Quick Summary
Auditing and Assurance Standards Board The Institute of Chartered Accountants of India 11th July, 2023 Exposure Drafts of SQM 1, SQM 2, SA 220(Revised), SA 250(Revised), SA 315(Revised), SA 540(Revised), SRS 4400(Revised) The Auditing and Assurance Standards Board (AASB) of ICAI has issued the Exposure Drafts of following Engagement and Quality Control Standards for public comments: S. No. Particulars Link for download 1 SQM 1, Quality Man
Daily Limit Reached
You have reached your daily limit of 2 Free News
Subscribe to CCI PRO for unlimited access
Why Upgrade to CCI PRO?
- No Ads
- WhatsApp Community
- Daily E-Newsletter
- Unlimited News Access
- Profile Visitors
- Link Social Profiles
- Featured Job Posts
- Pro Badge
- Expert GST Guidance
- Unlimited Forum Replies
- Download Content in PDF
1 Year PLAN
1999
(Excl. of GST ₹359)
BEST VALUE
2 Years PLAN
3499
(Excl. of GST ₹629)
3 Months PLAN
999
(Excl. of GST ₹179)
View all CCI PRO benfits
Already a PRO member? Login here for an ad-free experience.
FAQ :
The Auditing and Assurance Standards Board (AASB) of the ICAI has released Exposure Drafts of several Engagement and Quality Control Standards for public comments.
The Exposure Drafts cover SQM 1 (Quality Management for Firms), SQM 2 (Engagement Quality Reviews), revised SA 220 (Quality Management for an Audit), SA 250 (Consideration of Laws and Regulations), SA 315 (Identifying and Assessing Risks), SA 540 (Auditing Accounting Estimates), and revised SRS 4400 (Agreed-Upon Procedures Engagements).
Yes, there are also conforming amendments to other standards arising from the revisions to SQM 1, SQM 2, SA 220, SA 250, SA 315, and SA 540.
Comments are invited from various stakeholders, including professionals and the public.
The last date for submitting comments on these exposure drafts is 25th August 2023.
Comments can be submitted via email to aasb@icai.in or by post to the Secretary, Auditing and Assurance Standards Board, ICAI Bhawan, Post Box No. 7100, Indraprastha Marg, New Delhi- 110002.
CAclubindia
