The Auditing and Assurance Standards Board (AASB) is a nonstanding Committee of the Institute of Chartered Accountants of
India (ICAI). The prime objective of AASB is formulating
Engagement and Quality Control Standards (Standards on
auditing, review, other assurance, quality control and related
services). AASB also formulates Guidance Notes on generic as
well as industry specific issues in auditing, Technical Guides,
Implementation Guides and other publications for guidance of the
members. The Board organizes regular awareness programmes
on Engagement and Quality Control Standards, industry specific
auditing issues and other auditing aspects to update knowledge of
the members.

Standards on Auditing prescribe the fundamental principles of
audit which need to be followed by auditors in audit engagements.
The Implementation Guides to Standards on Auditing issued by
AASB are important resource for auditors to understand the
principles and requirements of these Standards. These
Implementation Guides help auditors in effective implementation
of Standards on Auditing.

Over the years, AASB has been issuing number of
Implementation Guides to various Standards on Auditing for the
benefit of auditors. I am happy that AASB has published the
“Implementation Guide to Standard on Auditing (SA) 580, Written
Representations”. The Implementation Guide is written in simple
language in the form of frequently asked questions (FAQs) on SA
580 and their responses.

I compliment CA. (Dr.) Sanjeev Kumar Singhal, Chairman, CA.
Vishal Doshi, Vice Chairman and all members of AASB for their
efforts in bringing out this Implementation Guide for the benefit of
the members.

I am confident that the members would find this Implementation
Guide very useful in their professional assignments.
February 3, 2023
New Delhi
CA. (Dr.) Debashis Mitra
President, ICAI