Quick Summary
Auditing and Assurance Standards Board The Institute of Chartered Accountants of India 4th, August 2022 ANNOUNCEMENT Withdrawal of the Guide to Reporting on Proforma Financial Statements (Pursuant to the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2009) I. In October
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 Broadcasts
- Daily E-Newsletter
- Unlimited News Access
BEST VALUE
2 YEAR PLAN
3,499
(Inclusive of GST)
1 YEAR PLAN
1,999
(Inclusive of GST)
Buy CCI PRO Now
Already a PRO member? Login here for an ad-free experience.
FAQ :
The guide has been withdrawn because it was based on the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2009, which are no longer in effect. These regulations have been replaced by the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018.
The guide was withdrawn with effect from the date of the announcement being hosted on the ICAI's website.
The SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2009, were replaced by the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018.
Yes, the ICAI's Auditing and Assurance Standards Board considers that Standard on Assurance Engagements (SAE) 3420, 'Assurance Engagements to Report on the Compilation of Pro Forma Financial Information Included in a Prospectus', provides sufficient guidance.
The 'Guide to Reporting on Proforma Financial Statements' was originally issued by the Auditing and Assurance Standards Board of the ICAI in October 2012.
CAclubindia
