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ISA

05 December 2008

Hi I am devi planning to practice.. now am working in a ptv. consulting co.. Iam planning to do a specialisation shall i take up ISA cource provided by institute.. wats its scope.. is it importent only in the case of bank audits..or will it be necessary in the case of corporate audits too?

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3 Replies

praveen (Chartered Accountant) (6971 Points)
Replied 05 December 2008

as far as i am informed it is needed only for EDP Audits and for bank audits.

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Manek Amit (370 Points)
Replied 06 December 2008

As per my knowledge ISA is for System audit whether system audit in bank or in any firm or at corporate level.. There is nice scope of ISA if you are sure to go ahead in that field then CISA is also nice. ISA is the course by our institute which we can do after passing CA only but CISA is international course of System audit which we can do any time. and value of CISA is more than ISA but at the same time Cost and Effort to pass is much higher in CISA. you can do any course both are for system audit and nice scope is there if you want to practice. i m also planning to do CISA.

CA Shree Jain (Chartered Accountant) (1572 Points)
Replied 06 December 2008

ISA course which is provided by Institute is help full for any type of system audits either use in Banks, Corporate Sectors or any Financial Institution and many other sectors also.