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Standards on Auditing (SA)

Chandra Kant Parmar (M.Com.) (76 Points)

06 May 2010

Hey guys plz help me up..

ICAI is coming up with new names and standards (Auditing) in every fortnight. Can anybody give me the full details of these standars till date. From SAP to AAS and now SA.. getting confused. Pls give me the details....

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Kalpesh Chauhan, (Tax Assistant (Accounting Technician CA FINAL CS PROF. PROG. B.Com)) (8310 Points)
Replied 08 May 2010

S.No.	SA	Title of Standard on Auditing	Effective Date
1	AAS-1 SA 200	Basic Principles Governing an Audit	April 1, 1985
2	AAS-2 SA 200 A	Objective and Scope of the Audit of Financial Statements	April 1, 1985
3	AAS-26 SA 210	Agreeing the Terms of Audit Engagements (Published in Journal Issue Sept., 2009)	April 1, 2010
4	AAS-17 SA 220	Quality Control for Audit Work	April 1, 1999
5	AAS-3 SA 230	Audit Documentation (Published in Journal Issue Jan., 2009 )	April 1, 2009
6	AAS-4 SA 240	The Auditor’s responsibilities Relating to Fraud in an Audit of Financial Statements ( Published in Journal Issue Dec., 2007)	April 1, 2009
7	AAS-21 SA 250	Consideration of Laws and Regulations in An Audit of Financial Statements ( Published in Journal Issue Dec., 2008)	April 1, 2009
8	AAS-27 SA 260	Communication with Those Charged with Governance ( Published in Journal Issue Dec., 2008)	April 1, 2009
9	NEW SA 265	Communicating Deficiencies in Internal Control to Those Charged with Government and Management ( Published in Journal Issue Sept., 2009)	April 1, 2010
10	AAS-12 SA 299	Responsibility of Joint Auditors	April 1, 1996
11	AAS-8 SA 300	Planning an Audit of Financial Statements ( Published in Journal Issue Dec., 2007)	April 1, 2008
12	(NEW SA instead of AAS-6 which stand withdrawn) SA 315	Identifying and Assessing the Risks of Material Misstatement through Understanding the Entity and its Environment ( Published in Journal Issue Feb., 2008)	April 1, 2008
13	AAS-13 SA 320	Materiality in Planning and Performing an Audit ( Published in Journal Issue August, 2009)	April 1, 2010
14	(NEW SA instead of AAS-6 which stand withdrawn as on date) SA 330	The Auditor’s Responses to Assessed Risks ( Published in Journal Issue Feb., 2008)	April 1, 2008
15	AAS-24 SA 402	Audit Considerations Relating to an Entity Using a Service Organization ( Published in Journal Issue August, 2009)	April 1, 2010
16	New SA 450	Evaluation of Misstatements Identified during the Audits( Published in Journal Issue August, 2009)	April 1, 2010
17	AAS-5 SA 500	Audit Evidence ( Published in Journal Issue April, 2009)	April 1, 2009
18	AAS-30 SA 505	External Confirmation	April 1, 2003
19	AAS-22 SA 510	Initial Audit Engagements-Opening Balances ( Published in Journal Issue March, 2009)	April 1, 2010
20	AAS-14 SA 520	Analytical Procedure	April 1, 1997
21	AAS-15 SA 530	Audit Sampling ( Published in Journal Issue Feb., 2009)	April 1, 2009
22	AAS-18 SA 540	Auditing Accounting Estimates, Including Fair Value Accounting Estimates, and Related Disclosures( Published in Journal Issue Feb., 2009)	April 1, 2009
23	AAS-23/ SA 550	Related Parties ( Published in Journal Issue March, 2009)	April 1, 2010
24	AAS-19 SA 560	Subsequent Events ( Published in Journal Issue Jan., 2009)	April 1, 2009
25	AAS-16 SA 570	Going Concern ( Published in Journal Issue Dec., 2008)	April 1, 2009
26	AAS-11 SA 580	Written Representations ( Published in Journal Issue Oct., 2008)	April 1, 2009
27	AAS-10 SA 600	Using the Work of Another Auditor	April 1, 2002
28	AAS-7 SA 610	Using the Work of Internal Auditors ( Published in Journal Issue August, 2009)	April 1, 2010
29	AAS-9 SA 620	Using the Work of an Expert	April1, 1991
30	AAS-28 SA 700	The Auditor’s Report on Financial Statements	April 1, 2003
31	AAS-25 SA 710	Comparatives	April 1, 2003
32	NEW SA 720	The Auditor’s Responsibility in Relation to Other Information in Documents Containing Audited Financial Statements ( Published in Journal Issue April, 2009)	April 1, 2010