Hi,
Can anyone suggest me how to prepare and exactly grasp the CAFinal Auditing. I am facing problems as follow:
1) I tend to learn the chapter and since I do not have practical experience in topics like peer review, audit of SEBI, Environment audit, energy audit and such other topics, i tend to forget those completely in few days and start from scratch. Thus i am not able to take them in completely and correctly at first place itslef due to high degree of imaginations
2) For auditing standards, the words i prduce are not matching with the actual professional language of the standard and this gives me a sese that i am unable to produce the same correctly
Please suggest or share me how one prepares for audit by answering following questions:
1) Do u learn the topics like co-op society audit, audit of indirect tax, sebi audit, PSU audit, mgmt and operational audit etc.?
2) If u learn these topics how long does it take to learn each topic?
3) Once by hearted, how do u mange to remember them? how frequently do u revise them?
4) What exact method do u follow to study an sstandard on auditing (SA) ? wht exactly do u study? Do u learn that standard so as to produce it or what exactly do u grasp in it?
Thanks in advance