Full name of SA 200 as given by ICAI is
**SA 200: Overall Objectives of the Independent Auditor and the Conduct of an Audit in Accordance with Standards on Auditing**
and matter of said SA as Given by issuing body i.e. ICAI is as under...
This Standard establishes the independent auditor’s overall responsibilities when conducting an audit of financial statements in accordance with SAs
Ethical Requirements Relating to an Audit of Financial Statements —
The auditor should apply the following fundamental principles of professional ethics relevant when conducting an audit of financial statements;
(c) Professional competence and due care;
(e) Professional behaviour
**Sufficient Appropriate Audit Evidence and Audit Risk**— To obtain reasonable assurance, the auditor shall obtain sufficient appropriate audit evidence to reduce audit risk to an acceptably low level and thereby enable the auditor to draw reasonable conclusions on which to base the auditor’s opinion
**`Conduct of an Audit in Accordance with SAs`** —
The auditor shall comply with all SAs relevant to the audit. An SA is relevant to the audit when the SA is in effect and the circumstances addressed by the SA exist. The auditor shall have an understanding of the entire text of an SA, including its application and other explanatory material, to understand its objectives and to apply its requirements properly. The auditor shall not represent compliance with SAs in the auditor’s report unless the auditor has complied with the requirements of this SA and all other SAs relevant to the audit.
if any doubt plz let me know.
Arjun Pratap Singh