alleryStart learning →Until standards are notified under s.143(10), which standards are deemed the auditing standards?
AThose of IFAC abroad
BThose specified by ICAI
CThose set by the Board
DNone at all apply
Answer & Solution
Correct answer: B. Those specified by ICAI
The proviso deems any standards specified by ICAI to be the auditing standards until the Central Government notifies them.
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