ICAI Announcement
| Auditing and Assurance Standards Board The Institute of Chartered Accountants of India 11th July, 2024 |
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| Expert Panel for addressing queries related to Statutory Audit pertaining to auditing aspects |
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| Panel Convenors: CA. Sripriya Kumar, Chairperson, AASB and CA. Ravi Patwa, Vice Chairman, AASB The Institute of Chartered Accountants of India (ICAI), as the world’s largest accounting body and the regulator and developer of the accountancy profession in India, has consistently contributed to nation-building and supported the country’s economic development. With the rapidly changing business landscape, the emergence of new-age companies and start-ups, a growing number of companies going public, and an increasing array of regulatory and reporting requirements, the role of auditors has expanded significantly. In this evolving environment, where expectations from auditors are continually rising, the Auditing and Assurance Standards Board (AASB) of ICAI is committed to support members in practice by enhancing audit quality. In this regard, it is to inform you that the Board, in line with the past three years practice, has once again formed an Expert Panel which will provide technical support to the members with respect to their queries on auditing aspects for the coming Audit season. Members having specific queries may send such queries at email address: auditfaq[at]icai[dot]in. The panel will be open from 11th July 2025 till 30th September 2025. |
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To enable us to serve you better, as regards drafting queries, kindly be guided by the following:
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| This initiative by AASB is on a best - effort basis and for the assistance of the members. The members are specifically informed that the views expressed by the experts would be their personal views and not necessarily the views of the AASB or the ICAI. AASB, ICAI or the experts of the Panel, do not accept any responsibility for actions taken by the querists based on such advice. Further, these views are not to be used as evidence in any non judicial/ quasi judicial/ judicial proceeding before any authority. Further, depending upon the nature of query, the Board reserves the right to not consider the query for response and the same may be done without assigning or communicating any reason therefore. |
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