Standards on Auditing (CA Final, New Syllabus 2023, for May 2024 and onwards Exams)

PRACTICAL LEARNING SERIES
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Description
Updated with Latest Standards
Including SRE's, SAE' and SRS
* All Standards, as applicable for CA Exams updated
* Each standard comes with a pleasing and students Friendly Layout of
a) Preliminaries
b)Definitions
c) Requirements of the Standard, 
d) Additional Metter wherever applicable,
e) Important Revision Questions and Past Exam Questions
* Content of the Standard Organized in Separate Section, Paragraphs Diagrams and Tables, Wherever Applicable to suit ease of reading and understanding
*  Illustrative Formats : Wherever applicable, Illustrative formats given.
* Past  Exam  Questions : Past Exam Questions and Revision, Test Paper (RTP) Questions have been appended in Each Standard, along with hint Answers for effective exam preparations.

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Table of Contents
Preface to ICAI's SQC, SA, SRE, SAE & SRS
SA 200 Overall Objectives of the Independent Auditor and the Conduct of an Audit in accordance with SAS
SA 210 Agreeing the Terms of Audit Engagements
SA 220 Quality Control for an Audit of Financial Statements
SA 230 Audit Documentation
SA 240 The Auditor's responsibilities relating to Fraud in an Audit of Financial Statements
SA 250 Consideration of Laws and Regulations in an Audit of Financial Statements
SA 260 Communication with Those Charged with Governance
SA 265 Communicating Deficiencies in Internal Control to Those Charged with Governance and Management
SA 299 Responsibility of Joint Auditors
SA 300 Planning an Audit of Financial Statements
SA 315 Identifying and Assessing the Risks of Material Mis-statement through understanding the Entity and its Environment
SA 320 Materiality in Planning and Performing an Audit
SA 330 The Auditor's Responses to Assessed Risks
SA 402 Audit Considerations relating to Entities using Service Organisations
SA 450 Evaluation of Mis-statements identified during the Audits
SA 500 Audit Evidence
SA 501 Audit Evidence-Specific Considerations for Specific items
SA 505 External Confirmations
SA 510 Initial Audit Engagements - Opening Balances
SA 520 Analytical Procedures
SA 530 Audit Sampling
SA 540 Auditing Accounting Estimates, including Fair Value Accounting Estimates and Related Disclosures
SA 560 Subsequent Events
SA 570 Going Concern
SA 580 Written Representations
SA 600 Using the work of Another Auditor
SA 610 Using the work of an Internal Auditor
SA 640 Using the work of an Auditor's Expert
SA 700Forming an Opinion and Reporting on Financial Statements
SA 701 Communicating Key Audit Matters in the Independent Auditors
SA 705 Report Modification to the Opinion in the Independent Auditor's Report
SA 706 Emphasis of Matter Paragraphs and Other Matter Paragraphs in the Independent Auditor's Report
SA 710 Comparative Information Corresponding Figures and Comparative Financial Statements
SA 720 The Auditor's Responsibilities in relation to Other Information
SA 800 Special Considerations Audit of Financial Statements prepared in accordance with Special Purpose Frameworks
805 Special Considerations Audits of Single Financial Statements & Specific Elements, Accounts or Items of a Financial Statement
810 Engagements to Report on Summary Financial Statements
SQC 1 Quality Control for Firms that perform Audits and Reviews of Historical Financial Information. Other Assurance and Related Services Engagements
2400 Engagements to Review Historical Financial Statements (Revised)
2410 Review of Interim Financial Information performed by Independent Auditor of the Entity The Examination of Prospective Financial Information
3402 Assurance Reports on Controls at Service Organisation
3420 Assurance Engagements to Report on the Compilation of Proforma Financial Information included in a Prospectus (Revised)
4400 Engagements to perform Agreed - Upon Procedures regardin Financial Information
4410 Compilation Engagements (Revised)
MCQ'S Multiple Choice Questions on SA's for Exam Practice
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Author Details
Shri G Sekar is a graduate in commerce and a fellow member of the Institute of Chartered Accountants of India. He is a rank-holder and Gold Medallist in the graduation examinations. His areas of specialization include Direct Taxation, Indirect Taxation, Systems Audit, Accounting Standards and Government Accounting. He is a faculty member on Taxation, at Institute of Chartered Accountants of India and its Branches. He is also a visiting faculty on the subject in management and professional institutes including Regional Training Institute of Southern Region - C & AG. He has been regularly presenting papers on Direct and Indirect Taxation and Accounting Standards at conferences organised by various institutions. His articles on Direct and Indirect Taxation have been published in law journals.