Critical Issues in Audit Trail | CA. Pramod Jain

Namaste

Audit Trail has been mandatory for Companies maintaining their books of accounts in accounting software for financial year commencing on or after 1st April 2023. There have been certain issues which a few friends have brought to my notice. Sharing a small video on “Critical issues in Audit Trail” sharing my views on the same.

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Warm Regards
CA. Pramod Jain

[caharshdeepchhabra]

Thanks for such an informative content

[abdulqaderkittur]

Thankyou sir for your knowledgeable and informative vedio.

[ertugrulusmanshorts]

Very simple and clear explanation thanks

[kailashbhatia]

Thanks sir very informative vidoe and very useful also

[navindamani]

Penal provision for not maintaining audit trail?

[abhishekagarwal]

Company makes gst invoice in excel & we as a CA enter into our Tally with edit log software at month end of all those invoices? Is it valid complaince for MCA as date of Invoice and date of entry in software will vary.

[himanshubansal]

Sir if the company is not having audit trail feature. Whether the auditor should qualify the report?

[sumitshaw]

, in AS there's concept of adjusting and non-adjusting items, for adjusting items/transactions between b/s date and it approval date, we need to make the entry backdated or what suggestions do u have??🙏

[ganeshhegde]

Sir, If on 31st December Bank entry in tally is not made and we are going to pass bank entries for 31st December on 2nd Jan, then can we make back dated bank entry or we need to make entry on 2nd Jan & make BRS ?

[ProfessionalGyan]

Sir what about change in opening balances

[abhimanyu]

This rule is atrocious for small entities and will lead to harassment

[ARISTOCRAFTPAPERS]

Sir, If sale invoice of 01.04.2023 and accountant received invoice on 02.04..2023 than in which date entered in tally. and the our question is, if purchase bill date is 01.04.2023 and goods recd. in 03.04.2023 but bill recd. in 06.04.2023 than how and in which date we have to entered in accounts. can we entered in books of purchase bill in 03.04.2023

[hi]

If maintain manual books any problem sir

[jomonjoseph]

Sir, how can a citizen download a companies balance sheet which is uploaded in MCA Website ?

[deepnag]

Sir can i do the back datef entry?for GST piyrpose