CA NeWs Beta*: E-Learning on Standards on Audit by Auditing and Assurance Standards Board

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Tuesday, December 6, 2011

E-Learning on Standards on Audit by Auditing and Assurance Standards Board

E-Learning on Standards on Audit
by Auditing and Assurance Standards Board

As a part of its initiatives to create awareness among the members regarding the Clarified Standards on Audit, the Auditing and Assurance Standards Board has launched the first phase of e-learning on these Standards on Audit.
Significant features of E-learning:
  • Step by step coverage on all important aspects of a Standard.
  • Colourful and interactive lessons.
  • Learning at your speed and convenience.
  • Quiz at the end of each module to test understanding.
The First Phase to the E-learning on Standard on Audit covers:
  • SA 210, Agreeing the Terms of Audit Engagements
  • SA 230, Audit Documentation
  • SA 240, The Auditor’s Responsibility Relating to Fraud in An Audit of Financial Statements
  • SA 250, Consideration of Laws and Regulations in An Audit of Financial Statements
  • SA 330, The Auditor’s Responses to Assessed Risks
  • SA 450, Evaluation of Misstatements Identified During the Audit
  • SA 501, Audit Evidence-Specific Considerations for Selected Items
  • SA 570, Going Concern
  • SA 705, Modifications to the Opinion in the Independent Auditor’s Report
  • SA 706, Emphasis of Matter Paragraphs and Other Matters Paragraphs in the Independent Auditor’s Report
E-learning on remaining Standards is in progress and will be released soon.
Other Details:
Duration of Course: 7 hours (Maximum time limit- 3 months)
Credit of CPE Hours: 3 Hours
Course Fees: Rs. 500/-
Log on to http://elearn.icai.org for registration and other details.

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