Illustrative Audit Engagement Letter under Companies Act, 2013 - ICAI

FOR THE ATTENTION OF THE MEMBERS
ILLUSTRATIVE FORMATS OF THE ENGAGEMENT LETTER FOR AUDIT OF FINANCIAL STATEMENTS UNDER THE COMPANIES ACT, 2013 AND THE RULES THEREUNDER

The Auditing and Assurance Standards Board is issuing the following illustrative formats for engagement letter for audit of Financial Statements under the Companies Act, 2013 and the Rules thereunder. These illustrative formats were approved by the Council of the Institute of Chartered Accountants of India (ICAI) at its Meeting held in November 2014.

These illustrative formats would be added to the Appendix 1 of Standard on Auditing (SA) 210, ‘Agreeing the Terms of Audit Engagements’, issued by ICAI.


Illus. 1   Engagement Letter for Audit of Financial Statements under the Companies Act 2013 and the Rules               thereunder (When Reporting u/s 143(3)(i) is Applicable)


Illus. 2   Engagement Letter for Audit of Financial Statements under the Companies Act 2013 and the Rules                thereunder (When Reporting u/s 143(3)(i) is not Applicable)


(CA. ABHIJIT BANDYOPADHYAY)
Chairman, Auditing & Assurance Standards Board
The Institute of Chartered Accountants of India

Source :-
ICAI



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