Accounting standards notified by central government

Central Government get's it's own ideas.

Hi Anil,
Here I am telling you why auditor is required to comply with AS issued by ICAI.
Actually as per Sec 133 of Companies Act, 2013 Companies are required to prepare the financials as per AS prescribed by CG but CG has not yet prescribed its own standards for accounting, so by notification, CG directed to comply with AS issued by ICAI to ultimately comply with provisions of companies act, 2013.
and for auditor, SA 200 says to conduct audit as per applicable FRF. FRF not specifically defined anywhere but it consists to comply with applicable provisions of Companies Act 2013. so in resulting, auditor is ultimately required to comply with AS issued by ICAI.