Standard on Audit

Standard on Audit ~ main points ~ Overall Objectives Of The Independent Auditor
Agreeing The Terms Of Audit Engagements, Quality Control For An Audit Of Financial Statements
Audit Documentation, The Auditor’s Responsibilities Relating To Fraud In An Audit Of Financial Statements, Consideration Of Laws And Regulations In An Audit Of Financial Statements
Communication With Those Charged With Governance,Communicating Deficiencies In Internal Control To Those Charged With Governance And Management, Responsibility Of Joint Auditors,
Planning An Audit Of Financial Statements, Identifying And Assessing The Risk Of Material, Misstatement Through Understanding The Entity And Its  Environment, Materiality In Planning And Performing An Audit, The Auditor’s Responses To Assessed Risks,Audit Considerations Relating To An Entity Using A Service Organization, Evaluation Of Misstatements Identified During The Audit
Audit Evidence etc…


S. No. SA No. Name Of Standard on Audit
1 200 Overall Objectives Of The Independent Auditor
2 210 Agreeing The Terms Of Audit Engagements
3 220 Quality Control For An Audit Of Financial Statements
4 230 Audit Documentation
5 240 The Auditor’s Responsibilities Relating To Fraud In An Audit Of Financial Statements
6 250 Consideration Of Laws And Regulations In An Audit Of Financial Statements
7 260 Communication With Those Charged With Governance
8 265 Communicating Deficiencies In Internal Control To Those Charged With Governance And Management
9 299 Responsibility Of Joint Auditors
10 300 Planning An Audit Of Financial Statements
11 315 Identifying And Assessing The Risk Of Material Misstatement Through Understanding The Entity And Its Environment
12 320 Materiality In Planning And Performing An Audit
13 330 The Auditor’s Responses To Assessed Risks
14 402 Audit Considerations Relating To An Entity Using A Service Organization.
15 450 Evaluation Of Misstatements Identified During The Audit
16 500 Audit Evidence
17 501 Audit Evidence—Specific Considerations For Selected Items
18 505 External Confirmations
19 510 Initial Audit Engagements—Opening Balances
20 520 Analytical Procedures
21 530 Audit Sampling
22 540 Auditing Accounting Estimates, Including Fair Value Accounting Estimates, And Related Disclosures
23 550 Related Parties
24 560 Subsequent Events
25 570 Going Concern
26 580 Written Representations
27 600 Using The Work Of Another Auditor
28 610 Using The work Of Internal Auditors
29 620 Using The work Of An Auditor’s Expert
30 700 Forming An Opinion And Reporting On Financial Statements
31 705 Modifications To The Opinion In The Independent Auditor’s Report
32 706 Emphasis Of Matter Paragraphs And Other Matter Paragraphs In The Independent Auditor’s Report
33 710 Comparative Information—Corresponding Figures And Comparative Financial Statements
34 720 The Auditor’s Responsibility In Relation To Other Information In Documents Containing Audited Financial Statements
35 800 Special Considerations—Audits Of Financial Statements Prepared In Accordance With Special Purpose Frameworks
36 805 Special Considerations—Audits Of Single Financial Statements And Specific Elements
37 810 Engagements To Report On Summary Financial Statements


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