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Auditing and Assurance Standards Board - Expert Panel for Addressing queries related to Statutory Audit pertaining to Auditing Aspects
April, 18th 2022

Announcement

Auditing and Assurance Standards Board

The Institute of Chartered Accountants of India

Page 1 of 2 April 15, 2022

Expert Panel for Addressing queries related to Statutory Audit pertaining to Auditing Aspects

The Institute of Chartered Accountants of India (ICAI) being the world’s second largest accounting body and regulator of accountancy profession in India has always partnered in Nation Building and provided service to Indian economy in public interest.

With the rapidly evolving business environment, introduction of new age companies, start-ups, increased number of companies going public and amidst increasing regulatory and reporting requirements, the role of auditors has increased manifolds. In the current environment with ever increasing expectation from auditors, this year the Auditing and Assurance Standards Board of ICAI has decided to provide necessary support to the members in practice with respect to the Statutory Audit of Entities pertaining to auditing aspects with the objective of enhancing audit quality.

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