New Revised Standards on Auditing (SA-700, SA-701, SA-705, SA-706, SA-260 & SA-570) released by ICAI [17 May 2016]
The ICAI. vide Announcement dt 17th May 2016 has released various Revised Standards on Auditing (i.e. SA 700, SA 701, SA 705, SA 706, SA 260 & SA 570), as under:
It may be noted that recently on 3rd Dec., 2015 ICAI had issued Exposure Drafts of above Revised Standards on Auditing, for Comments from it’s Members to be sent latest by January 18, 2016. After consideration of the suggestions/ comments from it’s members, the ICAI has issued these standards.