Release of the Implementation Guide on Auditor’s Reports under Ind-AS for Transition Phase


Dear Member,

It gives me immense pleasure to inform you that the Auditing and Assurance Standards Board of ICAI has released the “Implementation Guide on Auditor’s Reports under Indian Accounting Standards for Transition Phase” for the benefit of the members.
The Implementation Guide addresses the various issues relating to the auditor’s reporting responsibilities on the financial statements prepared under the Indian Accounting Standards (Ind AS) framework especially during the transition phase of first time implementation of Ind AS Framework.
The complete text of the Implementation Guide has been hosted on ICAI’s website at following URL:

Warm regards,

Chairman, Auditing and Assurance Standards Board

The Institute of Chartered Accountants of India