Advanced audit paper ca final may 2017

tell me one thing...what should be read in winding chaper as i have not covered all topics across that chapter so suggest me some significant topics so that i can focus on those only.

tax auditor & financial auditor have different objectives & both these audit is governed under separate law i.e IT LAW & company act ,2013. there is no restiction even tax auditor can perform his task & issue tax audit prior to financial audit. even tax audit is not completed with in time stipulated in income tax act1961, then entity is liable to pay fixed penalty. 

so , tax auditor can issue his tax audit report normally.

Originally posted by : venkat
	In management fraud I meant both points under 240 as and fraud reporting is it correct

Yes. That is the right way to present the answer. SA 240 and Section 143(12) must be neccesarily quoted.