alleryStart learning →Until standards are notified, which are deemed auditing standards?
AThose specified by ICAI
BThose set by SEBI
CThose of the CAG
DThose of the IFRS body
Answer & Solution
Correct answer: A. Those specified by ICAI
The proviso to Section 143(10) deems standards specified by ICAI to be the auditing standards until the Government notifies any.
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