ICAI Invitation for Expression of Interest for Empanelment as Subject Matter Expert in the Statutory Audit of Entities pertaining to Auditing Aspects

The Institute of Chartered Accountants of India (ICAI) being the world’s second largest accounting body and regulator of accountancy profession in India has always partnered in Nation Building and provided service to Indian economy in public interest.

With the rapidly changing economy, introduction of new age companies, start-ups, increased number of companies going public and manifold increase in regulatory and reporting requirements, the role of auditors has widened. In the environment of ever increasing expectation from auditors, this year the Auditing and Assurance Standards Board of ICAI has decided to provide necessary support to the members in practice with respect to the Statutory Audit of Entities pertaining to auditing aspects with the objective of enhancing audit quality. The Board is forming a panel of experts who can provide required support to the members with respect to their queries and concerns on the subject.

In this regard, we are pleased to invite expression of interest for empanelment as Subject Matter Expert for forming the panel on Statutory Audit. The expert should have at least 5 years of experience in Statutory Audit of Entities (Member should be proficient in Standards on Auditing, CARO, Internal Financial Controls with reference to Financial Reporting).

The member should be willing to devote 3 to 4 hours in a week for any 10 weeks during the period of this Panel. The Panel will work from 16th April, 2022 to 30th September, 2022.

Persons interested are requested to fill in the form and upload their brief profile at https://forms.gle/NmTRFH3PcPW6wG6z9 latest by April 13, 2022.

The Board will evaluate the responses and the shortlisted ones will be contacted for further discussion. It may be noted that the decision of the Board will be final in this regard.

For any further information email us at aasb@icai.in

We look forward to your active participation in this initiative.

Warm regards,

Chairman and Vice-Chairman
Auditing and Assurance Standards Board
The Institute of Chartered Accountants of India