Blog

26
Aug

Auditing Robotic Process Automation (RPA)

Robotic process automation (RPA) is automation of a process by using software with artificial intelligence (AI) and machine learning capabilities to handle high-volume, repeatable tasks needed people to do. A number of years back this had started with OCR based data entry into EPR’s especially around accounts payable. Recently with the advent of AI and ML, RPA has learning capabilities

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17
Jul

Supporting Global Action on Poverty (GAP)

Head Held High (http://head-held-high.org) is a collective of everyday persons with intentions to eradicate poverty, by changing one life at a time. They empowers changemakers to create bold and enterprising visions to amplify their effect against poverty. Recently G R A N D M A R K & Associates supported them in one of their initiatives to further empower their

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7
Jul

Union Budget – 2019

The first Union Budget delivered by the first women Finance Minister was amidst uncertainties over economic growth, revenue short-fall resulted after demonetisation and introduction of GST, rising global uncertainties and muted expectations from the public at large. The overwhelming majority in the Election 2019 by NDA may have raised the expectations from the public at large for a big bang

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31
Dec

GST on Housing Societies for rendering Services to its Members

GST on Housing Societies for rendering Services to its Members  CA SANJEEV SINGHAL First of All housing societies means unincorporated body or Non –Profit entity registered under any law for the time being in force whether it is cooperative society or society register under Societies Act. "Simply put these are a collective body of persons, who stay in a residential society.
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6
Dec

GUIDANCE NOTE ON GST

GST is planked as a “One Nation One Tax” which is a misnomer in many ways. First of all we have come out with a dual system of GST where every transaction will suffer two Taxes, being CGST and SGST, when a transaction is done Intra-State, and IGST in case of an Inter-State transaction.

26
Nov

Audit Technology without IT Audit staff

Then came the wave of specialised IT audits who could open the black box and identify numerous new risks associated with the complex workings inside the servers, computers and applications used. The financial/operational auditor could never really understand these risks and full reliance was placed the IT auditor.