close Change the way you learn with CCI Online Coaching   view more

Please Wait ..

Sign-in to your account


Username:
Password:

Remember Me

Forgot your password?

Sign-up now



Join CAclubindia.com and Share your Knowledge. Registered members get a chance to interact at Forum, Ask Query, Comment etc.


Discussion > Audit > Others >

Sa 710 & 720 by ca dhruv agrawal

    Post New Topic
Pages : 1





ca

[ Scorecard : 1069]
Posted On 17 January 2012 at 09:45 Report Abuse

http://www.youtube.com/watch?v=8vVz4z_2mmk



Total thanks : 2 times


Harshal Sheth
...

[ Scorecard : 28]
Posted On 13 March 2012 at 13:32

is there any revision in SA 710 in respect of audit report format etc.. with the applicability from 2012 onwards?? pls reply asap ..



Ex Chairman CIRC OF ICAI,Exami
ca

[ Scorecard : 1069]
Posted On 13 March 2012 at 22:38

yes, revised Auditor is required to report on both the current period financial statements and the prior period financial statements in connection with the current year’s audit.  The financial reporting framework used in preparing the financial statements is other than accounting principals generally accepted in India. However, the audit is performed in accordance with the Standards on Auditing issued by the Institute of Chartered Accountants of India.  The auditor’s report on the prior period, as previously issued, included a qualified opinion.  The matter giving rise to the modification is unresolved.  The effects or possible effects of the matter on the current period’s figures are material to both the current period financial statements and prior period financial statements and require a modification to the auditor’s opinion.


Total thanks : 1 times


Harshal Sheth
...

[ Scorecard : 28]
Posted On 14 March 2012 at 11:59

Thank you sir.

I got the overall idea about it but is there any link or something where i can get the difference between old and revised SA710 as a comparitive chart.

Looking forward for your reply.


There are 3 Replies to this message






Related Files








Related Threads


Post your reply for Sa 710 & 720 by ca dhruv agrawal



Your are not logged in . Please login to post replies

Click here to login


Not a member yet ?? Click here to signup

Message







    

  • Use thank button to convey your appreciation.
  • Maintain professionalism while posting and replying to topics.
  • Try to add value with your each post.