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Auditing Standards

Latest Articles


Ethical issues in Auditing

CA, CS, CMA : Explore the ethical issues in auditing, their consequences, and strategies for maintaining integrity. Understand how ethical stand...

July 13, 2024 795 Views 0 comment Print

Excel Guide: Setting Audit Materiality & Sampling for Auditing Standards

CA, CS, CMA : Learn how to set audit materiality, performance materiality, and determine sample sizes using Excel. Enhance audit accuracy and co...

June 11, 2024 2025 Views 0 comment Print

Demystifying ISA 580: Management Representation Letters in Auditing

CA, CS, CMA : Explore significance of ISA 580 and crucial role of Management Representation Letters in audits. Learn their purpose, reliability,...

September 13, 2023 3207 Views 0 comment Print

Coffee Day Global Limited (CDGL) – NFRA Orders & Auditing Standards

Company Law : Coffee Day Enterprises Limited (CDEL) operates in various sectors, including coffee retailing, logistics, financial services, and...

August 2, 2023 3066 Views 3 comments Print

SAS 500: Environmental Sustainability, Climate Change & wildlife conservation

CA, CS, CMA : SAS 500 is the fifth of the 16 SAS, which will become effective once posted by ICAI SRO i.e ISAI. The prime objective is to drasti...

July 4, 2023 1329 Views 0 comment Print


Latest News


Framework for Social Audit Standards – ICAI

CA, CS, CMA : Framework for Social Audit Standards defines and describes the elements and objectives of a social audit performed by social audit...

February 4, 2023 5229 Views 0 comment Print

Draft ICSI SAS- 16 promoting welfare of migrants and displaced persons

CA, CS, CMA : ICSI Social Audit Standard – 16 (ICSI SAS-16) aims to aid the Social Auditors with necessary instructions or guidelines for the ...

January 24, 2023 645 Views 0 comment Print

Draft ICSI SAS- 15 on bridging the digital divide in internet and mobile phone access, addressing issues of misinformation and data protection

CA, CS, CMA : ICSI Social Audit Standard – 15 (ICSI SAS-15) aims to aid the Social Auditors with necessary instructions or guidelines for the ...

January 24, 2023 444 Views 0 comment Print

Draft ICSI SAS- 14 on facilitating access to land and property assets for disadvantaged communities

CA, CS, CMA : ICSI Social Audit Standard – 14 (ICSI SAS-14) aims to aid the Social Auditors with necessary instructions or guidelines for the ...

January 24, 2023 444 Views 0 comment Print

Draft ICSI SAS- 13 on promotion of financial inclusion

CA, CS, CMA : ICSI Social Audit Standard – 13 (ICSI SAS-13) aims to aid the Social Auditors with necessary instructions or guidelines for the ...

January 24, 2023 756 Views 0 comment Print


Latest Notifications


NFRA Circular on Statutory Auditors’ Responsibilities in Reporting Fraud in a Company

Company Law : NFRA issued a circular highlighting statutory auditors' obligations to report fraud in accordance with Companies Act, 2013. Circu...

June 26, 2023 10398 Views 0 comment Print

No further deferment of Standard on Auditing 701 (SA 701): MCA

Company Law : Further deferral of SA 701 cannot be permitted and it remains applicable for audits of financial statements for periods beginning ...

April 12, 2019 8628 Views 0 comment Print


Draft ICSI SAS- 04 on promoting gender equality, empowerment of women and LGBTQIA+ communities

January 24, 2023 579 Views 0 comment Print

ICSI Social Audit Standard – 04 (ICSI SAS-04) aims to aid the Social Auditors with necessary instructions or guidelines for the effective Social Audit of Social Enterprises engaged in the field of promoting gender equality empowerment of women and LGBTQIA+ communities

Draft ICSI SAS- 03 on promoting education, employability and livelihoods

January 24, 2023 657 Views 0 comment Print

ICSI Social Audit Standard – 03 (ICSI SAS-03) aims to aid the Social Auditors with necessary instructions or guidelines for the effective Social Audit of Social Enterprises engaged in the field of promoting education, employability and livelihoods

Draft ICSI SAS-02 on promoting health care including mental healthcare, sanitation and making available safe drinking water

January 24, 2023 1134 Views 0 comment Print

ICSI Social Audit Standard – 02 (ICSI SAS-02) aims to aid the Social Auditors with necessary instructions or guidelines for the effective Social Audit of Social Enterprises engaged in the field of promoting health care including mental healthcare, sanitation and making available safe drinking water

Draft ICSI SAS-01 on eradicating hunger, poverty, malnutrition and inequality

January 24, 2023 918 Views 0 comment Print

ICSI Social Audit Standard – 01 (ICSI SAS-01) aims to aid the Social Auditors with necessary instructions or guidelines for the effective Social Audit of Social Enterprises engaged in the field of eradicating hunger, poverty, malnutrition and inequality

Exposure Draft of ICSI Social Audit Standards on Dated 18th January, 2023

January 24, 2023 990 Views 0 comment Print

The main object of Social Audit is to ascertain the impact made by the Social Enterprise through its activities, intervention, programs or projects implemented during the reporting period.

SAS 1600 Promoting welfare of migrants and displaced persons

January 20, 2023 447 Views 0 comment Print

SAS 1600 Promoting welfare of migrants and displaced persons relates to the thematic area of “Promoting welfare of migrants and displaced persons

SAS 1500 Bridging digital divide in internet and mobile phone access, addressing issues of misinformation & data protection

January 20, 2023 318 Views 0 comment Print

SAS 1500 Bridging the digital divide in internet and mobile phone access, addressing issues of misinformation and data protection relates to the thematic area of “Bridging the digital divide in internet and mobile phone access, addressing issues of misinformation and data protection

SAS 1400 Facilitating Access to Land and Property Assets for disadvantaged Communities

January 20, 2023 1203 Views 0 comment Print

SAS 1400 Facilitating Access to Land and Property Assets for disadvantaged Communities relates to the thematic area of Facilitating Access to Land and Property Assets for Disadvantaged Communities

SAS 1300 Promotion of financial inclusion

January 20, 2023 792 Views 0 comment Print

SAS 1300 Promotion of financial inclusion relates to the thematic area of Promotion of financial inclusion

SAS 1100 Slum area development, affordable housing and other interventions to build sustainable and resilient cities

January 20, 2023 489 Views 0 comment Print

SAS 1100 Slum area development, affordable housing and other interventions to build sustainable and resilient cities relates to the thematic area of Slum area development, affordable housing and other interventions to build sustainable and resilient cities

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