Institute releases the Exposure Draft of Cost Audit and Assurance Standard on "Overall Objectives of the Independent Cost Auditor and the Conduct of an Audit in Accordance with Standards on Auditing”(CAAS-103)

Institute releases the Exposure Draft of Cost Audit and Assurance Standard on "Overall Objectives of the Independent Cost Auditor and the Conduct of an Audit in Accordance with Standards on Auditing”(CAAS-103)\

REQUEST FOR COMMENTS

Cost Audit and Assurance Standards Board, the standard –setting body of the Institute, has approved the release of Exposure Draft of Cost Audit and Assurance Standard (CAAS 103) on “Overall Objectives of the Independent Cost Auditor and the Conduct of an Audit in Accordance with Standards on Auditing”. The proposed exposure draft of Cost Audit and Assurance Standard may be modified in the light of comments received before being issued in final form. Please submit your views/ comments/ suggestions on the Cost Audit and Assurance Standard (CAAS-103) preferably by email, latest by 24th December, 2012. Comments should be addressed to: The Secretary, Cost Audit and Assurance Standards Board The Institute of Cost Accountants of India 3rd Floor, CMA Bhawan 3, Institutional Area, Lodi Road New Delhi- 110 003 Ph : 011-2462 2510 Email id responses should be sent to: dirtechnical.delhi@icwai.org Click here to download the exposure draft.