Follow Us :

An auditing standard is a form of the current best practices applicable in an audit engagement, which sets a minimum level of technical proficiency in order to ensure that the work done is of high quality and at the same time providing high level of assurance to the stakeholders. Therefore, it is essential that auditors properly understand and implement Standards on Auditing while carrying out their audit engagements to ensure due audit quality expected from the profession.

In view of the above, the Implementation Guides to Standards on Auditing are an important resource provided by the Institute to enable auditors to appropriately understand the requirements and help them to implement these Standards in an appropriate manner to meet the requirements of Standards. The Implementation Guides also provide solutions to practical problems being faced by auditors in implementing Standards on Auditing in their audit engagements.

I am happy that the Auditing and Assurance Standards Board of ICAI has been issuing Implementation Guides to various Standards on Auditing for the benefit of auditors. This Implementation Guide to Standard on Auditing (SA) 210, “Agreeing the Terms of Audit Engagements” is one such Guide. The Implementation Guide has been written in simple and easy to understand language in Question-Answer format containing frequently asked questions (FAQs) on SA 210 and their responses.

I wish to compliment CA. G. Sekar, Chairman, CA. Shriniwas Y. Joshi, Vice Chairman and other members of the Board for bringing out this Implementation Guide for the benefit of the members.

I am sure that the members and other interested readers would find this Implementation Guide immensely useful.

December 29, 2021

New Delhi

CA. Nihar N. Jambusaria

President, ICAI

Download Implementation Guide to Standard on Auditing (SA) 210, Agreeing the Terms of Audit Engagements

Join Taxguru’s Network for Latest updates on Income Tax, GST, Company Law, Corporate Laws and other related subjects.

Leave a Comment

Your email address will not be published. Required fields are marked *

Search Post by Date
May 2024