Electronic Signatures In Industry

  eSignatures: Streamlining Audit Processes  In response to the novel Coronavirus outbreak, governments worldwide implemented various measures such as lockdowns, self-quarantine, travel restrictions, and social distancing protocols to prevent the virus from spreading further. These measures significantly impacted businesses worldwide, and it was no different for accounting professionals. However, while these precautions were essential, they presented auditors with difficulties accessing client premises to gather the necessary audit evidence, which is crucial for conducting audits effectively. Can CAs use electronic signatures? In order to support chartered accountants in conducting high-quality audits while ensuring compliance with auditing standards, the Institute of Chartered Accountants of India (ICAI) implemented several measures to facilitate their seamless performance of duties and responsibilities. The primary pursuit of an audit is to provide an unbiased assessment of ...