Statutory Audit - A Ready Reckoner by CA. Kamal Garg, 6th Edition 2025 Rs. 2295
Appointment of Auditors
Appointment and Removal of Auditors
Management Services and the Auditors
Code of Ethics
Unique Document Identification Number (UDIN)
Audit Trail and Other Matters to be reported by Auditors under the Companies Act, 2013
Audit of Items of Financial Statements — Ready Reckoner
Books of Accounts and Financial Statements
Consolidation of Financial Statements
Audit Checklist for Share Capital
Audit Checklist for Reserve and Surplus
Audit Checklist for Borrowings
Audit Checklist for Trade Receivables
Audit Checklist for Cash and Cash Equivalents
Audit Checklist for Inventories
Audit Checklist for Fixed Assets and Property, Plant and Equipment (PPE)
Audit Checklist for Intangibles
Audit Checklists for Trade Payables and Current Liabilities
Audit Checklists for Loans and Advances and Other Current Assets
Audit Checklists for Provisions and Contingent Liabilities
Audit Checklists for Sale of Products and Rendering of Services
Audit Checklists for Other Income Comprising Interest Income, Dividend Income, Gain/Loss on Sale of Investments etc.
Audit Checklists for Purchases
Audit Checklists for Employee Benefits Expenses
Audit Checklists for Depreciation and Amortisation
Audit Checklists for Other Expenses like Power and Fuel, Rent, Repair to Building, Plant and Machinery, Insurance, Travelling, Legal and Professional, Miscellaneous Expenses
Audit Checklists for Taxes on Income and Minimum Alternative Tax (MAT)
Statutory Auditors’ Responsibilities in Relation to Fraud in a Company
Materiality in Statutory Audit: Illustrative Case Studies
How to do Risk Assessment and Audit Sampling
Schedule III Specimen Format of Financial Statements (AS Based)
Specimen Format of Financial Statements under Schedule III for AS compliant companies
Practice Pointer Issues on Accounting Standards
Checklists of Accounting Standards
SA and CARO Checklist
Standards on Auditing (SA) Checklists
Companies (Auditor's Report) Order, 2020 — Checklist
Audit Programme – Audit Compliance Procedures
Business Client Information Checklist
KYC New Client
Illustrative Audit Programmes for Accounting System & Internal Control
Illustrative list of Questions to Evaluate Entity Level Controls Considering Nature of Business, Size of Operation and Organisational Structure of the Entity
Formats of Engagement and Representation Letters, Reports
Illustrative Formats on Agreeing the Terms of Audit Engagements
Illustrative Format of Representation Letter
Specimen of Management Representation Letter on Statutory Audit (including Audit Trail)
Illustrative Format on an Engagement Letter for an Agreed upon Procedures Engagement
Illustrative Format on Engagement Letter for a Compilation Engagement
Illustrative Format on Engagement Letter for a Review of Interim Financial Information
Illustrative Format on Engagement Letter for an Engagement to Review Historical Financial Statements
Illustrative Format on Independent Auditor’s Reports on Financial Statements
Illustrative Format on Practitioner’s Report with an Unmodified Opinion
Illustrative Format on Auditor’s Report on Emphasis of Matter Paragraph and Other Matter Paragraphs
Illustrative Formats on Auditor’s Reports with Modifications to the Opinion
Illustrative Formats of Auditor’s Report with Modified Opinion
Illustrative Formats on Auditor’s Report on Corresponding Figures and Comparative Financial Statements
Illustrative Formats on Auditor’s Reports Relating to Going Concern
Illustrative Formats on Auditor’s Report Relating to Other Information
Illustrative Formats on Practitioners’ Compilation Reports
Illustrative Formats on Review Reports on Interim Financial Information
Illustrative Formats on Practitioners’ Review Reports
Illustrative Formats on Special Purpose Financial Statements
Illustrative Formats on Summary Financial Statements
Illustrative Format on a Report of Factual Findings in Connection with Accounts Receivable
Illustrative Formats on a Single Financial Statement and a Specific Element of a Financial Statement
Illustrative Format of an Unmodified Report on a Projection
Illustrative Formats on Service Organization’s Assertions
Illustrative Formats on Modified Service Auditor’s Assurance Reports
Illustrative Formats on Service Auditor’s Assurance Reports
Information Requests and Other Client Admin Letters – Letter of Weakness and Appendix
Confirmation Letter for Struck Off Status to be sent by Company
NOC Communication with predecessor
Eligibility and Independence confirmation to be appointed (or) continue as auditors
Revised Formats of Audit Reports (Including Audit Trail)
Revised Format of Audit Report for Private Limited Company without IFC, CARO 2020, Cash Flow
Revised Format of Audit Report for Private Limited Company with IFC, CARO 2020, Cash Flow
Revised Format of Audit Report for Private Limited Company without IFC, but with CARO 2020, Cash Flow
Revised Format of Audit Report for Private Limited Company without IFC, CARO 2020 but with Cash Flow
Specimen Audit Report from Published Results
TCS Annual Report
Infosys Annual Report
Illustrative Audit Paras for Qualification, Adverse, Disclaimer, KAM, EOM, OM Matters
Qualified Opinion – Illustrative Reporting Comments
Material uncertainty related to Going Concern – Illustrative Reporting Comments
Emphasis of Matter Paragraph – Illustrative Reporting Comments
Other Matter Paragraph – Illustrative Reporting Comments
Key Audit Matters – Illustrative Reporting Comments
Disclaimer Opinion – Illustrative Reporting Comments
Adverse Opinion – Illustrative Reporting Comments
Other Information Paragraph — Illustrative Reporting Comments
Internal Controls over Financial Reporting