Standards on Auditing - Reporting

Standards on Auditing relating to audit reporting issued by the Institute of Chartered Accountants of India establish the principles and responsibilities of the auditor in forming and expressing an opinion on financial statements. The core standards include SA 700, which requires the auditor to evaluate whether the financial statements are prepared in accordance with the applicable financial reporting framework and to express an opinion thereon; SA 705, which prescribes the circumstances under which the auditor should issue a qualified opinion, adverse opinion, or disclaimer of opinion when material misstatements or scope limitations exist; SA 706, which allows the auditor to draw users’ attention to important matters appropriately disclosed in the financial statements without modifying the opinion; and SA 701, which requires auditors of listed entities to communicate matters that were of most significance in the audit. Together, these standards ensure that the auditor’s report clearly communicates the auditor’s opinion, significant audit matters, and any necessary modifications so that users can properly understand the reliability and context of the financial statements.

SESSION 1

https://www.youtube.com/live/aXLy0VkgTeg?si=Kub3pOS5feow-Xx1

SESSION 2

https://www.youtube.com/live/pO28CsYIPnk?si=d4I8Vlk4cNUP2qYE

SESSION 3

https://www.youtube.com/live/ZkE1pbOrWJ4?si=BNvGczMdgH3dAKRx

SESSION 4

https://www.youtube.com/live/UTirxm2dIM8?si=VtW-ZpHsFS5d4hfw