ICAI forms an Expert Panel for addressing queries related to Statutory Audit pertaining to Auditing Aspects



Quick Summary
The Institute of Chartered Accountants of India (ICAI) has established an Expert Panel to assist its members with queries related to statutory audits. This initiative aims to enhance audit quality amidst a complex and evolving business landscape. The panel will provide technical support for auditing aspects and will accept queries via email until 30th September 2022.

The Institute of Chartered Accountants of India (ICAI) being the worlds second largest accounting body and regulator of accountancy profession in India has always partnered in Nation Building and provided service to Indian economy in public interest. With the rapidly evolving business environment
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FAQ :

The panel has been formed to provide technical support to ICAI members regarding their queries and concerns on auditing aspects of statutory audits, with the objective of enhancing audit quality.

Members of the Institute of Chartered Accountants of India (ICAI) in practice can send their queries to the Expert Panel.

Queries can be sent to the Expert Panel from 16th April 2022 until 30th September 2022.

Queries should be sent via email to auditfaq@icai.in.

No, the views expressed by the experts are their personal views and not necessarily those of the Auditing and Assurance Standards Board (AASB) or the ICAI.

Members should be brief but provide full information and facts, avoid mentioning client names to maintain confidentiality, and draft their own reports using their own judgment.




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Finance news reporter covering taxation, GST, income tax, business compliance, and economy updates. I simplify complex financial topics into easy-to-understand articles for professionals, taxpayers, and business owners on leading finance and tax platforms.

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