Auditing Practice in India and Expectations Differences of the Users

This book is an outcome of an empirical investigation on auditing practice in India with reference to expectations differences of the various users This book is aimed mainly at the academic researchers, professionals and students in the field of accounting, financial reporting and auditing.The book comprises of eight chapters vij, prologue, the audit expectations differences and its perception across the various user groups, corporate financial statements and role of auditors, auditor and the audited company in India, various users and the usability of the audit report in India and auditors' liability to the third party, regulation on auditors and audit firms in India., a comparison between India the UK, the USA and Australia, research findings on the skill and competence of balance sheet auditors in India, and lastly the epilogue.