Sir is there any major change in SA 260 and SA 570 REVISED?

2 answers

Ravi Staff September 27, 2017

there is no major change in these standards, you can rely on content of old standards.
there is one change in SA 570 and one change in SA 260
in SA 570 instead of EMP we have to put a para “Materiality Uncertainty over Going Concern” contents remain same
in SA 260 auditor needs to ask TCWG for Key Auditor Matter Para (SA 701), but this SA is not yet applicable

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Audit Staff September 27, 2017

Thank You Sir for your guidance…

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