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Announcement - Implementation of ICAI (Global Networking) Guidelines, 2025.

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ICAI Announcements

December, 04th 2015

FOR THE ATTENTION OF THE MEMBERS

Auditing and Assurance Standards Board issues Exposure Drafts of New/Revised Standards on Auditing for Comments

The Auditing and Assurance Standards Board of the ICAI is issuing the Exposure Drafts of following new/revised Standards on Auditing (SAs) for comments.

S.N.	Standard
1	Revised SA 700, Forming an Opinion and Reporting on Financial Statements	Click here for Exposure Draft
2	New SA 701, Communicating Key Audit Matters in the Independent Auditor’s Report	Click here for Exposure Draft
3	Revised SA 705, Modifications to the Opinion in the Independent Auditor’s Report	Click here for Exposure Draft
4	Revised SA 706, Emphasis of Matter Paragraphs and Other Matter Paragraphs in the Independent Auditor’s Report	Click here for Exposure Draft
5	Revised SA 260, Communication with Those Charged with Governance	Click here for Exposure Draft
6	Revised SA 570, Going Concern	Click here for Exposure Draft

The comments on these Exposure Drafts can be sent latest by January 18, 2016 at the following address:

Secretary, Auditing and Assurance Standards Board
The Institute of Chartered Accountants of India
ICAI Bhawan, A-29, Sector-62,
NOIDA, Uttar Pradesh – 201 309
The comments can also be sent by email at: aasb@icai.in

(CA. ABHIJIT BANDYOPADHYAY)
Chairman, Auditing and Assurance Standards Board
The Institute of Chartered Accountants of India