Question
Which of the following Logistics Technology Platform has
crowned as the 106th Unicorn of India?Solution
Logistics Technology Platform Shiprocket raised USD 33 Million or Rs 260 crore from its existing investors Temasek Holdings and Lightrock India to be crowned as the 106th Unicorn of India. Zomato-backed Shiprocket is the 20th company to cross the 1 Billion Valuation mark in 2022 and joins the league of CredAvenue, Xpressbees, LEAD and PhysicsWallah among others.
Late-year reinsurance treaties significantly reduce reported loss ratio. Which step is most relevant to fraud risk of “window dressing”?
As per SA 230, audit working papers must be retained for:
Under CARO 2020, which of the following matters is required to be reported by the auditor?
Which of the following statements is not true?
________ the audit risks _________ the materiality and _______ the audit effort
Client has breached debt covenants; lender issued waiver valid for 9 months after balance sheet date. Auditor notes liquidity support from group company...
 ………………. Is a kind of audit is conducted between two annual audits
An auditor finds material misstatements due to fraud but the management refuses to take corrective action. What should be the auditor’s next step?
Which of the following best describes the primary objective of a system of internal control in a large organization?
During a statutory audit, the auditor discovers a pattern of journal entries posted near year-end reversing shortly after year-end that inflate reported...