Auditing

CAN ANYONE PLEASE SUGGEST SOME EFFECTIVE WAY TO STUDY AUDITING FOR MAY 2011 EXAMINATIONS(IPCC)....

IT'S MY FIRST ATTTEMPT AND I HAVE NOT STARTED MY AUDITING PREPARATIONS YET!!

Replies (7)

hie..u have plenty of time so need not worry....do u have books??i would suggest Surbhi bansal's book mainly and DS RAWAT's books for SAs......give importance to SAs as u will have to quote it in most of the answers to fetch good marks...and be confident with Company Audit part..its very much related to law and many topics are same..have good command on AS from Accounts too.....

i would suggest u to take a compiler from the beginning....that will help a lot..

regards,

Sneha

GO FOR SURBHI BANSAL FROM NOW

and also go for compilers  last two to three months ,,,,,,,,, preferably pe 2 compiler because wide collection of past questions are found there

study from the modules its more than  enough , no book can provide a better covergage then module specially for auditing , if u r not compartable or u like the question and answer format then go for paduka for refrence but the modules cant be ignored they are far better than any book available in market have a look on module u will get a diffrence .
by urself

Thanks to all for ur guidence..

go through surbhi bansal and compiler

for auditing there are three basic and important areas to focus on

1)standards on auditing & guidance notes(V.V.imp)

2)company audit -focus on appointment, removal, qualifications ,disqualifications,audit report,CARO.

3)specialized audit

and have basic knowledge of accounting standards and audit of payments & reciepts...

these are the utmost imp areas.....apart from these u have to study the module atleast twice....

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