Standards on Auditing - A Practitioner's Guide

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Description
Also containing
* Key Points for all the Engagement and Quality Control Standards (EQCS)
* Practice Pointer audit queries under EQCS with recommendations
* Audit Checklists for various items of Financial Statements under Accounting Standards' compliant Schedule III;
* Practice Pointer accounting queries and recommendations under Accounting standards
* CARO, 2020 checklists

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Contents
Division I - Statutory Auditors’ Practice Pointer References to Engagement and Quality Control Standards
Chapter 1       SA 200: Overall Objectives of the Independent Auditor and the Conduct of an Audit in Accordance with Standards on Auditing
Chapter 2       SA 210: Agreeing the Terms of Audit Engagements
Chapter 3       SA 220: Quality Control for an Audit of Financial Statements
Chapter 4       SA 230: Audit Documentation
Chapter 5       SA 240: The Auditor’s Responsibility Relating to Fraud in an Audit of Financial Statements
Chapter 6       SA 250: Consideration of Laws and Regulations in an Audit of Financial Statements
Chapter 7       SA 260: Communication with those Charged with Governance (Revised)
Chapter 8       SA 265: Communicating Deficiencies in Internal Control to those Charged with Governance and Management
Chapter 9       SA 299: Joint Audit of Financial Statement (Revised)
Chapter 10     SA 300: Planning an Audit of Financial Statements
Chapter 11     SA 315: Identifying and Assessing the Risks of Material Misstatement through Understanding the Entity and Its Environment
Chapter 12     SA 320: Materiality in Planning and Performing an Audit
Chapter 13     SA 330: The Auditor’s Responses to Assessed Risks
Chapter 14     SA 402: Audit Considerations Relating to an Entity Using a Service Organisation
Chapter 15     SA 450: Evaluation of Misstatements Identified During the Audit
Chapter 16     SA 500: Audit Evidence
Chapter 17     SA 501: Audit Evidence — Specific Considerations for Selected Items
Chapter 18     SA 505: External Confirmations
Chapter 19     SA 510: Initial Audit Engagements — Opening Balances
Chapter 20     SA 520: Analytical Procedures
Chapter 21     SA 530: Audit Sampling
Chapter 22     SA 540: Auditing Accounting Estimates, including Fair Value Accounting Estimates, and Related Disclosures
Chapter 23     SA 550: Related Parties
Chapter 24     SA 560: Subsequent Events
Chapter 25     SA 570: Going Concern (Revised)
Chapter 26     SA 580: Written Representations
Chapter 27     SA 600: Using the Work of Another Auditor
Chapter 28     SA 610: Using the Work of Internal Auditors (Revised)
Chapter 29     SA 620: Using the Work of an Auditor’s Expert
Chapter 30     SA 700: Forming an Opinion and Reporting on Financial Statements (Revised)
Chapter 31     SA 701: Communicating Key Audit Matters in the Independent Auditor’s Report
Chapter 32     SA 705: Modifications to the Opinion in the Independent Auditor’s Report (Revised)
Chapter 33     SA 706: Emphasis of Matter Paragraphs and Other Matter Paragraphs in the Independent Auditor’s Report (Revised)
Chapter 34     SA 710: Comparative Information – Corresponding Figures and Comparative Financial Statements
Chapter 35     SA 720: The Auditor’s Responsibility in Relation to Other Information in Documents Containing Audited Financial Statements (Revised)
Chapter 36     SA 800: Considerations – Audits of Financial Statements Prepared in Accordance with Special Purpose Frameworks
Chapter 37     SA 805: Special Considerations – Audits of Single Financial Statements and Specific Elements, Accounts or Items of a Financial Statement
Chapter 38     SA 810: Engagements to Report on Summary Financial Statements
Chapter 39     SRE 2400: Engagements to Review Historical Financial Statements (Revised)
Chapter 40     SRE 2410: Review of Interim Financial Information Performed by the Independent Auditor of the Entity
Chapter 41     SAE 3400: The Examination of Prospective Financial Information
Chapter 42     SAE 3402: Assurance Reports on Controls at a Service Organisation
Chapter 43     SAE 3420: Assurance Engagements to Report on the Compilation of Pro Forma Financial Information Included in a Prospectus
Chapter 44     SRS 4400: Engagements to Perform Agreed-upon Procedures regarding Financial Information
Chapter 45     SRS 4410: Compilation Engagements (Revised)
Division II - Statutory Auditors’ Practice Pointers on Accounting Standards, CARO Checklist, Audit Checklists for Item Financial Statements and Reporting and Letter Form
Chapter 1       Audit of Items of Financial Statements
Chapter 2       Schedule III (2021 Amendments)
Chapter 3       Companies (Auditor’s Report) Order, 2020 — Checklist
Chapter 4       Practice Pointer Queries on Accounting Standards
Appendix       Schedule III
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Author Details
CA. Kamal Garg [B.Com (H), FCA, DISA (ICAI)] is a Fellow Member of The Institute of Chartered Accountants of India (ICAI) and a First Class Commerce Baccalaureate from Deen Dayal Upadhyaya College, University of Delhi and a consulting academician inKGMA, Delhi. He was also the member of Board of Studies (BOS) Study Material Research Group (2009-2010) of NIRC of ICAI and a special invitee member of Accounting Standards Board (ASB) (2012-2013) and Ind AS (IFRS) Implementation Committee (2014-2015) of ICAI. He isalso the faculty member of Ethical Standards Board (ESB) of ICAI and had an opportunity to act as a speaker in the very 1st Live Webcast for
BOS of ICAI, such as study material and practice manual on Advanced Auditing for CA Final, eLectures for CA IPCC and CA Final studies, etc.