CAASB of the Institute issues advisory for members on the Auditing and Assurance assignments due to COVID-19

Cost Auditing and Assurance Standards Board
The Institute of Cost Accountants of India

Dear Professional Colleagues,

Greetings from the Cost Auditing and Assurance Standards Board of the Institute;

We hope you all are doing well during the prevailing lockdown across the Country imposed to curb the spread of the COVID 19 disease and taking all necessary precautions to safeguard yourself and your family from this calamity.

We are happy to place before you the Advisory on Auditing and Assurance assignments during the Period of Lockdown and Restrictions on Travelling imposed by the Government to curb the spread of COVID-19 disease. Through this advisory we have tried to address various issues being faced by the members in practice.

CAASB of the Institute issues advisory for members on the Auditing and Assurance assignments due to COVID-19

Let us assure you that the Institute is taking all possible steps to ensure necessary assistance to the members in order to carry out their statutory responsibilities. This abnormal situation is posing peculiar challenges to the professionals and we need to join our efforts together to face the same and come out of it.

The Institute shall be happy to receive your constructive suggestions on this aspect to further improve the delivery. For any suggestions, information or clarification with regard to the auditing and attestation, you may write to us on [email protected] and we will be giving you the response at the earliest.

Wishing you and your near dear a very safe and secure time during this hour of calamity;

With warm regards,