Category: Auditing
List of ICAI's Standards on Auditing (SAs), including SQCs, AROS/AAS, SREs, SAEs, SRSs, etc. issued from time to time.
NFRA has issued a ‘Financial Reporting Quality Review Report (FRQRR)’ in respect of ‘KIOCL Ltd.’ for the FY 2019-20, wherein certain ‘High Impact Non-compliances’ of the Accounting Standards have …
NFRA has issued Audit Quality Review (AQR) report of statutory audit of IL&FS Transportation Networks Limited (ITNL) for FY 2017-18, which includes significant conclusions of NFRA on lapses in …
CBDT has notified revised Tax Audit Report Forms (3CA, 3CB, 3CD) from time to time. On 20/07/2018, Form 3CD has been further revised (applicable w.e.f. 20/08/2018) expanding scope of …
ICAI has released Standard on Assurance Engagements (SAE) 3410: Assurance Engagements on Greenhouse Gas Statements. Given the link between greenhouse gas (GHG) emissions and climate change, many entities are …
ICAI has issued different Guidelines which prescribes key points/ questions for Auditor’s Consideration, like Physical Inventory Verification, Going Concern, Subsequent Events, Auditor’s Reporting, Financial Reporting & Auditing of Financial …
ICAI has released the Implementation Guide on ‘Revised SA 720: The Auditor’s Responsibilities Relating to Other Information’, comprising of FAQs on key relevant issues along with illustrative formats of …
Get clarity on the implications of SA 570 (Revised) for auditor's reports with ICAI's FAQs. Learn how to issue a reliable and informative auditor's report.
ICAI has withdrawn its Clarification dt. 29 Jan. 2019 on ‘whether Rotation Principles are Applicable for a company which ceases to fall under purview of Section 139 of the …
The ICAI has issued a ‘Guidance Note on Reports in Company Prospectuses (Revised Edition 2019)’ on the reporting requirements relating to financial information to be included in ‘prospectus/offer documents’ …