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 1, 2009.
Written representations are audit evidence that the auditor requires in connection with the audit of the entity’s financial statements
The Standard deals with the auditor’s responsibility to obtain written representations from management to support other audit evidence and to respond to written representations.
The Implementation Guide contains Introduction and Overview, Implementation Guidance, Illustrative Checklist and Appendices. Chapter 2 of the Implementation Guide contains detailed guidance on various aspects of SA 580 in a Question-Answer format. The Implementation Guide will enable auditors to comply with requirements of SA 580 effectively.
Download ICAI Implementation Guide to SA 580 Click Here >>
- Non-deduction of TDS does not make transaction as unexplained in the hands of deductee – ITAT
- Last date to submit MEF 2026-27 extended to 09.09.2026
- Validity of demand u/s 156 for default u/s 115-O, if assessment order u/s 143(3) has Nil demand
- Issue already examined and adjudicated by CIT(Appeals), can’t be reopened on same set of facts
- TDS can’t be denied for non deposit of tax deducted by the deductor – High Court
 580 – Written Representations){kind=link}