ICSI seeks feedback on draft Auditing Standards
Published: Sep 11, 2017
By TIOLCORPLAWS News Service
NEW DELHI, SEPT 11, 2017: THE Institute of Company Secretaries of India (ICSI) has constituted Auditing Standards Board (ASB) with the objective of formulating Auditing Standards. Such a step has been taken having acknowledged the need to provide support to its members to develop the auditing acumen, techniques and tools and for inculcation of best auditing practices among them. Accordingly, the Board has brought out Exposure Drafts of the following Auditing Standards:
CSAS-1 :Auditing Standard on the Audit Engagement
CSAS-2 : Auditing Standard on Audit Process and Documentation
CSAS-3 : Auditing Standard on Forming of Opinion
CSAS-4: Auditing Standard on Secretarial Audit