Format audit report 2018

I think the New audit report format as per Revised SA 705 is applicable for audit periods beginning on or after 1st April 2018 and hence Old audit report format is applicable for FY 2017-18 except the cahnge that the disclosure requirement for SBN* is not required.

* SBN Disclosure was applicable only for FY 2016-17.

Kindly confirm. And provide format for audit report for small Pvt co. for 2017-2018

With Regards

Amit