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X-WR-CALNAME:The Chamber of Tax Consultants
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X-WR-CALDESC:Events for The Chamber of Tax Consultants
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DTSTART;TZID=UTC+0:20200320T153000
DTEND;TZID=UTC+0:20200320T173000
DTSTAMP:20260507T000234
CREATED:20200109T110052Z
LAST-MODIFIED:20200311T123948Z
UID:3014-1584718200-1584725400@ctconline.info
SUMMARY:WEBINARS ON CONCLUSION AND AUDIT REPORTING
DESCRIPTION:\n\n\n\n\n\nACCOUNTING AND AUDITING COMMITTEE\n\n\nChairman :\nHeneel K. Patel\n\n\nVice Chairman :\nTejas Parikh\n\n\nConvenors :\nArpita Gadhia\, Deepak Shah\n\n\nAdvisor :\nJayesh Gandhi\n\n\n\n\nTo ensure that information provided in the financial statements are of high quality and are acceptable worldwide the Auditing and Assurance Standards board under the council of Institute of Chartered Accountants (ICAI) have formulated few Standards. These are in line with the International Standards issued by the International Auditing and Assurance Board (IAASB). \nStandards issued by the AASB include:  \nStandards of Quality Control (SQCs) for all the services under Engagement Standards. These standards are applicable to all auditing firms which perform audits and reviews of historical financial information including assurances and related service engagements. Standards on Auditing (SAs) for auditing historical financial information. These apply whenever any independent Audit is carried out. \nIn simpler words\, whenever an independent examination of financial information is carried on for ANY entity whether the business motive is to make the profit or not\, whether the size of the entity is big or small or even if the entity has any legal form (unless any lays specifies something else) the SAs will be applicable.  \nIn order to guide members to understand the implantation of the SAS\, the Chamber has organized a Series of webinars on practical implementation of standards on auditing as follows. \n\n\n\nDate\n:\n20th March\, 2020\n\n\nTime\n:\n3.30 p.m. to 5.30 p.m.\n\n\nFees\n:\nA&A Study Circle Members: Free \nOutstation Members: Free \nOthers: (Per Webinar) ₹ 200/- (Inclusive of GST) \n(For 6 Webinars) ₹ 1\,000/- (Inclusive of GST)\n\n\n\n  \n\n\nSession on\n:\nConclusion and Audit Reporting\n\n\nKey aspects of relevant standards on following topics to be covered\n:\n• Forming an Opinion and Reporting on Financial Statements\n• SA 701 – Communicating Key Audit Matters in the Independent Auditor’s Report\n• Modifications to the Opinion in the Independent Auditor’s Report Emphasis of Matter Paragraphs and Other Matter\nParagraphs in the Independent Auditor’s Report\n• Comparative Information—Corresponding Figures and Comparative Financial Statements\n• The Auditor’s Responsibility in Relation to Other Information in Documents Containing Audited Financial Statements\n\n\nFocus area\n:\n• New format\n• KAM vs. EOM vs. Qualification\n• Changes in standard format\n• Responsibility in relation to other information\n• Changes in report format in case of adverse conclusion\n• Modifications in report format in case of LLP\, trust etc.\n\n\nSpeakers\n:\nCA Khurshed Pastakia\n\n\n\n\n
URL:https://ctconline.info/event/series-of-webinars-on-conclusion-and-audit-reporting/
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