Audit Report

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The Council of ICAI at its 364th meeting held in March 2017 (in partial modification of decision taken by it at its 350th meeting held in February 2016), has decided that the effective date/applicability of four Standards viz. SA 700 (Revised), SA 705 (Revised), SA 706 (Revised) and SA 701 be deferred by one year…

Read More New format of Auditor’s Report on Standalone Financial Statements of a Listed Entity

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New Format of Auditor’s Report Under SA 700 Effective For Audit of Financial Statements For Period Beginning On Or After April 1, 2018 The Council of ICAI at its 364th meeting held in March 2017 (in partial modification of decision taken by it at its 350th meeting held in February 2016), has decided that the…

Read More New Format of Auditor’s Report Under SA 700 WEF April 1, 2018