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Audit

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29 April 2014 WHAT IS THE WEIGHTAGE OF A/C STANDARDS IN CA-FINAL AUDIT EXAM..?ARE THEY ASKED FRQUENTLY BY INSTITUTE?
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CA SURENDRA KUMAR RAKHECHA

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CA SURENDRA KUMAR RAKHECHA (Expert)
30 April 2014 Without knowing the practical application of accounting standards; can one be able to conduct the audit?
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Whenever you are required to answer the question; your base is accounting standards.
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CA SURENDRA KUMAR RAKHECHA

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CA SURENDRA KUMAR RAKHECHA (Expert)
30 April 2014 Since students think accounting and auditing standards both are altogether different hence to quote accounting standards in auditing paper is not required but the reality is auditing standards can work only and only if accounting standards are well known.
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CA SURENDRA KUMAR RAKHECHA

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CA SURENDRA KUMAR RAKHECHA (Expert)
30 April 2014 This is the only reason (i.e. not quoting relevant accounting standards) that students score too low in AUDITING.
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