Inviting queries from the members on Standards on Cost Auditing (SCAs) 101 to 104


Dear Professional Colleagues,

Greetings from the Cost Auditing and Assurance Standards Board (CAASB) of the Institute.

The CAASB in its 34th meeting held at Vadodara has decided to promote basic awareness about the Standards on Cost Auditing (SCAs) among the members of the Institute. For this purpose, the CAASB has undertaken the task of developing Frequently Asked Questions, Background Paper/s and Power Point Presentation on each of the four Standards on Cost Auditing approved by the Government besides organising programs/seminars on these standards. The documents, so developed and approved by the CAASB, shall be circulated to the members of the Institute for their guidance.

In order to move forward on the above agenda, the CAASB invites queries from the members on the Standard on Cost Auditing (SCA 101 to 104) in the prescribed format. The queries so received will be compiled and form the basis of developing Frequently Asked Questions on SCAs.

Please send your queries pertaining to the SCAs 101 to 104 in the following format to by May 30, 2018 positively.

Sr. No. SCA number Section / Clause number Section / Clause name Query

Please click here to download the SCA 101 to 104

I am looking forward to your support and cooperation for creating awareness of the SCAs among the stakeholders.


With regards,

CMA (Dr.) PVS Jagan Mohan Rao
Chairman, CAASB
The Institute of Cost Accountants of India