Tag: icai implementation guide
ICAI revised Implementation Guide on reporting Audit Trail ICAI has issued an Implementation Guide on reporting Audit Trail under Rule 11(g) of the Companies (Audit & Auditors) Rules 2014 Revised Edition 2024 The Ministry of Corporate Affairs vide notification dated March 24, 2021 issued the Companies (Audit and …
ICAI has issued an Implementation Guide to Standard on Auditing (SA) 580 – Written Representations. The Implementation Guide provide practical guidance on implementation of the Standard on Auditing (SA) 580 “Written Representations”. The Standard is effective for audits of financial statements for periods beginning on or after April …
ICAI revised 2022 edition of Implementation Guide and FAQ to SA 230- Audit Documentation The Auditing and Assurance Standards Board of ICAI has issued revised 2022 edition of Implementation Guide to Standard on Auditing (SA) 230 Audit Documentation. brought out the revised edition of the Implementation Guide to …
ICAI Technical Guide on Accounting for Expenditure on CSR Activities ICAI has released the Technical Guide on Accounting for Expenditure on Corporate Social Responsibility Activities on 1st July, 2020. This Technical Guide provides guidance on accounting for expenditure on CSR activities in accordance with the requirements of the …
Judicial Pronouncements under IBC 2016 – 3rd Series by ICAI. The latest judgment incorporated in the publication is dated 03.12.2019. ICAI has released its third series of Judicial Pronouncements under IBC 2016. The Series 1 and Series 2 of the publication were earlier published. The latest judgment incorporated …
Announcement on Applicability of “Implementation Guide on Resignation/ Withdrawal from an Engagement to Perform Audit of Financial Statements” to Statutory Auditors of Listed Entities and their Material Subsidiaries ICAI Announcement 1 The Auditing and Assurance Standards Board of ICAI issued “Implementation Guide on Resignation/ Withdrawal from an Engagement …
ICAI Implementation Guide to Standard on Auditing (SA) 570 (Revised) Going Concern The first edition of the “Implementation Guide to SA 570, Going Concern” was brought out by Auditing and Assurance Standards Board of ICAI in the year 2013. On account of revision of SA 570, there was …
ICAI Implementation Guide on Standard on Auditing (SA) 720 (Revised) with FAQs Standard on Auditing (SA) 720 (Revised), “the Auditor’s Responsibilities Relating to Other Information” was issued by the ICAI in 2018. The SA 720 was made applicable for audits of financial statements for financial year 2018-19 and …
ICAI Implementation Guide on Resignation / Withdrawal from an Engagement to Perform Audit of Financial Statements The ASB of the Institute of Chartered Accountants of India has released an “Implementation Guide on Resignation/Withdrawal from an Engagement to Perform Audit of Financial Statements”. The said Implementation Guide is applicable in …
ICAI Implementation Guide to Standard on Auditing (SA) 610 (Revised) Using the Work of Internal Auditors Under the provisions of the Companies Act 2013, it is mandatory for auditors of companies to comply with the Standards on Auditing (SAs) issued by the Institutes of Chartered Accountants of India …