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Tag Archives: Internal Audit Reports

Proposed Companies Amendment Bill 2016

Proposals of the Companies (Amendment) Bill 2016 as introduced in the Lok Sabha on 16th March, 2016

The Companies Act 2013 was enacted to improve corporate governance and to further strengthen regulations for the companies, keeping in view the changing economic environment as well as the growth of our economy.

If Internal Audit report is carried out fairly it becomes very crucial document for Statutory Auditors, The statutory auditor may use internal audit report in a meaningful manner and can perform his duties in a better way. Which can help to perform Statutory Auditor’s while performing their Final Audit. Internal Audit report is a very important documents and it contains various information cum insights about the company’s/entity’s operations. Generally an internal audit report contains:

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