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Consultation Paper on Remote Broker-Dealers in IFSC

November 26, 2023 861 Views 0 comment Print

IFSCA’s consultation paper seeking public views on introducing Remote Broker-Dealers in IFSC. Explore background, policy measures and proposed regulations for foreign participation.

Draft SA 701 Communicating Key Audit Matters in Independent Auditor’s Report

November 25, 2023 1125 Views 0 comment Print

Explore the significance of Auditing Standard 701 and the communication of key audit matters in the auditor’s report. Learn its objectives, requirements, and implications for financial statement audits

Exposure Draft of Standard on Auditing 620 Using Work of Auditor’s Expert

November 25, 2023 597 Views 0 comment Print

Explore the auditor’s responsibilities using an expert’s work in fields beyond accounting. Learn the requirements, objectives, and effective date of SA 620

Exposure Draft of Standard on Auditing 600 Using Work of Another Auditor

November 25, 2023 891 Views 0 comment Print

Explore Standard on Auditing 600, addressing the use of another auditor’s work. Learn the procedures, co-ordination, and reporting considerations for effective audit collaboration

Exposure Draft Standard on Auditing 560 Subsequent Events

November 25, 2023 1611 Views 0 comment Print

Introduction Scope of this SA 1. This Standard on Auditing (SA) deals with the auditor’s responsibilities relating to subsequent events in an audit of financial statements. It does not deal with matters relating to the auditor’s responsibilities for other information obtained after the date of the auditor’s report, which are addressed in SA 720(Revised).1 However, […]

Exposure Draft Standard on Auditing 505 External Confirmations

November 25, 2023 1098 Views 0 comment Print

Explore the nuances of SA 505 External Confirmations for robust audit evidence. Understand procedures, reliability factors, and implications. Stay audit-ready

Draft SA 402 Audit Considerations Relating to an Entity Using a Service Organisation

November 25, 2023 4587 Views 0 comment Print

Explore SA 402 s role in user auditors obtaining audit evidence when entities use service organisations. Learn risk assessment, tests of controls, and reporting

Exposure Draft of SA 320: Materiality in Planning & Performing an Audit

November 25, 2023 2103 Views 0 comment Print

Explore the significance of materiality in auditing with SA 320. Understand its application in risk assessment, performance, and revision during audit progress

Draft SA 265 Communicating Deficiencies in Internal Control to Those Charged with Governance & Management

November 25, 2023 1506 Views 0 comment Print

Explore SA 265, guiding auditors on communication of internal control deficiencies. Learn about the requirements, objectives, and application for effective audit practices

Draft SA 250 Consideration of Laws & Regulations in Audit of Financial Statements

November 25, 2023 471 Views 0 comment Print

Explore the auditors role in ensuring compliance with laws and regulations in financial audits. Learn about responsibilities, procedures, and reporting for effective risk management

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