One of the most common questions CA firms have before Peer Review is: “Which audit files will be selected for review?” Sample selection in Peer Review is systematic and logical, not random.
Once [...]
Peer Review Process – Flow Diagram (Illustrative Timeline) 1 Application PU submits Form 1 (Application-cum-Questionnaire) or is selected by the Board. Day 1 2 Reviewer Panel Board sends panel of 3 [...]
Audit Manual – FAQs for Chartered Accountant Firms What is an Audit Manual? An Audit Manual is a structured reference document that defines a Chartered Accountant firm’s
policies, procedures, [...]
