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Ca final audit

Saket Gupta (Student CA Final ) (77 Points)

20 January 2016

Can anybody help me in how to write answers of questions asked on SAs in Audit exam

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4 Replies

CA Rahul Soni (Student ) (368 Points)
Replied 20 January 2016

Refer Practice manual and suggested issued by ICAI

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CA PRIYANSH SURYAWANSHI (M.Com M.A. Economics CA) (1294 Points)
Replied 20 January 2016

The most imp thing is language what u use..
Quoting SA nmbr is not sufficient in Audit.. Ur answer must contain some keywords which are used in SAs. i m sure u must be aware of some words
For exa- Nature timing and extent, Test of details, sufficient audit evidence etc etc
Highlight these words in your answer and confuse the checker that u r using technical words..
Ur answer must contain a conclusion in last that whether auditor should give a qualified report adverse report or clean report as per the reqrmnt of que
This line is must in every answer of audit.. For better practice use PM

1 Like

CA Saba Naaz (Chartered Accountant) (8487 Points)
Replied 21 January 2016

In audit, linking your answers with the various Accounting standards relevant for a particular question and various provisions of the companies act will help. And quoting SA name and number, AS name and number and sections of companies act help in better presentation of the answer.

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QLI Coaching for CA CS (www.qli.co.in) (539 Points)
Replied 26 January 2016

Dear Saket,

Here are a few tips to help you write answers:

1. Quote the Standard first: Use exact words as is in the Study Material.
2. Give a descripttion of the Standard.
3. Elaborate the question and relate it to the Standard, this is where you give the actual solution.
4. Write the conclusion paragraph in the language of the books.
5. Write other Standards you can relate to the question.

All the Best!

QLI Success Oriented Coaching for CA and CS

www.qli.co.in

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