28 SA 250

SA 250- Consideration of Laws and Regulation in an Audit of Financial StatementsResponsibility of Management for Compliance with Law and RegulationsIt is the responsibility of management,* with the oversight of those charged with governance,* to ensure that the entity’s operations are conducted in accordance with the provisions of laws and regulations,* including compliance with the provisions of laws and regulations that determine the reported amounts and disclosures in an entity’s financial statements.Policies are Procedures Implemented by Management to assist in the prevention and detection of non-compliance with laws and regulations.For CA Inter & Final Classes, checkout EDU91CA Final Classes: https://www.edu91.org/s/pages/ca-finalACCA Classes: www.learn91.comGet Affordable CA Inter & Final Classes with high value-added services.Thanks for listening to the podcast “Audit By Neeraj”. Subscribe for free to receive new Audit Podcasts.Listen to more podcasts- This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit www.aforaudit.com