Description Delve into “Bharat: Standards on Auditing – A Practitioner’s Guide” featuring a comprehensive array of chapters covering audit objectives, evidence assessment, financial statement reporting, and more. Take advantage of special discounts available. ISBN: 978-81-970560-3-1, Edition: 3rd edn., 2024, Author: CA. Kamal Garg, Pages: 772, Publisher: Bharat Publishers. This edition offers invaluable insights and practical guidance for auditors and accounting professionals. Chapter Contents Pages Bharat 5 Preface to the Third Edition 9 Detailed Contents 15 Division I Statutory Auditors’ Practice Pointer References to Engagement and Quality Control Standards List of Standards of Auditing (SAs), Standards of Review Engagements, Standard on Assurance Engagements (SAEs), Standards on Related Services (SRSs) 3 1 SA 200: Overall Objectives of the Independent Auditor and the Conduct of an Audit in Accordance with Standards on Auditing 7 2 SA 210: Agreeing the Terms of Audit Engagements 16 3 SA 220: Quality Control for an Audit of Financial Statements 23 4 SA 230: Audit Documentation 32 5 SA 240: The Auditor’s Responsibility Relating to Fraud in an Audit of Financial Statements 38 6 SA 250: Consideration of Laws and Regulations in an Audit of Financial Statements 51 7 SA 260: Communication with those Charged with Governance (Revised) 62 8 SA 265: Communicating Deficiencies in Internal Control to those Charged with Governance and Management 67 9 SA 299: Joint Audit of Financial Statement (Revised) 73 10 SA 300: Planning an Audit of Financial Statements 82 11 SA 315: Identifying and Assessing the Risks of Material Misstatement through Understanding the Entity and Its Environment 86 12 SA 320: Materiality in Planning and Performing an Audit 108 13 SA 330: The Auditor’s Responses to Assessed Risks 117 14 SA 402: Audit Considerations Relating to an Entity Using a Service Organisation 129 15 SA 450: Evaluation of Misstatements Identified During the Audit 135 16 SA 500: Audit Evidence 139 17 SA 501: Audit Evidence — Specific Considerations for Selected Items 149 18 SA 505: External Confirmations 155 19 SA 510: Initial Audit Engagements — Opening Balances 165 20 SA 520: Analytical Procedures 171 21 SA 530: Audit Sampling 177 22 SA 540: Auditing Accounting Estimates, including Fair Value Accounting Estimates, and Related Disclosures 183 23 SA 550: Related Parties 187 24 SA 560: Subsequent Events 197 25 SA 570: Going Concern (Revised) 204 26 SA 580: Written Representations 214 27 SA 600: Using the Work of Another Auditor 224 28 SA 610: Using the Work of Internal Auditors (Revised) 229 29 SA 620: Using the Work of an Auditor’s Expert 235 30 SA 700: Forming an Opinion and Reporting on Financial Statements (Revised) 242 31 SA 701: Communicating Key Audit Matters in the Independent Auditor’s Report 255 32 SA 705: Modifications to the Opinion in the Independent Auditor’s Report (Revised) 262 33 SA 706: Emphasis of Matter Paragraphs and Other Matter Paragraphs in the Independent Auditor’s Report (Revised) 295 34 SA 710: Comparative Information – Corresponding Figures and Comparative Financial Statements 303 35 SA 720: The Auditor’s Responsibility in Relation to Other Information in Documents Containing Audited Financial Statements (Revised) 306 36 SA 800: Considerations – Audits of Financial Statements Prepared in Accordance with Special Purpose Frameworks 318 37 SA 805: Special Considerations – Audits of Single Financial Statements and Specific Elements, Accounts or Items of a Financial Statement 324 38 SA 810: Engagements to Report on Summary Financial Statements 329 39 SRE 2400: Engagements to Review Historical Financial Statements (Revised) 336 40 SRE 2410: Review of Interim Financial Information Performed by the Independent Auditor of the Entity 342 41 SAE 3400: The Examination of Prospective Financial Information 348 42 SAE 3402: Assurance Reports on Controls at a Service Organisation 354 43 SAE 3420: Assurance Engagements to Report on the Compilation of Pro Forma Financial Information Included in a Prospectus 364 44 SRS 4400: Engagements to Perform Agreed-upon Procedures regarding Financial Information 371 45 SRS 4410: Compilation Engagements (Revised) 376 Division II Statutory Auditors’ Practice Pointers on Accounting Standards, CARO Checklist, Audit Checklists for Items of Financial Statements and Reporting and Letter Formats Chapter 1 Audit of Items of Financial Statements 383 Chapter 2 Schedule III (2021 Amendments) 495 Chapter 3 Companies (Auditor's Report) Order, 2020 — Checklist 548 Chapter 4 Practice Pointer Queries on Accounting Standards 599 Appendix Schedule III 638
