ICAI Notifies Exposure Drafts of Guidance Notes on Forensic Accounting and Investigation Standards:

ICAI Notifies Exposure Drafts of Guidance Notes on Forensic Accounting and Investigation Standards The Digital Accounting Assurance Board of The Institute of Chartered Accountants of India (ICAI) invites comments on the following exposure drafts of Guidance Notes on Forensic Accounting and Investigation Standards(FAIS):

Sl.No.	Guidance Note	Comment Submission Link
1	Guidance Note – FAIS 000: Over Arching Documents	https://forms.office.com/r/r62twiAwYC
2	Guidance Note - FAIS 110 : Nature of Engagement	https://forms.office.com/r/Kz0T7pME2M
3	Guidance Note - FAIS 120 : Fraud Risk	https://forms.office.com/r/nUFvfF22p5
4	Guidance Note - FAIS 130 : Laws and Regulations	https://forms.office.com/r/dspLP577Pk
5	Guidance Note - FAIS 140 : Applying Hypotheses	https://forms.office.com/r/A8cjHZS8sF
6	Guidance Note - FAIS 210 : Engagement Objectives	https://forms.office.com/r/K9Sa04stGY
7	Guidance Note - FAIS 220 : Engagement Acceptance and Appointment	https://forms.office.com/r/kkZV6qKNJ8
8	Guidance Note - FAIS 230 : Using the Work of An Expert	https://forms.office.com/r/p2zK1KZMtw
9	Guidance Note - FAIS 240 : Engaging with Agencies	https://forms.office.com/r/hzfEDVF6Nd
10	Guidance Note - FAIS 250 : Communication with Stakeholders	https://forms.office.com/r/AnHERVr7Hp
11	Guidance Note - FAIS 310 : Planning the Assignment	https://forms.office.com/r/87KcT9nUkR
12	Guidance Note - FAIS 320 : Evidence and Documentation	https://forms.office.com/r/fzM4zqkSew
13	Guidance Note - FAIS 330 : Conducting Work Procedures	https://forms.office.com/r/B5kZ19F39z
14	Guidance Note - FAIS 340 : Conducting Interviews	https://forms.office.com/r/6FCdxYW6FG
15	Guidance Note - FAIS 350 : Review and Supervision	https://forms.office.com/r/Z29FqWK7kU
16	Guidance Note - FAIS 360 : Testifying Before a Competent Authority	https://forms.office.com/r/FB7LgBXUwQ
17	Guidance Note - FAIS 410 : Applying Data Analysis	https://forms.office.com/r/uJPiQbGNbG
18	Guidance Note - FAIS 420 : Evidence Discovery in Digital Domain	https://forms.office.com/r/6UZNCv9MBm
19	Guidance Note - FAIS 430 : Loans Or Borrowings	https://forms.office.com/r/6bhmQ49bvn
20	Guidance Note - FAIS 510 : Reporting Results	https://forms.office.com/r/AEAmfSpCL4
21	Guidance Note - FAIS 610 : Quality Control	https://forms.office.com/r/QuLxrLq1QB

For reference purpose, updated compendium on Forensic Accounting and Investigation Standards(FAIS) can be downloaded. To download, Please Click here. Last Date for Submitting Comments is June 21st, 2023.