External Confirmation from debtor gives evidence about existence or valuation ?
Anonymous Quiz
18%
Good evidence about existence
6%
Good evidence about valuation
29%
Good evidence about both
47%
Good for existence but may not cover all aspects such as ability to pay required for valuation
Forwarded from AuditGuru | CA Ravi Taori | AIR
CA Final & CA Inter Audit
Revise Audit in 12hrs & also cover 200 IMP Questions
CA Final Video Playlist
https://tinyurl.com/ReviseFinalAudit
CA Inter Video Playlist
https://tinyurl.com/ReviseInterAudit
Revise Audit in 12hrs & also cover 200 IMP Questions
CA Final Video Playlist
https://tinyurl.com/ReviseFinalAudit
CA Inter Video Playlist
https://tinyurl.com/ReviseInterAudit
For CA Final
Is communication with previous auditor required in case of energy audit, environment audit, operation audit etc ?
https://auditguru.in/question/prof-ethics-8/
Is communication with previous auditor required in case of energy audit, environment audit, operation audit etc ?
https://auditguru.in/question/prof-ethics-8/
Forwarded from CA. Jai Chawla (Jai Chawla)
FR Chart Revisions (Season 2)
https://www.youtube.com/playlist?list=PLdkIUEQXkkYOlJWzLzvykDrmCNLmY5gz1
FR Chart Revisions (Season 1)
https://www.youtube.com/playlist?list=PLa1WSAAXot8uUBnFPpqs2rwkwCqnqUKVL
https://www.youtube.com/playlist?list=PLdkIUEQXkkYOlJWzLzvykDrmCNLmY5gz1
FR Chart Revisions (Season 1)
https://www.youtube.com/playlist?list=PLa1WSAAXot8uUBnFPpqs2rwkwCqnqUKVL
CA Final Audit— Last Day Revision Strategy
Updated & Edited for Nov 22 Exams
(Simply Click Blue Text for Videos & Audios)
Use FADU Chart Revision (Adjust Speed As Per Comfort) + Use Audio Revisions For Chapters Not Covered in FADU + Cover IMP Questions Side by Side)
See IMP Question List
Total Buffer Time of 230 Minutes Which You can use as required in Below Schedule, when ever you fall behind. So you have buffer of almost 4 hours.
CA Final FADU 2.0 Smart Digital Book (Not Downloadable)
Day-1 — After SFM
Slot-1 — 7 PM to 10:30 PM
Professional Ethics 210 Min (FADU 160 Min)
Slot-2 — 10:30 PM to 12 PM & 7:00 Am to 8:30 AM
Co Audit (Including Dividend & NFRA) — 180 Min (FADU 30 Min Dividend & NFRA Not Covered in FADU Chart Book)
Day-2 — 1 Day Before Audit
Slot-3 — 8:30 AM to 12:30 PM
CARO — 45 Min (FADU 20 Min)
SA 300 Series — 120 Min (FADU 50 Min)
SA 400 Series — 20 Min (FADU 10 Min)
SA 600 Series — 30 Min (FADU 30 Min)
Slot-4 — 12:30 PM to 4:00 PM
SA 700 Series — 60 Min (FADU 40 Min)
Audit of CFS — 20 Min (Audio 13 Min)
Liability of Auditor — 15 Min (FADU 10 Min)
Internal Management & Operational Audit — 20 Min (FADU 20 Min)
NBFC — 25 Min (Audio 25 at 1.2x Speed)
Peer Review — 20 Min (FADU 20 Min)
Amendment of Peer Review (Not Covered in FADU Video, Covered in FADU 2.0 Charts) — (15 Min, 1.5x 10 Min)
Quality Review — 20 Min (FADU 15 Min)
Slot-5 — 4:00 PM to 7 PM — (90 Min Buffer & Excess Time in AAE Chapter, You can Use it Else Where As Required)
Audit Committee & Corporate Governance — 60 Min (FADU 50 Min)
Amendment of Audit Committee & Corporate Governance (SEBI LODR) (Not Covered in FADU Video, Covered in FADU 2.0 Charts) — (25 Min , 1.5x 15 Min)
Audit in Automated Environment — 30 Min (No FADU & No Audio, Focus on IMP Questions)
Slot-6 — 7:00 PM to 12 AM (20 Min Buffer Time)
Tax Audit — 60 Min (FADU 60 Min)
PSU — 30 Min (FADU 20 Min)
Due Diligence — 15 Min (FADU 10 Min)
Investigation — 15 Min (FADU 15 Min)
Forensic Audit — 15 Min (FADU 15 Min)
SA 500 Series — 135 Min (FADU 90 Min)
Day-3 — Exam Day When Finally Studies get Over :)
Slot-7 — 7:00 AM to 10:30 AM
SA Intro & SQC 1 — 10 Min (No FADU & No Audio, Focus on IMP Questions)
Risk Assessment & Internal Control — 10 Min (Apart from SA Based Topics) (No FADU & No Audio, Focus on IMP Questions)
Planning Strategy Execution — 10 Min (Apart from SA Based Topics) (No FADU & No Audio, Focus on IMP Questions)
Insurance — 65 Min (Audio 45 Min, 1.2x 35 Min)
Bank Audit — 65 Min (Audio 50 Min 1.2x 40 Min)
SA 200 Series 60 Min ( FADU 60 Min)
Slot-8 — 10:30 AM to 12:30 PM
Buffer Time — Use it for important things not yet covered
Get all our free resources at below given link
https://Tinyurl.com/AuditGuruAllinOne
All the Best 💪
Love you all 😊
Updated & Edited for Nov 22 Exams
(Simply Click Blue Text for Videos & Audios)
Use FADU Chart Revision (Adjust Speed As Per Comfort) + Use Audio Revisions For Chapters Not Covered in FADU + Cover IMP Questions Side by Side)
See IMP Question List
Total Buffer Time of 230 Minutes Which You can use as required in Below Schedule, when ever you fall behind. So you have buffer of almost 4 hours.
CA Final FADU 2.0 Smart Digital Book (Not Downloadable)
Day-1 — After SFM
Slot-1 — 7 PM to 10:30 PM
Professional Ethics 210 Min (FADU 160 Min)
Slot-2 — 10:30 PM to 12 PM & 7:00 Am to 8:30 AM
Co Audit (Including Dividend & NFRA) — 180 Min (FADU 30 Min Dividend & NFRA Not Covered in FADU Chart Book)
Day-2 — 1 Day Before Audit
Slot-3 — 8:30 AM to 12:30 PM
CARO — 45 Min (FADU 20 Min)
SA 300 Series — 120 Min (FADU 50 Min)
SA 400 Series — 20 Min (FADU 10 Min)
SA 600 Series — 30 Min (FADU 30 Min)
Slot-4 — 12:30 PM to 4:00 PM
SA 700 Series — 60 Min (FADU 40 Min)
Audit of CFS — 20 Min (Audio 13 Min)
Liability of Auditor — 15 Min (FADU 10 Min)
Internal Management & Operational Audit — 20 Min (FADU 20 Min)
NBFC — 25 Min (Audio 25 at 1.2x Speed)
Peer Review — 20 Min (FADU 20 Min)
Amendment of Peer Review (Not Covered in FADU Video, Covered in FADU 2.0 Charts) — (15 Min, 1.5x 10 Min)
Quality Review — 20 Min (FADU 15 Min)
Slot-5 — 4:00 PM to 7 PM — (90 Min Buffer & Excess Time in AAE Chapter, You can Use it Else Where As Required)
Audit Committee & Corporate Governance — 60 Min (FADU 50 Min)
Amendment of Audit Committee & Corporate Governance (SEBI LODR) (Not Covered in FADU Video, Covered in FADU 2.0 Charts) — (25 Min , 1.5x 15 Min)
Audit in Automated Environment — 30 Min (No FADU & No Audio, Focus on IMP Questions)
Slot-6 — 7:00 PM to 12 AM (20 Min Buffer Time)
Tax Audit — 60 Min (FADU 60 Min)
PSU — 30 Min (FADU 20 Min)
Due Diligence — 15 Min (FADU 10 Min)
Investigation — 15 Min (FADU 15 Min)
Forensic Audit — 15 Min (FADU 15 Min)
SA 500 Series — 135 Min (FADU 90 Min)
Day-3 — Exam Day When Finally Studies get Over :)
Slot-7 — 7:00 AM to 10:30 AM
SA Intro & SQC 1 — 10 Min (No FADU & No Audio, Focus on IMP Questions)
Risk Assessment & Internal Control — 10 Min (Apart from SA Based Topics) (No FADU & No Audio, Focus on IMP Questions)
Planning Strategy Execution — 10 Min (Apart from SA Based Topics) (No FADU & No Audio, Focus on IMP Questions)
Insurance — 65 Min (Audio 45 Min, 1.2x 35 Min)
Bank Audit — 65 Min (Audio 50 Min 1.2x 40 Min)
SA 200 Series 60 Min ( FADU 60 Min)
Slot-8 — 10:30 AM to 12:30 PM
Buffer Time — Use it for important things not yet covered
Get all our free resources at below given link
https://Tinyurl.com/AuditGuruAllinOne
All the Best 💪
Love you all 😊
Telegram
AuditGuru | CA Ravi Taori | AIR
Finally, 50% of Descriptive Questions May Come From This IMP Questions List | CA Final Audit
Amendment of Audit Committee & Corporate Governance (SEBI LODR) (Not Covered in FADU Video, Covered in FADU 2.0 Charts) — (25 Min , 1.5x 15 Min)
Amendment of Peer Review (Not Covered in FADU Video, Covered in FADU 2.0 Charts) — (15 Min, 1.5x 10 Min)
Amendment of Prof Ethics — NOCLAR (Already Covered in FADU Revision Video) — (10 Min)
Amendment of Bank Audit — No Conceptual Changes, No Changes in Limit, Only some points added & reduced. You can ignore it.
Amendment of Peer Review (Not Covered in FADU Video, Covered in FADU 2.0 Charts) — (15 Min, 1.5x 10 Min)
Amendment of Prof Ethics — NOCLAR (Already Covered in FADU Revision Video) — (10 Min)
Amendment of Bank Audit — No Conceptual Changes, No Changes in Limit, Only some points added & reduced. You can ignore it.
REPORT ON CORPORATE GOVERNANCE
Submission Time — 21 days from the end of each quarter.( Earlier it was 15 days from the close of
quarter
Submission Time — 21 days from the end of each quarter.( Earlier it was 15 days from the close of
quarter
Tax Audit
If cash receipts & payments are 5% or less, turnover limit will increase from 1 crore to 10 crore, earlier this limit was 5 crore
If cash receipts & payments are 5% or less, turnover limit will increase from 1 crore to 10 crore, earlier this limit was 5 crore
How was CA Final Audit Paper ?
Anonymous Poll
11%
Easy but lengthy
32%
Medium & Managable
57%
Tough & Lot of New Questions
CA Final Audit Paper May 22.pdf
5.5 MB
CA Final Audit Paper May 22.pdf
CA Final Audit Suggested Answers May 22 Exams...pdf
29.6 MB
Paper Review, Suggested Answers, Way Forward CA Final Audit May 22 Exams
Paper Review, Suggested Answers, Way Forward CA Final Audit May 22 Exams
https://youtu.be/2d_OA-GPOfw
https://youtu.be/2d_OA-GPOfw