| ICAI released Checklist on Standards on Auditing (SAs |
| To enable auditors to effectively comply with the standards on auditing, ICAI has released “Checklist on Standards on Auditing”. This covers checklist of all the 38 Standards on Auditing issued till date covering various audit requirements given in Standards on Auditing. It also contains various “Notes” to explain these checklists, wherever deemed necessary. These Notes contain the relevant guidance given in Standards on Auditing. The checklist on each SA has a brief introductory write-up dealing with the definition of terms used in the SA. Every checklist on SA gives the following “How to use this Checklist” Guidance: |
| 1. Relevant paragraph references in the Standard have been indicated in the first column. |
| 2. The Engagement Partner and Manager* are required to review the completed checklist and initial this page. |
| 3. After completion, the checklist should be filed in the appropriate section of the working papers. |