Tag: Standards on Auditing

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 …

ICSI issues four Auditing Standards on Audit Engagement; Audit Process and Documentation; Forming of Opinion and Secretarial Audit The Council of the Institute of Company Secretaries of India (ICSI) has approved the issuance of four ICSI Auditing Standards and the same were released on May 6, 2019 at …

For external confirmations as per SA 505 auditors should use Information Utility platform of National e-Governance Services Limited as per NFRA advice ANNOUNCEMENT FOR THE ATTENTION OF THE MEMBERS Using Information Available at Information Utility (IU) Platform for External Confirmations 1 Standards on Auditing (SAs) recognize the importance of …

List of  Standards on Auditing applicable for audits of FY 2017-18 and 2018-19 and onwards 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 (ICAI). Auditors …

ICAI FAQ on Revised SA 570 Going Concern Applicable for audits of financial year 2017-18 Frequently Asked Questions on SA 570 (Revised) ‘Going Concern’ (Applicable for audits of financial year 2017-18) ICAI had issued Revised SA 570-Going Concern along with other Standards, SA 700 (Revised), SA 701, SA 705 …

Revised Date for applicability of Standards on Auditing. SA 700, SA 701, SA 705, SA 706 applicable for periods beginning on or after 01/04/2018 ICAI IMPORTANT ANNOUNCEMENT Important Announcement on revised Effective Date/ Applicability of following Standards on Auditing – SA 700 (Revised), “Forming an Opinion and Reporting …