Cost Auditing and Assurance Standards Board (CAASB), the standard-setting body of the Institute, has approved the release of Exposure Draft of Standard on Cost Auditing (ED SCA) ‘Cost Auditor’s Responsibility Relating to Fraud in an Audit of Cost Statements’ in its 21st meeting held on 5th & 6th October 2015. The exposure draft is hosted on the Institute’s website for obtaining suggestions and comments. The Exposure Draft will be modified in light of comments received before being issued as Standard in final form.
Please submit your views / comments / suggestions on the Exposure Draft latest by 15th December 2015 through email at caasb@icmai.in
Please click here to download Exposure Draft of Standard on Cost Auditing Cost Auditor’s Responsibility Relating to Fraud in an Audit of Cost Statements.
