CA, CS, CMA : SA 240 addresses misstatements in financial statements arising from fraud or error. Fraud involves intentional acts of deception b...
CA, CS, CMA : Understand the guidelines for statutory auditors using internal audit work under SA 610, covering responsibilities, coordination, ...
CA, CS, CMA : Ensure your audit documentation aligns with SA 230 principles, laws, and overall audit objectives. Learn the essentials of proper ...
CA, CS, CMA : SA 320 states that misstatements, including omissions, are considered to be material if they, individually or in the aggregate cou...
CA, CS, CMA : Learn about SA 706 (Revised) and its guidelines on Emphasis of Matter and Other Matter paragraphs in auditor reports, enhancing cl...
CA, CS, CMA : ICAI raises concerns about SA 600 vs. ISA 600 revision process, urges pause for stakeholder review to ensure public interest and p...
CA, CS, CMA : CCI introduces General Regulations 2024, revising the 2009 rules. Key changes address stakeholder concerns on applications, submis...
CA, CS, CMA : ICAIs Auditing and Assurance Standards Board releases an Exposure Draft for audits of less complex entities. Comments invited unti...
CA, CS, CMA : Stay updated with the latest revisions in auditing standards by ICAI. Download SA 800, SA 805, SA 810 for audits starting April 20...
CA, CS, CMA : Auditors must have understanding of standards for reporting on ICAI's revised summary financial statements. Get informed on new re...
Company Law : NFRA penalizes CA Santosh Deshmukh ₹5L & 1-year debarment for audit lapses in Sanwaria Consumer Ltd's FY 2017-18 audit. Key audi...
Company Law : NFRA imposes penalty of Two Lakhs on CA Hemant Khator Swami who was Engagement Partner for the statutory audit of Women Next Lou...
Company Law : NFRA imposes penalty of Two Lakhs on CA Narayan Prasad Swami who was Engagement Partner for the statutory audit of Women Next Lo...
Company Law : NFRA’s investigations inter alia revealed that the TDL’s Auditors for the FY 2018-19, had failed to meet the relevant ...
Company Law : NFRA’s investigations revealed that the appointment of none of the 33 branch auditors was approved at the Annual General Mee...
Explore the types of modified opinions, circumstances requiring modifications, and the impact on the auditor’s report as per Standard on Auditing 705
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
Explore the key aspects of SA 700 (Revised) for auditors, covering forming opinions on financial statements, reporting requirements, and global consistency. Learn the effective date and objectives
Explore the auditor’s responsibilities using an expert’s work in fields beyond accounting. Learn the requirements, objectives, and effective date of SA 620
Explore the scope and responsibilities of Standard on Auditing 610, covering the use of internal audit functions by external auditors. Learn the relationship with SA 315 and key considerations
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
Explore the significance of Written Representations in audits with a detailed analysis of Standard on Auditing 580. Learn its scope, objectives, and implications
Explore the details of Standard on Auditing 570 (SA 570) regarding going concern in financial statements. Learn the auditor’s responsibilities, risk assessment, and implications for the auditor’s report
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, […]
Explore the nuances of Standard on Auditing 550, delving into auditor responsibilities, risk assessment, and responses for transparent financial reporting
