transition to COSO 2013

Protiviti has shared with us a useful Top 10 Lessons Learned from Implementing COSO 2013.

I especially like this section:

It is presumed that everyone understands that a top-down, risk-based approach remains applicable to Section 404 compliance, and the transition to the 2013 updated Framework does not affect this.

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Audit

First month in Audit

Okay, so I’ve safely made it through the first month of audit. As of now, i have been through 2 weeks of trainings and 2 weeks of engagement. 95 more words

Format of Auditor’s Report on Consolidated Financial Statements under the Companies Act, 2013

AUDITOR’S REPORT ON CONSOLIDATED FINANCIAL STATEMENTS
UNDER THE COMPANIES ACT, 2013

The Auditing and Assurance Standards Board, under the authority of the Council, has already issued the illustrative formats of the auditor’s report on standalone financial statements of a company under the Companies Act 2013 in December 2014. 298 more words

Companies Act 2013

BRATZ: The Sisters That I Never Had

I didn’t know I’ll reach this point. The point where I’ll have a hard time letting go. I know the ride in my Auditing career was not a smooth sailing one, it almost never was. 789 more words

Thecassiediaries

Thoughts and Musings #1

Photo credit: Sidereal / Source / CC BY-NC-ND

Another week and some more thoughts and musings:

I spend more time than I really want to advising people on how best to prepare for IRCA Lead Auditor exams, so I suppose it is time for a time saving blog post.

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Quality

LADWP Under Fire After City Controller Releases Scathing Audit Of Its Finances

LOS ANGELES (CBSLA.com) — A newly released audit of the Los Angeles Department of Water and Power found that ratepayers footed the bill for thousands of dollars in free gas for employees and expensive steak dinners, as well as millions in contracts without competitive bids. 324 more words

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