SRM Institute of Science and Technology Ramapuram

Title of the Event: GUEST LECTURE FOR FIRST YEAR STUDENTS “MODERN AUDITING: TOOLS, TECHNIQUES AND TACTICS”

Date: 24.09.2025

Time: 9.30 A.M to 11.00 A.M

Venue: East Block Room No: 112

Total Attendees: 25

Name of the Guest: CA. R. Parasuraman

PROFILE OF THE SPEAKER CA. R. Parasuraman R Parasuraman & Associates Chartered Accountants, Chennai – 48

Event Mode: Offline

In charges: Convenors 1. Dr. S. Sakthi, Assistant Professor 2. Dr. V. Monisha, Assistant Professor

Objective of the Event

“The primary objective is to provide students with a clear view with a comprehensive understanding of the evolving landscape of auditing in the digital era. With businesses adopting advanced technologies and facing increasing compliance requirements, the field of auditing has transformed significantly. This program aims to highlight the latest tools, innovative techniques, and practical tactics that auditors can employ to enhance accuracy, efficiency, and transparency in their work.”

SUMMARY OF THE EVENT

The Department of Commerce, Faculty of Liberal Arts and Business Studies, SRM Institute of Science and Technology, Ramapuram, organized a Guest Lecture on “Modern Auditing: Tools, Techniques and Tactics” on 24th September 2025 at the East Block Room No: 112. The session was conducted from 9:30 AM to 11:00 AM.

The distinguished speaker was CA. R. Parasuraman, Chartered Accountant, R Parasuraman and Associates, Chennai, who shared his professional expertise and practical insights on the evolving landscape of auditing.

The primary objective of the session was to expose students to modern approaches in auditing by focusing on tools, technology integration, compliance mechanisms, and advanced techniques that ensure accuracy, efficiency, and transparency in financial reporting. The lecture aligned with the department’s vision to impart knowledge that connects academic concepts with contemporary professional practices.

Parasuraman emphasized how data analytics, digital tools, forensic auditing, and risk-based audit approaches are transforming traditional auditing methods. He also explained the importance of auditing in corporate governance, fraud detection, sustainability reporting, and compliance with global standards. Real-world case illustrations highlighted how auditors must adapt to rapid technological and regulatory changes.

The session was highly interactive, with students engaging in discussions and raising queries on practical challenges faced in the auditing profession. Activities such as scenario-based problem solving and question-answer exchanges helped the learners develop critical thinking and analytical perspectives.

This event not only strengthened students’ academic knowledge but also provided professional exposure, preparing them for the dynamic challenges of the corporate world. The session directly connected to Sustainable Development Goals (SDGs) such as SDG 8 (Decent Work and Economic Growth), SDG 9 (Industry, Innovation and Infrastructure), SDG 16 (Peace, Justice and Strong Institutions), and SDG 17 (Partnerships for the Goals) by stressing accountability, innovation, ethical practices, and strong institutional frameworks in auditing.

Overall, the lecture proved to be an enriching learning experience, bridging the gap between theory and practice. Students left with greater clarity, confidence, and motivation to approach auditing with a forward-looking and professional mindset.