Audit practice
Analytical review for finalisation (SA 520): a practical CY vs PY checklist with ratios
What SA 520 requires, an eight-step CY vs PY routine, the ratios worth computing from a TB, and how to document it.
Checklists
Company audit finalisation checklist for FY 2025-26: from trial balance to signed accounts
Eleven stages from engagement to archiving, each with the standard behind it — plus a note on where the tax audit sits.
Company law
Small company limits raised to ₹10 crore and ₹100 crore: what changes for FY 2025-26 audits
Both limits, the exclusions, which year's turnover counts, and the effect on CARO, cash flow and IFC reporting — with four worked examples.
Audit reporting
CARO 2020 applicability: which companies are exempt — a decision table for FY 2025-26
The five exemptions, the two separate routes for private companies, how ICAI reads the borrowing and revenue tests — and a six-step decision table.