Lot of CAs are burdened with the Tax Audits in the month of September as the 30th is the last date. Please go through the below points

 Standards on Auditing are mandatory to be followed in planning and performing the audit.

 For clarity on any specific matter, members can refer to the Guidance note issued by the ICAI.

 Risk assessment is a critical element which should never be ignored.

 One should never compromise on the audit procedures due to paucity of time.

 Review mechanism within the practicing firm improves the quality of audit.

️ Never to forget Integrity, Objectivity, and Independence.

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