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Regular Audit Updates / Tips / Videos / Notes for CA Inter & CA Final Audit
by CA Ravi Taori

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Low Coverage of Portion ☹️😓😥

https://youtu.be/pLgo3jjQ4NI
Clarification regarding NBFC Minimum Net Owned Fund.

ICAI module says it is 2 crore, then it says for certain NBFCs it is 10 crores.

So end conclusion we have to follow 2 crores only. All ICAI questions are solved as per that.

As per rbi website 10 crore will take time to get implemented, it will be from 2027, so let's just ignore 10 crores.
Negative Wordings For Assurance is Used in Following Standards

SRE 2400
SRE 2410
SAE 3400 on Assumptions
Must Remember things in Audit

-- All SA Numbers & Name
-- PE Clauses
-- CARO Clauses
-- Clarifications of clause 6 and 7
-- Council General Guidelines 2008
40 Hrs Still Left
Even if you Remove 12 Hrs of Rest. Still you have 28 Hrs.

It's a good time to revise the whole subject. Ideally you get only this much time to revise whole subject.

Don't go indepth, have overviews.

Just remember key points to focus on. You have to write in own good audit language. Cramming is not solution.

Use our any SA or Chapter pdf file. IMP marking PDF Files.

Plan it wisely. Use our 3 day plan for time allocation planning.

https://tinyurl.com/cafinalallinone
Chapter wise weightage and strategy
When you don't know answers 😔

What to do ?

Think about

- All SAs in a sequence
- All PE Clauses
- All Caro Clauses
- All Co Act Relevant Sections

Generate beautiful answer, write your own AUDIT language.

Show full confidence and write 1.5 to 2 pages for 4 marks and so on.

Beautiful answers get 25-30 % marks even if they are not bang on target.

Self Confidence, Strong Mindset, Super Energy and Execution will make you damn successful.

RT
When you do RTP MTP don't judge your knowledge, you are trying to do 3 hr thing in 30 minutes, with majority batteries discharged, learn from it.

Real war is tomorrow not today, don't unnecessarily demoralise yourself.

Back yourself, be super confident, go for kill, high confidence will make your recall something which you read 1 year back.

You are the best
You have done loads of hardwork
Trust yourself, boost yourself.

RT
Now is the time to trigger positive affirmations, say it n number of times.

"aasan hai, history create karenge"

RT
List of All SAs SREs SAEs & SRSs with name and number.

See this link

https://www.icai.org/Resources.html
All my best wishes and blessings are with you guys.

Stay confident, back yourself, be superb. You can do it. It's your time to create history.

Have amazing time in audit.

All the best.

RT
Hoe was ca final audit paper?
Anonymous Poll
7%
Super
22%
Average
28%
Horrible
43%
Just to See Poll
Paper 6 Audit Index Ravi Sir Titanium.pdf
841.2 KB
Paper 6 IBS Audit Index Ravi Sir Audit Titanium Concept Book
CA Inter

Revise Any Concept Any SA Any Chapter Any Part

https://t.me/AuditGuru/4398

Revise Any IMP Questions Any SA Any Chapter Any Part

https://t.me/AuditGuru/4399
🤩CA Inter Audit All Free Resources at One Place

✔️ PDFs of Bhaskar Concept Book, Param Question Bank, FADU Chart Book & MCQ Book
✔️ Playlist links to Concept Revision, 250+ IMP Question Revision & Top 100 Case Based MCQs
✔️Super Quick Revision of Ch 3 Risk Assessment & Internal Control & Ch 5 Audit of Item Financial Statements
✔️Detailed Revision of Tricky Ch 3, Ch 5 & Ch 9
✔️Audio Revision

https://tinyurl.com/CAInterAllinOne
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