Logic behind numbering of SAs

Page no : 2

sai (student) (48 Points)
Replied 29 July 2010

Also, the standards for engagements that do not give any assurance(i.e, Related Services) are separated from :

the ones that give negative assurance (i.e Review) :and
the ones that give positive assurance (i.e,Audit) and other assurance engagements.

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Sudev Namboothiri (CA FINAL) (432 Points)
Replied 29 July 2010

Dear Mr. Rupesh Kalantri ,

If you now the poem kindly post it ....

It is benefecial to everyone..

CA Harshmeet Khurana (CA) (204 Points)
Replied 29 July 2010

Dunno bout any logic..

I've made my own formulae for remembering. Eg: I remember SA 540 Audit of Accounting Estimates as we 'estimate' to study for '5' hours, but study for '4' hours i.e. SA 540.

Vikas Gupta (CHARTERED ACCOUNTANT) (16295 Points)
Replied 29 July 2010

Originally posted by : Rupesh Kalantri
	surbhi bansal too has a memory poem for remebering SA nos.

CAN U PLZ SHARE THE POEM HERE?

(Guest)

Originally posted by : deepak
	there is no logic behind SA numbering as they are copy from international standars.

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Kshitij (Consultant) (62 Points)
Replied 30 July 2010

There is no logic behind it...better 2 mud it up

CA Ravi Sisodia (CA,CS,CMA) (32226 Points)
Replied 30 July 2010

you can create your own logic for remembering SA.

Sagar Bandarkar.. (CA Student / Article Assistant) (106 Points)
Replied 30 July 2010

yes, there is logic...it (SA numbering) has been introduced to correlate Auditing standards with the international auditing standards.....

Kushal Bansal (CA Final, CS Final) (286 Points)
Replied 30 July 2010

ICAI follows following scheme...

100-199 Introductory Matters ( No SA till date)

200-299 General Principles & Responsibility ( 200, 200A, 210, 220, 230, 240, 250, 260, 299)

300-499 Risk Assessment ( 300, 315, 320, 330, 402)

500-599 Audit Evidence ( 500, 501, 505, 510, 520, 530, 540, 550, 560, 570, 580)

600-699 Using Work of Others ( 600, 610, 620)

700-799 Audit Conclusions and Reporting (700, 710)

800-899 Specialised Areas ( No SA till date)

1 Like

darshan (AUDITOR) (223 Points)
Replied 30 July 2010

making link between sa and aas is easier u kan learn it quickly aas are in serial no

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Danish (company) (23 Points)
Replied 30 July 2010

There is no logic

yogesh mittal (Manager) (27 Points)
Replied 30 July 2010

Surbhi madam tells about logic behind SA and also tell poem which is usefull for remember number

yogesh mittal (Manager) (27 Points)
Replied 30 July 2010

yes surbhi bansal know that

yogesh mittal (Manager) (27 Points)
Replied 30 July 2010

kasushal bansal is right

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CA Finalist (Article Assitant) (289 Points)
Replied 30 July 2010

i am sure there must be somelogic behind, which even i dont know. perhaps we might have to do research logically before we can conclude. As said, They is no such thing without LOGIC !!