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 : Explore the significance of SA 570 in financial audits, focusing on the going concern basis, auditor responsibilities, risk assess...
CA, CS, CMA : Explore the importance, structure, and compliance of Standards on Auditing (SAs) to ensure the highest quality and integrity in fi...
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...
CA, CS, CMA : ICAI’s revised SA 805-Special Considerations – Audits of Single Financial Statements and Specific Elements, Accounts o...
CA, CS, CMA : Revised SA-800 from ICAI: Learn about special considerations for audits of financial statements prepared with special purpose fram...
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...
Company Law : Auditor not complied with the principles and procedures laid down in the SAs, had not maintained proper audit documentation and di...
Draft SA 315 (Revised), Identifying & Assessing Risks of Material Misstatement deals with the overall objectives of the auditor in conducting an audit of the financial statements, including to obtain sufficient appropriate audit evidence to reduce audit risk to an acceptably low level. Audit risk is a function of the risks of material misstatement and detection risk. SA 200 explains that the risks of material misstatement may exist at two levels: the overall financial statement level; and the assertion level for classes of transactions, account balances and disclosures.
Draft SA 250 (Revised), Consideration of Laws & Regulations in an Audit of Financial Statements deals with the auditor’s responsibility to consider laws and regulations in an audit of financial statements. This SA does not apply to other assurance engagements in which the auditor is specifically engaged to test and report separately on compliance with specific laws or regulations.
Draft SA 220 (Revised), Quality Management for an Audit of Financial Statements deals with the specific responsibilities of the auditor regarding quality management at the engagement level for an audit of financial statements, and the related responsibilities of the engagement partner. This SA is to be read in conjunction with relevant ethical requirements. (Ref: Para. A1, A38)
Explore SAS 600, which focuses on the preservation and advancement of traditional arts, crafts, historical buildings, and artworks. Learn about the social audit process, data collection, key metrics, and evaluation criteria involved in assessing the social impact of cultural heritage initiatives.
Explore SAS 400, a significant guideline posted by ICAI, focusing on eliminating discrimination, violence, and harmful practices against women, girls, and LGBTQIA+ communities. Understand the social audit process, data collection, evaluation criteria, and key metrics for assessing gender equality and empowerment.
Explore the important initial audit engagement step of agreeing to the terms of the audit engagement as outlined in SA 210. Learn about preconditions, roles, responsibilities, and the significance of the Letter of Engagement (LOE).
Explore a quick reference for Standards on Auditing (SA) 500 – Audit Evidence. Learn about the scope, objectives, and key considerations, ensuring sufficient and appropriate audit evidence for a reliable opinion.
Standards on Auditing- SA 570 Going Concern deals with the auditor’s responsibilities in the audit of Financial statements relating to going concern and the implications on the auditor’s report.
Quick reference guide for SA 710 Comparative Information, Corresponding Figures & Comparative Financial Statements. Learn about scope, objectives, definitions, audit procedures, and reporting requirements. Essential insights for auditors and financial professionals.
SA 200 establishes the independent auditor’s overall responsibilities and explains the nature and scope of an audit when conducting an audit of Financial statements in accordance with SA’s.
