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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 😊

Must Watch CA Final Audit Strategy For May 2022 !!!

https://youtu.be/kExxkIVXmoI

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.

REPORT ON CORPORATE GOVERNANCE

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

Paper Ke Pehle Ek Zeher Hojaye 🤣🤣🤣

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CA Final Audit Paper May 22.pdf

We know paper was difficult. Further our team feels good, when students appreciate our good work.

Thanks❤

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

Whether all sub questions should be solved together at one place?

Inter Audit Last Day Plan, Sequence, Average Mark Allocation of Past 6 Exams

(Edited & Updated for Nov 22 Exams)

With Revision Videos & Audios

(Simply Click Blue Text for Videos & Audios)

1st Use FADU Chart Revision (Adjust Speed As Per Comfort)
2nd Cover IMP Questions Side by Side

Try to cover topics in given time.

See IMP Question List Link

Param Question Bank

CA Inter FADU 2.0 Smart Digital Book (Not Downloadable)

Day 1 -- After Accounts Paper

06:30 PM to 10:00 PM Ch-10 Co Audit (14 Marks) (FADU 75 Min Watch this Lec at 0.75 Speed)

10:00 PM to 12:00 PM Ch -01 Nature, Objective, Scope (6 Marks) (FADU 60 Min 1.25x)

Day 2 -- One day before Audit

07:00 AM to 11:00 AM Ch-03 Audit Doc & Evidence (9 Marks) (FADU 120 Min 1.25x)

11:00 AM to 12:00 PM Ch-02 Strategy, Planning & Programme (6 Marks) (FADU 30 Min 1.25x)

12:00 PM to 04:00 PM Ch-04 Risk Assessment & Internal Control (6 Marks) (FADU 90 Min 1.25x)

04:00 PM to 06:00 PM Ch-12 Audit of Bank (6 Marks) (FADU 60 Min 1.25x)

(11 Marks for below 3 topics of Ch 13)
06:00 PM to 08:00 PM Ch-13 Government Audit (FADU 20 Min 1.25x)
06:00 PM to 08:00 PM Ch-13 Co-Operative Society (FADU 15 Min 1.25x)
06:00 PM to 08:00 PM Ch-13 Other Entity (FADU 20 Min 1.25x)

08:00 PM to 09:00 PM Ch-06 Audit in Auto Env (5 Marks) (FADU 20 Min 1.25x)

09:00 PM to 10:30 PM Ch-11 Audit Report (4 Marks) (FADU 40 Min 1.25x)

10:30 PM to 12:00 PM Ch-05 Fraud & Responsibilities of Auditor (5 Marks) (FADU 35 Min 1.25x)

Day 3 -- Exam Day

07:00 AM to 10:00 AM Ch-09 Audit of Item of FST (9 Marks) (FADU 40 Min 1.25x)

10:00 AM to 11:00 AM Ch-07 Audit Sampling (4 Marks) (FADU 40 Min 1.25x)

11:00 AM to 12:00 PM Ch-08 Analytical Procedures (4 Marks) (FADU 20 Min 1.25x)

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To apply
Please fill the form in the link

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Inter Audit Last Day Plan, Sequence, Average Mark Allocation of Past 5 Exams

With Revision Videos & Audios


(Simply Click Blue Text for Videos & Audios)

1st Use FADU Chart Revision (Adjust Speed As Per Comfort)
2nd Cover IMP Questions Side by Side

Try to cover topics in given time.

See IMP Question List Link

Param Question Bank

CA Inter FADU 2.0 Smart Digital Book (Not Downloadable)

Day 1 -- After Accounts Paper

06:30 PM to 10:00 PM Ch-10 Co Audit (14 Marks) (FADU 60 Min 1.25x)

10:00 PM to 12:00 PM Ch -01 Nature, Objective, Scope (7 Marks) (FADU 60 Min 1.25x)

Day 2 -- One day before Audit

07:00 AM to 11:00 AM Ch-03 Audit Doc & Evidence (8 Marks) (FADU 120 Min 1.25x)

11:00 AM to 12:00 PM Ch-02 Strategy, Planning & Programme (6 Marks) (FADU 30 Min 1.25x)

12:00 PM to 04:00 PM Ch-04 Risk Assessment & Internal Control (6 Marks) (FADU 90 Min 1.25x)

04:00 PM to 06:00 PM Ch-12 Audit of Bank (6 Marks) (FADU 60 Min 1.25x)

(12 Marks for below 3 topics of Ch 13)
06:00 PM to 08:00 PM Ch-13 Government Audit (FADU 20 Min 1.25x)
06:00 PM to 08:00 PM Ch-13 Co-Operative Society (FADU 15 Min 1.25x)
06:00 PM to 08:00 PM Ch-13 Other Entity (FADU 20 Min 1.25x)

08:00 PM to 09:00 PM Ch-06 Audit in Auto Env (5 Marks) (FADU 20 Min 1.25x)

09:00 PM to 10:30 PM Ch-11 Audit Report (4 Marks) (FADU 40 Min 1.25x)

10:30 PM to 12:00 PM Ch-05 Fraud & Responsibilities of Auditor (5 Marks) (FADU 35 Min 1.25x)

Day 3 -- Exam Day

07:00 AM to 10:00 AM Ch-09 Audit of Item of FST (11 Marks) (FADU 40 Min 1.25x)

10:00 AM to 11:00 AM Ch-07 Audit Sampling (4 Marks) (FADU 40 Min 1.25x)

11:00 AM to 12:00 PM Ch-08 Analytical Procedures (3 Marks) (FADU 20 Min 1.25x)

Live on YT Today's Paper

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