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Do not hav confidence in audit?🥺

Last few days remaining  and not sure about audit.😱

Here is the revision plan to clear the audit paper😊

1.Digital audit and emerging areas (10 marks) 💯
Prepare thoroughly as direct questions are possible,
So u can score good marks here.

2.Professional Ethics (around 15 to 20 marks):
Dedicate 100% effort to this section as it carries significant weight. Easy scoring is possible here.
High chances that 1 quesiton will be asked on professional ethics from q2 to q6. So atleast 4 questions will appear in paper.

3. Bank and NBFC, PSU Audit, Due Diligence Investigation, Forensic, Internal audit and Group Audit:(15-19 marks)
Go through the concepts and
Do module questions and
recent 3 YEARS RTP MTP AND PYQ
Direct questions are possible, so
Dnt leave it for option as these questions are direct and scoring.
If not done till nw then atleast do Q and A, PYQ, MTP, RTP


4.Standards,SRE,SAE, CARO(50 marks):
Imp Standards SA220, SQC1, 240, 250,260,  265, 299, 315, 320, 330, 402, 505, 520, 530, 540, 550, 560, 570, 610, 620, 701, 705, 706, 800, 810.
While doing 700 series also complete CARO so u would have clear  idea about the reporting part.
If you haven't covered SAs yet or have left any SAs in option,then focus on Q&A from modules and
recent 3 years RTP, PYQ, and MTP.(It has very few questions bt there are chances of question appearing in paper)
Remember dnt leave any SA in option  even if it is C category. It covers the highest weightage of 50 marks.


Remember to allocate time wisely🕐 based on the marks allocation and complexity of each topic.
Good luck with your audit paper!
-CA Raj Badiyani
Tension mat lo, mein tumhare saath hu.

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📌 An Expert of Modern Strategy & Finance.  

📌 Writer of Study Material for the BOS of the ICAI as an Ext. Subject Expert, Visiting Faculty of the LVC, NIRC & WIRC of the ICAI at all levels with MCS Courses and Renowned Author of 17+ CA Found., CA Inter & CA Final Books.

📍 Mentored more than 1,00,000 CA Students, produced multiple AIRs and All India Highest Scorers. (10 AIRs, 12 Scored 80+, 90+ scored 70+, 2,000+ Exemptions & 2,500+ scored above 50)

📍 An IIMC Alumnus with 17+ years of Industry experience of working at senior management level with MNCs in India and abroad, like Macmillan, Tata McGraw Hills, Lexis Nexis, Trinity Press, Thomson, and more in the field of Product Development, Finance, Strategy and IS. 

📍 Om Sir’s unique and innovative style of teaching by linking every concept with real-life scenarios and corporate cases out of his personal experience makes him different and makes FM-SM “Easy, Interesting and Scoring”. 

📚📚 Best Study Material which covers 100% ICAI Mat., Past Year, Practical Questions, RTPs, MTPs, Cases & Scenarios and his own developed original questions and cases. 

📍 Supports every student with Personalized ZOOM Sessions, FREE Practice Batches, Test Series, Crash Courses, Marathons and LMR before every attempt.             

🏆 Introduced “MCQs in KBCA” Style very first time in teaching and that is like “Cherry on the Cake” & really makes learning in the class a joy. 
 
📌 If you really liked 💞 Om Sir’s teaching style and experienced the above, please share with your friends. 👍

Best Wishes - Prof. Om Trivedi ✌️
Forwarded from CA RAJ BADIYANI
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Presentation tips series for CA FINAL AUDIT by CA RAJ BADIYANI.
I will be posting daily 1 presentation tip on https://t.me/CARajbadiyani that will help you score better.

Tip no 1. BY CA RAJ BADIYANI

Tip for solving case scenario MCQs


Step 1. Read the 1st Para of the case scenario to understand the characters involved. For eg in above question we can  identify the auditor and the entity (e.g, Venus is the auditor, FHDC is the bank).

Step 2. Read the Questions Directly to know what they are asking for.

Step 3.Now Read the Case Scenario, to get the whole picture,but now u exaclty know what the requirements are.

Step 4. After reading the case scenario, read the questions again.

✔️ With the characters and story in mind, now answer the Q.
By following these steps, u can approach case scenario MCQs more efficiently, leading to faster and more accurate answers

How to study audit effectively for nov 24
Forwarded from CA RAJ BADIYANI
Tips by CA Raj Badiyani
🔍 Tip No. 2: Summarize the Question

It's important to create a short summary of the question. (🔖 Whether you're dealing with FR, AUDIT, DT, or any subject.)

Even case scenario MCQs, this technique is helpful.

‼️  AlR 2 who scored 82 in the Nov '22 Audit paper, used this technique (✏️ attached the answer of his rough working).

Summarizing the question will help you solve problems faster and more accurately.  🎯

🚧 Caution: dont make too much summary. Make it short so that you dont end up wasting time.

-CA RAJ BADIYANI

Presentation tip 1

How to study audit effectively


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