Thursday, 2 February 2017

List of Auditing Standards


The Standards are issued by the Auditing and Assurance Standards Board (AASB) under the authority of the ICAI which are collectively known as Engagement Standards. They are:- 

·       Standards on Auditing (SAs)  - applied in the audit of historical financial information.
·       Standards on Review Engagements (SREs)  - applied in the review of historical financial information.
·       Standards on Assurance Engagements (SAEs)  - applied in assurance engagements, dealing with subject matters other than historical financial information. 


·       Standards on Related Services (SRSs)  - applied to engagements involving application of agreed-upon procedures to information, compilation engagements, and other related services engagements.

LIST OF STANDARDS ON AUDITING ISSUED BY AASB

SA No.
Title
Full Standard
Abridged 
(notes type)
SA 200
Objectives & General Principles governing an Audit
SA  210
Terms of Audit Engagements
SA 220
Quality Control for Audits of Historical Financial Information
Click Here
SA 230
Audit Documentation
Click Here
SA 240
The Auditor’s Responsibility to Consider Fraud and Error in an Audit of Financial Statements
Click Here
SA 250
Consideration of Laws and Regulations in an Audit of Financial Statements
Click Here
SA 260
Communications of Audit Matters with Those Charged with Governance
Click Here
SA 300
Planning an Audit of Financial Statements
Click Here
SA 310
Knowledge of the Business (withdrawn pursuant to issuance of ISA 315 and 330)
Click Here
Click Here
SA 315
Understanding the Entity and Its Environment and Assessing the Risks of Material Misstatement
Click Here
SA 320
Audit Materiality
Click Here
SA 330
The Auditor’s Procedures In Response to Assessed Risks
Click Here
SA 400
Risk Assessments and Internal Control (withdrawn pursuant to issuance of ISA 315 and 330)
Click Here
Click Here
SA 401
Auditing in a Computer Information Systems Environment (withdrawn pursuant to issuance of ISA 315 and 330)
Click Here
Click Here
SA 402
Audit Considerations relating to Entities using Service Organisations
Click Here
SA 500
Audit Evidence
Click Here
SA 501
Audit Evidence – Additional Considerations for Specific Items
Click Here
SA 505
External Confirmations
Click Here
SA 510
Initial Engagements- Opening Balances
Click Here
SA 520
Analytical Procedures
Click Here
SA 530
Audit Sampling and Other Means of Testing
Click Here
SA 540
Audit of Accounting Estimates
Click Here
SA 545
Auditing Fair Value Measurements and Disclosures
Click Here
Click Here
SA 550
Related Parties
Click Here
SA 560
Subsequent Events
Click Here
SA 570
Going Concern
Click Here
SA 580
Management Representations
Click Here
SA 600
Using the Work of Another Auditor
Click Here
SA 610
Considering the Work of Internal Audit
Click Here
SA 620
Using the Work of an Expert
Click Here
SA 700
Forming an opinion and report on Financial Statements
Click Here
SA 701
Communicating Key Audit Matters in the Independent Auditor’s Report
Click Here
SA 710
Comparatives
Click Here
SA 720
Other Information in Documents Containing Audited Financial Statements
Click Here
SA 800
The Auditor’s Report on Special Purpose Audit Engagements
Click Here

The links under 'full Standard' column redirects to ICAI website. Links to Revised Standard have been incorporated where ever applicable.

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