Starting from 1st April 2023, the Ministry of Corporate Affairs (MCA) has made it mandatory for companies to maintain an audit trail for all their transactions. The new audit trail requirement ...

Chennai: The MCA has mandated companies to compulsorily have audit trails and transaction logs in their accounting software from April with auditors tasked with the responsibility to review and report ...

An accounting audit trail strikes at the underlying conditions -- fraud, data incompleteness and missing information -- that breed inaccurate financial reporting. By giving corporate auditors fodder ...

Listen to the podcast. Find it on iTunes/iPod and Podcast.com. View a full transcript or download the transcript. Learn more. Sponsor: The Open Group. Welcome to the latest BriefingsDirect podcast ...

Ease of Doing Business for MSMEs: The Ministry of Corporate Affairs (MCA) is continuously working towards driving transparency and strengthening the integrity of financial reporting in the business.

The Corporate Affairs Ministry (MCA) has mandated every company that uses accounting software to maintain its books of accounts to only use software that has the feature to record audit trail of each ...

https://www.thehindubusinessline.com/economy/accounting-software-mca-yet-again-defers-mandatory-audit-trail-norm-by-1-more-year/article65282052.ece Copy In a breather ...

Digital transformation of analytical processes requires suppliers to design and implement audit trail(s) (AT) that are fit for intended use in a regulated laboratory. In addition, second person review ...

The government has directed companies to use accounting software that records the audit trail of transactions and the rule will come into effect from the new financial year 2021-22, which begins April ...