Cyber fraud is a growing problem in India, with criminals using a variety of techniques to commit their crimes. Cyber fraud is defined as the use of technology to commit fraud or other crimes for financial gain. Cyber fraud has…
Forensic audits are becoming increasingly popular in India. The forensic audit is a form of investigative audit that is used to uncover any potential fraud or mismanagement of funds. It is a detailed review and analysis of financial records, documents,…
A forensic audit is a comprehensive evaluation of financial records to uncover evidence of fraud or misappropriation of funds. Forensic auditors use a variety of investigative techniques to determine if a company’s financial records have been tampered with or if…
Forensic audit and financial audit are two frequently used terms in the Indian financial and accounting industry. However, both of these terms have different meanings and objectives. A financial audit is an independent examination of a company’s financial statements with…
Forensic audit and external audit are two important processes used to identify and investigate frauds and other financial irregularities in organizations. In India, both forensic audit and external audit are conducted by professional auditors who are certified and licensed to…
Risk audit and forensic audit are two separate audit processes that are often confused yet have distinct differences from an Indian perspective. Risk audit is a form of audit that focuses on evaluating the risk of a business or organization…
Forensic reports and financial statements are both important documents used in the financial world. They are both used to assess the financial status of an individual or organization and can be used in criminal investigations. However, there are key differences…
Forensics is a field of study that focuses on the collection, preservation, and analysis of evidence to be used in legal proceedings. In India, the terms “audit” and “investigation” are often used interchangeably in the forensic field. But, in reality,…
Financial ratios are one of the most important tools in understanding the financial health of a company. They can provide valuable insights into a company’s performance, liquidity, and profitability, as well as its ability to pay its debts. Financial ratios…
Financial ratios have long been used as a tool for analysing a company’s performance. By comparing different financial metrics of a company, investors can gain insight into the company’s financial health. However, there are certain limitations associated with using financial…