Multiple Choice Questions on Engagement and Quality Control Standards-Publication by ICAI
Engagement and Quality Control Standards are to be followed by Chartered Accountants in auditing, review, assurance and related engagements.
The ICAI has released a publication titled as “Multiple Choice Questions (MCQs) on Engagement and Quality Control Standards”
The publication released by ICAI consists around 1200 MCQs on each of the 46 Engagement and Quality Control Standards issued till 1st July 2020.
Download Publication Click Here >>
- Distinction between religious & charitable purposes is determined by institution’s primary or dominant object
- Fit case to issue notice u/s 148 – Relevancy of material & application of mind to objections important
- AO is under an obligation to assign reasons for rejecting explanation of the assessee
- CBIC issues SoP for clearance of imported goods through Foreign Post Offices
- Sale deed executed with full knowledge of only part consideration paid, not void – SC
