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 NFRA issues Draft Procedure for Submission of Audit Files
 Auditors barred from putting a value on companies they are auditing
 Standard on Internal Audit (SIA) 18, Related Parties
 Standard on Internal Audit (SIA) 17, Consideration of Laws and Regulations in an Internal Audit
 Standard on Internal Audit (SIA) 16, Using the Work of an Expert
 Standard on Internal Audit (SIA) 14, Internal Audit in an Information Technology Environment
 Standard on Internal Audit (SIA) 13, Enterprise Risk Management
 Standard on Internal Audit (SIA) 12, Internal Control Evaluation
 Standard on Internal Audit (SIA) 11, Consideration of Fraud in an Internal Audit
  Standard on Internal Audit (SIA) 9, Communication with Management
  Standard on Internal Audit (SIA) 8, Terms of Internal Audit Engagement

New chief of Audit bureau is Vijay Darda
September, 18th 2010

Rajya Sabha MP and chairman of Lokmat Group of Newspapers, Vijay Jawaharlal Darda, will be the new chairman of Audit Bureau of Circulation (ABC). Darda, a member of the Bureaus Council of Management since 2003, has been unanimously elected the ABC chief for the year 2010-11.

A three time Rajya Sabha MP, Darda, has earlier held the posts of president of the Indian Newspaper Society and the deputy chairman of ABC. He has also been a member of the Press Council of India twice.

Sam Balsara, chairman and managing director of Madison Communications Private Limited, an advertising agency member on the Council was unanimously elected as its deputy chairman.

The other members on the council include M. Venkatesh (Hindustan Media Ventures Ltd), Ravi Dhariwal, Bennett Coleman & Co. Ltd, and Shailesh Gupta (Jagran Prakashan Ltd).

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