Be Your Inspiration

Page no : 2

Sathish M (Management Accountant) (40581 Points)
Replied 20 May 2013

Originally posted by : Ankur Garg
	Thanks for this nice post Mr. Ashish. Good selection indeed. Keep sharing.

1 Like

Upgrade to CAclubindia Pro. Subscribe Now!

(Guest)

Dear Nitish.

Audit exam involves practical knowledge while solving question of Accounting Standard, Auditing Standard, Company Law and ethics related.

And most of them are repititive in nature, if you refer previous year question and rtp's you may be able to understand how institutes deal with that, it may help you to understand the questions(what has asked and what to answer) and then you can make your own language to answer that question.

Hope now problem is solved.

1 Like

Sathish M (Management Accountant) (40581 Points)
Replied 20 May 2013

Originally posted by : Nitish Agrawal

hi,everyone...I am in a big trouble here as i am finding it very difficult to solve the practical que of Audit exam(CA Final)...as my attempt is nov'13 i m a bit worry about what wil hapen if i wil not able to solve those ques...i hope u all understood my problem...plz sugest any remedy...plz advise me what to do for better preparation of audit

Firstly complete your Audit syllabus from a Standard book and then take up Practice Manual, this will give you fair idea of answering the questions in the examination. You need to try reading the questions couple of times and comprehend it before getting started to solve it.

Relax and study the paper in a cool ambience, don't get tensed. Keep practising and later you will become a master.

Best of Luck

1 Like

Sathish M (Management Accountant) (40581 Points)
Replied 20 May 2013

Yes agree with the observations made by Ashish sir. Try to break the topics of Audit into various segments viz., Accounting Standards, Standards on Audit, Guidance Notes, Company Audit, Special Audits, Insurance and Bank Audit, Professional Ethics etc.

Now you have to analyse the questions asked in the past examination and try to write down your answers and compare it with the solution, you will be able to assess your level of preparation and the answer expected at final level by the Institute. Please understand usually many students take Auditing paper casually because they think they have done something during their articleship and they are in a position to answer any questions that is asked in the exam. But the crux in Audit paper is the level of understanding and presentation which matters the most.

Bhushan Jaju (Student) (970 Points)
Replied 21 May 2013

nice post ashish..keep sharing

Upgrade to CAclubindia Pro. Subscribe Now!

Nitish Agrawal (CA) (810 Points)
Replied 21 May 2013

Thanx a lot ashish sir and satish sir for your precious reply it has boost up my confidence level, and certainly it wil help me to do better in Auditing exam....Thanx a lot......