Auditing and Assurance explains the concepts, principles and techniques of auditing with a detailed presentation of their applications in real-life situations. With its simple and lucid language, this student-friendly and syllabi-oriented book covers recent development in the legal and regulatory framework governing the auditing work in India. Captures recent developments:. Comprehensive discussion of the Companies Act, 2015, affecting the auditing practices. Full coverage of the newly introduced CARO 2015 for the latest provisions governing the audit practices. Emphasis on the modern techniques of auditing while retaining the basic concepts and principles. Revised and updated case decisions and worked-out examples Student-friendly features. Concise and complete coverage of topics, with chapters divided into various sections and sub-sections to help find relevant matter easily. Rich chapter-end features. Case studies which requires utilizing the learning from the chapter to assess and resolve the situation. 'Points to Ponder' for quick revision. Exercises with questions as expected in exams .