Readers may note that this Guidance Note supercedes the Guidance Note on Audit Reports and Certificates for Special Purposes, issued by the ICAI in 1984.
Members of the Institute of Chartered Accountants of India (ICAI) are often called upon to issue reports/certificates for special purposes e.g. reports/ certificates required under the tax laws, Government welfare schemes like MGNREGA. Sometimes, these special purpose reports/certificates are also required from the members by the management of the entities for their own purposes. The Auditing and Assurance Standards Board of the ICAI, in 1984, had issued the Guidance Note on Audit Reports and Certificates for Special Purposes to provide guidance to the members carrying out engagements to issue reports/certificates for special purposes.
Auditing and Assurance Standards Board has brought out this thoroughly revised edition of the Guidance Note on Audit Reports and Certificates for Special Purposes for the benefit of the members. The revised Guidance Note was initially developed by an expert group constituted by the Board for this purpose and thereafter it was finalised with the contribution of the Board members and the members of the Council of ICAI. Guidance Note is a comprehensive and self-contained reference document for the members.
Link to Download Guidance Note on Reports & Special Purpose Certificates