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How to prepapre auditing (ipcc) for nov 2014

27 August 2014

I am struggling with auditing ,so does it have any techniques to get atleast minimum marks in exam .hopefully waiting for the reply.

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Abhas Luahruwalla (Practicing Chartered Accountant) (29 Points)
Replied 27 August 2014

In case of scarcity of time priortise chapters: 1.Go for amendments thoroughly 2.vouching verification,don't try to mug up. Try understanding them.while studying just try to project yourself as a auditor doing audit. Eh.Like school audit : what all prospective areas are where auditing is req. There are two basic heads Income & Exp to be audited. 3. CAG audit These you should do necessarily. For SA's if ample time is not left try reading out Practice manual