SAE 3410: Assurance Engagements on Greenhouse Gas Statements, released by ICAI
ICAI has released Standard on Assurance Engagements (SAE) 3410: Assurance Engagements on Greenhouse Gas Statements.
Category: Auditing
ICAI’s Draft Guidance Note on Transfer Pricing Report u/s 92E of Income Tax
ICAI has released Exposure Draft of Guidance Note on Transfer Pricing Report u/s 92E of the Income-Tax Act, 1961, incorporating amendments made by the Finance Act, 2020.
ICAI’s Guidelines for Auditor’s Consideration (COVID-19)
ICAI has issued different Guidelines which prescribes key points/ questions for Auditor's Consideration, like Physical Inventory Verification, Going Concern, Subsequent Events, Auditor's Reporting, Financial Reporting & Auditing of Financial …
ICAI’s Guidance Note on Bank Audit (2020 Edition)
ICAI has issued 'Guidance Note on Bank Audits (2020 Edition)' along with illustrative formats of relevant reports, certificates, audit programme, etc. This guidance note is divided into 2 parts, …
ITR/ TAR Due Date Extended upto 31 Oct. 2019 (AY 2019-20): CBDT
CBDT notifies that due date for filing of Income Tax Return (ITR) along with Tax Audit Report (TAR) has been extended from 30 September to 31 October 2019 for …
ICAI’s Implementation Guide for Revised SA 720 on The Auditor’s Responsibilities Relating to Other Information
ICAI has released first edition (August 2019) of the Implementation Guide for Revised SA 720 on The Auditor’s Responsibilities Relating to Other Information, comprising of FAQs on key issues …
ICAI’s Implementation Guide for Revised SA 570 on Going Concern
ICAI has released third edition (August 2019) of it's Implementation Guide for Revised SA 570, comprising of responses in question answer format on key issues of revised SA 570, …
Revised SEBI Procedure/ Formats for Limited Review/ Audit Reports of Listed Entities
SEBI notifies revised procedure/ formats for Limited Review/ Audit Reports of Listed Entities (including those entities whose accounts are to be consolidated with the listed entity), applicable applicable with respect to …
Ind AS 116 – Leases: A New Era of Accounting for Lease contracts by Lessees
ICAI has drawn attention of all concerned to 'Ind AS 116 - Leases' recently notified by MCA vide Notification dt. 30 March 2019 on Companies (Ind AS) First Amendment …
MCA Notifies Companies (Ind AS) Amendment Rules, 2019
MCA has notified the Companies Indian Accounting Standards (Ind AS) First and Second Amendment Rules, 2019, applicable w.e.f. 1 April, 2019, to amend the 'Annexure B on Indian Accounting …