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audit ipcc level

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(Querist)
22 June 2011 may i know the exact difference between SA and AAS, in audit?
Which of these are crucial for ipcc (i.e, the SA or AAS)?
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Kumar Babu.G

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Kumar Babu.G (Expert)
22 June 2011 AS means accounting standards and AAS means Audit and Assurance Standards.Both are important at IPCC level.
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Praveen Sharma

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Praveen Sharma (Expert)
22 June 2011 Both are different standards to adopt; one is for Accounts nd other one is for Audit.
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Abhishek Parulekar

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Abhishek Parulekar (Querist)
23 June 2011 i'm sorry for the typing error.
SA was wrongly typed as AS
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Praveen Sharma

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Praveen Sharma (Expert)
23 June 2011 SA stands for Standards on Auditing,

AAS Stands for Auditing & Assurance Standards.

SA replaces the AAS.
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Abhishek Parulekar

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Abhishek Parulekar (Querist)
24 June 2011 thank you praveen sir
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