The ICAI has issued Exposure Draft of ‘Standard on Auditing for Audits of Smaller and Less Complex Entities (SASE) 200’ relating to “Overall Objectives of the Independent Auditor and the Conduct of an Audit” for comments/ suggestions, latest by 17 Jan. 2018, as under:
ICAI Announcement dt. 3 Dec. 2018
The comments may be sent via post to: The Secretary, Auditing and Assurance Standards Board, The Institute of Chartered Accountants of India, ICAI Bhawan, A-29, Sector-62, NOIDA, Uttar Pradesh – 201 309 or thru email at: firstname.lastname@example.org
It may be noted that the Auditing and Assurance Standards Board (AASB) of ICAI has decided to issue separate set of standards for audits of smaller and less complex entities. The concern behind this as discussed was ...