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Questions › Category: SA-210 › Sir should an Auditor accept Audit If That entity FOLLOWS US GAAP instead of IndAs
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HimalayaHimalaya asked 6 years ago

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RaviRavi Staff answered 6 years ago

US GAAP is high quality FRF, If auditor and his team has adequate knowledge about FRF they can accept it. 

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RaviRavi Staff answered 6 years ago

We should also see purpose of the audit and whether attestation by Indian CA is acceptable.