Question
By how much did micro and small enterprises (MSMEs)
register loan growth in the current fiscal year according to RBI data?Solution
Loans to micro and small enterprises showed a year-on-year growth of 13.3%, while medium enterprises registered a 17.2% growth, driven by renewed focus on MSME credit and digitization efforts.
During an audit, the auditor notices that a single person in a company is responsible for authorizing transactions, maintaining records, and custody of ...
Which of the following provides the most reliable audit evidence?
Which of the following deductions is/are available as deduction from income under both the old and new tax regime of Income Tax?
During a statutory audit, the auditor discovers a pattern of journal entries posted near year-end reversing shortly after year-end that inflate reported...
An auditor identifies a material misstatement due to fraud in financial statements. What should be his immediate course of action?
Which principle requires that the financial affairs of the business must be kept separate from the personal affairs of the owner(s)?
 ………………. Is a kind of audit is conducted between two annual audits
Internal check is carried on by
Which of the following statements is true for cash basis accounting?
The internal audit report of XYZ Ltd. reveals irregularities in procurement. The statutory auditor plans to rely on internal audit work. Which standard ...
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