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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 1026 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 4713 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 4248 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 3468 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 1386 Views 0 comment Print


Latest News


NFRA Recommends Auditing Standards for LLPs

Corporate Law : NFRA recommends 40 Auditing Standards for LLPs under the LLP (Amendment) Act 2021, effective from April 2026, for approval by the ...

November 26, 2024 3897 Views 0 comment Print

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 5685 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 687 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 483 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 477 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 10896 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 8712 Views 0 comment Print


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

January 20, 2023 534 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

SAS 1000 Promoting Livelihoods for rural and urban poor including enhancing income of Small and Marginal Farmers and workers in the non-farm sector

January 20, 2023 774 Views 0 comment Print

SAS 1000 Promoting Livelihoods for rural and urban poor including enhancing income of Small and Marginal Farmers and workers in the non-farm sector relates to the thematic area of Promoting Livelihoods for rural and urban poor including enhancing income of Small and Marginal Farmers and workers in the non-farm sector

SAS 900 Supporting other platforms that strengthen non-profit ecosystem in fundraising & capacity building

January 20, 2023 468 Views 0 comment Print

SAS 900 Supporting other platforms that strengthen the non-profit ecosystem in fundraising and capacity building relates to the thematic area of Supporting other platforms that strengthen the non-profit ecosystem in fundraising and capacity building

SAS 700 Training to promote rural sports, nationally recognised sports, Paralympic sports and Olympic sports

January 20, 2023 1290 Views 0 comment Print

SAS 700 Training to promote rural sports, nationally recognised sports, Paralympic sports and Olympic sports relates to the thematic area of Training to promote rural sports, nationally recognised sports, Paralympic sports and Olympic sports

SAS 600 Protection of national heritage, art and culture

January 20, 2023 450 Views 0 comment Print

SAS 600 Protection of national heritage, art and culture relates to the thematic area of Protection of national heritage, art and culture

SAS 500 Ensuring environmental sustainability, addressing climate change including mitigation and adaptation, forest and wildlife conservation

January 20, 2023 747 Views 0 comment Print

SAS 500 Ensuring environmental sustainability, addressing climate change including mitigation and adaptation, forest and wildlife conservation relates to the thematic area of Ensuring environmental sustainability, addressing climate change including mitigation and adaptation, forest and wildlife conservation

SAS 400 Promoting Gender Equality, Empowerment of Women & LGBTQIA + Communities

January 20, 2023 696 Views 0 comment Print

Social Audit Standard (SAS) 400 – Promoting Gender Equality, Empowerment of Women and LGBTQIA+ communities aims to provide the Social Auditor with the necessary guidance in relation to independent impact assessment engagement of Social Enterprises engaged in Promoting gender equality, empowerment of women and LGBTQIA+ communities and the audit steps and procedures that should be applied while conducting the social impact assessment.

SAS 300 Promoting Education, Employability, and Livelihoods

January 20, 2023 768 Views 0 comment Print

SAS 300 Promoting Education, Employability, and Livelihoods relates to the thematic area of ‘Promoting Education, Employability, and Livelihoods

SAS 200 Promoting health care including mental healthcare, sanitation and making available safe drinking water

January 20, 2023 762 Views 0 comment Print

Social Audit Standard (SAS) 200 Promoting health care including mental healthcare, sanitation and making available safe drinking water relates to the thematic area of Promoting health care including mental healthcare, sanitation and making available safe drinking water.

SAS 100 Eradicating hunger, poverty, malnutrition and inequality

January 20, 2023 1437 Views 0 comment Print

Social Audit Standard (SAS) 100 Eradicating hunger, poverty, malnutrition and inequality relates to thematic area of eradicating hunger, poverty, malnutrition and inequality.

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