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 ...

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 ...

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 ...

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 ...

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 ...

The Ministry of Corporate Affairs issued a notification dated March 24 under the Companies (Accounts) Amendment Rules, 2021 stating that for the financial year commencing on or after April 1, 2021, ...

CHENNAI: As many as 69% of the respondents of a survey conducted by Zoho's cloud accounting platform Zoho Books say that the audit trail feature in their accounting software has helped them ensure ...

The ministry of corporate affairs (MCA) has given companies a year to implement its latest regulation which mandates the use of accounting software that records each and every transaction made by them ...

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 ...

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 ...