Swapnil (Student) (183 Points)
08 January 2014Dear CCI members.....am a CPT student and having science background, i heard many of my seniors are using the terms AAS and SA's frequently...... Plz tell me the difference between AAS and SA's? Is Auditing and Assurance Standards and Standard on Auditing terms are same or they are 2 different terms. Plz let me Clear what is AAS and what is Standards on Auditing........?
Subhash
(None)
(122 Points)
Replied 09 January 2014
Ankit
(Student)
(661 Points)
Replied 09 January 2014
vipin
(student)
(36 Points)
Replied 09 January 2014
ravitheja
(CA Final)
(77 Points)
Replied 09 January 2014
Earlier AAS (Auditing and Assurance Standards) were prevalent and these were converged with international audit standards and subsequently they are known as SA (Standards on Auditing).
From the exam point of view SA (Standards on Auditing) are applicable.
CAclubindia
