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Ca final exams

Final 499 views 8 replies

Hi Friends,

I am going to write CA final Group one in this may and i am fine with the other three subjects but finding very diddicult in Auditing preparetion.

Please suggest me to how to prepare auditing.

Replies (8)

search in youtube you can get opinion from many authors

you must be perfect in  "SA" , Professional ethics & Company audit

remaining topics just have a look & cover amendments thats enough

No worry,you said that you are fine in the remaining three subjects,so just prepare the auditing what extent you can,but don't think negative like you can't.
be positive.
according to me, firstly strong your professional ethics for 16 marks, den company audit, thereafter remaining topic and in the end do SA's coz SA are vry difficult to write in exam.
For audit..stick to professional language..since general or layman language will not fetch u marks.
Focus primarily on PE,Company audit,CARO and other special audit...and for SA's,see Pankaj Garg revisionary videos.

In Audit, the right phrases and words are important. Often, the language of the Institute is what pushes students to pass the subject. Whichever Author you refer to, make sure to refer to the PM as well to learn how to phrase your answers.

In Audit, start by writing the premise of your answer, follow it up by the definition (if any) and derive your opinion from the same.

Chapters like Professional Ethics and Standards of Auditing can carry 30–40 marks in totality. Learn the Professional Ethics and SAs and follow them up by reading different questions in the PM.

Chapters like Audit under CIS, Audit of Banks, Audit Report, Audit under Fiscal Laws, Company Auditor, Risk Assessment and Internal Control etc always appear in the papers. Look through the markwise distribution to mark the important chapters.

Learning the rest of the chapters will give you an edge, but do remember there are some chapters which seem to be vastly different. For example, Audit of Banks should be done from the PM rather than any author as the questions are markedly different.

Don't learn it blindly. Try and understand the matter first. If you have done your internship in an Audit based firm, this shouldn't be hard but chapters like Peer review can be difficult for some students.

Don't underestimate lines and sentences that seem to have no consequence. There have been questions asked for 4 marks from such innocuous seeming sentences.

You might not be able to complete the portion. Aim to tackle 85% of the chapters (markwise) well.

Read the RTP and amendments.

Thankyou so much sir 

thankyou so much sir


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