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Audit preparation for CA Final

CA Final 2459 views 10 replies

hi guys i am appearing for ca final attempt in nov 12 and i want to know how to prepare for audit paper in totality;

i m taking any classes for audit paper .

so guide me how to prepare for it at home

Replies (10)

Hi Ankit,

As you said you've joined classes for Audit, I think you wanted to say that you had not joined any classes; right ? Well if you've not joined then I would say don't go for the classes. Audit is a self study subject, and because of its theoritical nature it could be grasped only if you yourself giving it due time and attention. 

For the study material; you refer some wholesome notes(may be any book in market or class notes of an expert faculty) along with practice manual provided by ICAI. In case of conflict with provisions look for the study module for the redressal. 

Try to learn audit thoroughly because you are supposed to be an expert in the same, and keeping this thing in mind your answers will be valued in the exam. Go for giving a reference( e.g. SAs, ASs, IFRSs) in your answers as they depict your sound understanding and learning of the syllabi.

I think all above is enough....Please go through it; you'll never regret audit and your scoring a 70+ are higher if you gave in to these words.

All the Best

sorry dude its my mistake actually i haven't taken any classes for audit

 

haan...I had got you already..

please find the enclosed material,i think it wil help u a lot

hii....is d link above f amended notes....hv heard tht SA'S nd code f ethics hv bn changed..plss help me guys...

is studying Audit through Surbhi Bansal book will be sufficient??

I'm attaching what Mr.Rammohan attached. But this is in the pdf format.

Strategy to prepare Audit

 

QUICK READING APPROACH

 

First give ICAI audit study a quick reading to understand the depth and figure out the efforts and time required for final preparation. You would appreciate that through this quick reading you would be able to figure out where extra efforts are required in audit subject and plan accordingly.

 

Make necessary notes or put suggestions or mark strategy for yourself on the study book during first reading. This task helps you to deal with audit subject later on during final preparation. Pre-condition for this first study is --- go ahead for quick study with a completely relax and chilled mind. Your main purpose behind this quick study is observation and formation of a plan to deal with audit.

 

During first study ride prepare a plan for final preparation. Also use scanner for making the plan. Later on use any good notes to prepare. Remember at this moment you have everything in your mind like what is imp along with basic idea of the topic and chapter.

 

SPECIAL ATTENTION TO SA AND AS

 

Also give special attention to SA and AS. Only good knowledge of SA and AS is not enough but you must understand the technique to apply SA and AS in audit practical problems. For this purpose refer ICAI suggested answers and observe the application of SA and AS to the problem. Another benefit of this task is—it also helps you to understand SA and AS in a much better way.

 

The suggestion above is based on my personal understanding and may easily be rejected or accepted by you. In any case please share your feedback.

 

All the Best and Regards

For a very useful and detailed file of Company Audit, check the link given below:

CA FINAL CHAPTER WISE LAW NOTES--PART-I

 

 

USEFUL AUDIT DISCUSSIONS

APPOINTMENT OF AUDITOR BY SPECIAL RESOLUTION

RESOLUTIONS, NOTICES, LETTERS RELATED WITH AUDITOR

PROCEDURE FOR APPOINTMENT OF AUDITOR

IF AUDITOR REFUSES TO ACCEPT APPOINTMENT

REMOVAL OF AUDITOR IN THE PVT. LTD. COMPANY  

APPOINTMENT OF AUDITOR

REMOVAL OF AUDITOR U/S 225

LIMIT ON NUMBER OF AUDITS

REG APPOINTING A STATUTORY AUDITOR

CAN RELATIVE OF A DIRECTOR APPOINTED AS AUDITER OF CO

APPOINTMENT OF AUDITORS OTHER THAN RETIRING AUDITORS

 

Can anybody give me chapterwise distribution of marks in past exams for audit ?


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