What does SA 240 mean?
SA 240 deals with the auditor’s responsibilities towards frauds in the financial statement audits. It explains how the material misstatements in the financials due to fraud can be identified, assessed and appropriate procedures to detect can be implemented.
What is the L in 304L stainless steel?
The “L” in 304L can be interpreted as meaning extra-low carbon. This difference of 0.05% carbon content produces a slight, but marked, difference in the performances of the two alloys.
What is ASTM A240 Type 304?
304 and 304L ASTM A240 stainless steel plate is a standard 18-8 material – meaning it contains 18% chromium and 8% nickel. 304 Stainless steel plate is one of the most versatile stainless steel materials available. It has excellent forming and welding characteristics.
What is SA 240 stainless steel?
1.4307 alloy comes in the category of Austenitic Stainless Steel which provides good strength on high temperature as well corrosion resistance to sulphuric acid. 304L Stainless Plate is an ideal and economical steel plate to make chemical storage containers and milk tankers.
Is not a limitation of audit as per SA 240?
Answer: It is because of inherent limitation of an audit the practitioner can’t assure the user of f.s.t that the f.s.t are absolutely free from material misstatement. As a result of these limitations auditor is expected to provide reasonable assurance.
What is SA 249 material?
ASME SA 249 TP316L stainless steel tube is a type of welded tube, ASME SA 249 specification specifies Aaustemitic steel welded tubes for heat exchanger system, It is the same with ASTM A249 standard, TP316L stainless steel is typical grade used in special environment, which require good corrosion resistance steel.
Which is better SS304 or ss304l?
Type 304 and 304L have very similar chemical and mechanical properties. The only difference between them is the carbon content; the 304 stainless steel has a maximum range of carbon of 0.08% whereas the 304L has a maximum range of 0.03%. As a result, it significantly reduces corrosion resistance of steel in this zone.
Which is better SS304 or ss316?
Since Type 316 stainless steel alloy contains molybdenum bearing it has a greater resistance to chemical attack than 304. Type 316 is durable, easy-to-fabricate, clean, weld and finish. It is considerably more resistant to solutions of sulfuric acid, chlorides, bromides, iodides and fatty acids at high temperature.
What is audit of financial statements under SA 200?
Requirements. This primary requirement of this SA is an IA has to obtain reasonable assurance that the financial statements are free from material misstatements whether due to fraud or error. Also to: Identify and assess risk of material misstatement based on understanding of the entity and its internal control.
What kind of plate is SA 240 Type 304?
SA 240 Gr 304 Material 1 AISI 304 Plate 2 SA240 Gr304 Hot Rolled Plates 3 SA 240 Type 304 Chequered Plate 4 Stainless Steel Material no 1.4301 2B Plate 5 4×8′ quilted 304 Stainless Steel Plate
Which is ASME SA240 grade 304L stainless steel sheet?
Before buying ASTM a240 type 304L material from India please refer to accurate details about Equivalent Grades of ASME SA240 Grade 304. The Equivalent Grades are 1) Werkstoff number: 1.4301 2) UNS No : S30400 3) BS : 304S31 4) EN : X5CrNi18-10 5) AFNOR: Z7CN18‐09 6) JIS : SUS 304.
When to use 304 and 304L stainless steel?
Heat exchangers, architectural trim and molding is also a common place in which 304 and 304L stainless steel plate is used. 304 and 304L stainless steel plate is also frequently used in woven or welded screens for mining, in the petroleum refining process, quarrying and in water filtration systems.
Which is Jindal 304 cold rolled sheet in Maharashtra?
Jindal 304 cold rolled Sheet Distributor in Maharashtra also Get SS 304 Strips, Stainless steel sheet 304 2b finish and 304 stainless steel Plate #4 finish at Manufacturer and Supplier