List of ICAI’s Standards on Auditing (SAs), including Engagement & Quality Control Standards (SQCs), Auditing, Review and Other Standards (AROS) earlier known as AAS, Standards on Review Engagements (SREs), Standards on Assurance Engagements (SAEs), Standards on Related Services (SRSs), etc. issued from time to time:
Standards on Quality Control (SQCs)
1) SQC 1: Quality Control for Firms that Perform Audit and Reviews of Historical Financial Information, and other Assurance and Related Services Engagements
2) Announcement on Amendment to SQC 1: Retention Period for Engagement Documentation (Working Papers)
New/ Revised Standards on Auditing (SAs), i.e. Auditing, Review and Other Standards (AROS/ AAS) issued under the Clarity Project
100-199 Introductory Matters
200-299 General Principles and Responsibilities
1) SA 200: Overall Objectives of the Independent Auditor and the Conduct of an Audit in Accordance with Standards on Auditing
2) SA 210: Agreeing the Terms of Audit Engagements
3) SA 220: Quality Control for an Audit of Financial Statements
4) SA 230: Audit Documentation
5) SA 240: The Auditor’s Responsibilities Relating to Fraud in an Audit of Financial Statements
6) SA 250: Consideration of Laws and Regulations in an Audit of Financial Statements
7) Revised SA 260: Communication with Those Charged with Governance
8) SA 265: Communicating Deficiencies in Internal Control to Those Charged with Governance and Management
9) Revised SA 299: Joint Audit of Financial Statements
300-499 Risk Assessment and Response to Assessed Risks
1) SA 300: Planning an Audit of Financial Statements
2) SA 315: Identifying and Assessing the Risks of Material Misstatement Through Understanding the Entity and Its Environment
3) SA 320: Materiality in Planning and Performing an Audit
4) SA 330: The Auditor’s Responses to Assessed Risks
5) SA 402: Audit Considerations Relating to an Entity Using a Service Organisation
6) SA 450: Evaluation of Misstatements Identified During the Audit
500-599 Audit Evidence
1) SA 500: Audit Evidence
2) SA 501: Audit Evidence-Specific Considerations for Selected Items
3) SA 505: External Confirmations
4) SA 510: Initial Audit Engagements – Opening Balances
5) SA 520: Analytical Procedures
6) SA 530: Audit Sampling
7) SA 540: Auditing Accounting Estimates, Including Fair Value Accounting Estimates, and Related Disclosures
8) SA 550: Related Parties
9) SA 560: Subsequent Events
10) Revised SA 570: Going Concern
11) SA 580: Written Representations
600-699 Using Work of Others
1) SA 600: Using the Work of Another Auditor
2) Revised SA 610: Using the Work of Internal Auditors
3) SA 620: Using the Work of an Auditor’s Expert
700-799 Audit Conclusions and Reporting
1) Revised SA 700: Forming an Opinion and Reporting on Financial Statements
2) SA 701: Communicating Key Audit Matters in the Independent Auditor’s Report
3) Revised SA 705: Modifications to the Opinion in the Independent Auditor’s Report
4) Revised SA 706: Emphasis of Matter Paragraphs and Other Matter Paragraphs in the Independent Auditor’s Report
5) SA 710: Comparative Information – Corresponding Figures and Comparative Financial Statements
6) Revised SA 720: The Auditor’s Responsibilities Relating to Other Information
800-899 Specialized Areas
1) Revised SA 800: Special Considerations – Audits of Financial Statements Prepared in Accordance with Special Purpose Frameworks
2) Revised SA 805: Special Considerations – Audits of Single Financial Statements and Specific Elements, Accounts or Items of a Financial Statement
3) Revised SA 810: Engagements to Report on Summary Financial Statements
2000-2699 Standards on Review Engagements (SREs)
1) SRE 2400 (Revised): Engagements to Review Historical Financial Statements
2) SRE 2410: Review of Interim Financial Information Performed by the Independent Auditor of the Entity
Assurance Engagements Other Than Audits or Reviews of Historical Financial Information
3000-3699 Standards on Assurance Engagements (SAEs)
3000-3399 Applicable to All Assurance Engagements
3400-3699 Subject Specific Standards
1) SAE 3400: The Examination of Prospective Financial Information
2) SAE 3402: Assurance Reports on Controls At a Service Organisation
3) SAE 3420: Assurance Engagements to Report on the Compilation of Pro Forma Financial Information Included in a Prospectus
Related Services
4000-4699 Standards on Related Services (SRSs)
1) SRS 4400: Engagements to Perform Agreed-upon Procedures Regarding Financial Information
2) SRS 4410 (Revised): Compilation Engagements
General Clarifications issued
1) General Clarification (GC) – AASB/2/2004 on SA 210
2) General Clarification (GC) – AASB/1/2002 on SA 620
ICAI’s Engagement & Quality Control Standards (SQC/ AROS) dated 25/11/2021
Related Posts:
ICAI Checklist on Standards on Auditing for Effective Implementation
ICAI’s Implementation Guides on SA 210 and SA 560
ICAI’s ‘Revised SA 299: Joint Audit of Financial Statements’
ICAI’s Implementation Guide on ‘Revised SA 570: Going Concern’
ICAI’s Revised SA 610: Using the Work of Internal Auditors
ICAI’s Implementation Guide on ‘Revised SA-610: Using the Work of Internal Auditors’
ICAI’s Implementation Guide on Revised SA 700, 705 and 706
Applicability Date for Revised SA 700, SA 705, SA 706: ICAI Clarifications
ICAI’s Revised SA 720: Auditor’s Responsibilities Relating to Other Information