AAS to auditor/auditing
This query is : Resolved
A J Sankar
(Querist)
07 October 2008
AASs...
Are they meant for Auditors
or for Auditing.
Are they meant for Auditors
or for Auditing.
PIYUSH JAIN
(Expert)
07 October 2008
for auditing
A J Sankar
(Querist)
13 October 2008
If it is for auditng
what about AAS 31(Engagements to Compile Financial Statements ).
Because here the objective paragraph contains [para 3 -. The objective of a compilation engagement is for an accountant to use accounting expertise, as opposed to auditing expertise, to collect, classify and summarise financial information. ]
here there is no quidence regarding the auditing procedures to be performed rather about use of accountant procedures.
Is it for auditing or auditor.
Please explain
Thank you sir.
what about AAS 31(Engagements to Compile Financial Statements ).
Because here the objective paragraph contains [para 3 -. The objective of a compilation engagement is for an accountant to use accounting expertise, as opposed to auditing expertise, to collect, classify and summarise financial information. ]
here there is no quidence regarding the auditing procedures to be performed rather about use of accountant procedures.
Is it for auditing or auditor.
Please explain
Thank you sir.
A J Sankar
(Querist)
14 October 2008
If it is for auditng
what about AAS 31(Engagements to Compile Financial Statements ).
Because here the objective paragraph contains [para 3 -. The objective of a compilation engagement is for an accountant to use accounting expertise, as opposed to auditing expertise, to collect, classify and summarise financial information. ]
here there is no quidence regarding the auditing procedures to be performed rather about use of accountant procedures.
Is it for auditing or auditor.
Please explain
Thank you sir.
If it is for auditng
what about AAS 31(Engagements to Compile Financial Statements ).
Because here the objective paragraph contains [para 3 -. The objective of a compilation engagement is for an accountant to use accounting expertise, as opposed to auditing expertise, to collect, classify and summarise financial information. ]
here there is no quidence regarding the auditing procedures to be performed rather about use of accountant procedures.
Is it for auditing or auditor.
Please explain
Thank you sir.
23 October 2008
Your understanding is very right Mr AJ Sankar. These are meant for Auditor for Auditing.
A J Sankar
(Querist)
07 November 2008
But i have another view that they are for auditors(rather than for auditors for auditing)
Because while perfoming procedures under AAS 31 it not for auditor for auditing rather it is for auditor for any work(here accounting work)
Is my view correct ( AAS for auditors) whether it is for auditing or for other assignment
Because while perfoming procedures under AAS 31 it not for auditor for auditing rather it is for auditor for any work(here accounting work)
Is my view correct ( AAS for auditors) whether it is for auditing or for other assignment
Sudharshan
(Expert)
05 December 2008
ASSs are meant for auditors primary for auditing or any other assignment relating to accounting work
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