CA Inter Audit Study Material By CA Pankaj Garg Jan 26 Exam

Description

• [Comprehensive & Updated Coverage] Incorporates all latest changes in Company Law, Code of Ethics (Revised 2024), Engagement & Quality Management Standards (SQC 1, SA 220), and Audit Report Revisions


• [Self-learning Framework] Designed for independent study with logical sequencing, clear definitions, and incremental learning


• [Tabular and Flowchart Presentation] Complex inter-relations (e.g., risk assessment, audit evidence, and quality control) are condensed into comparative tables and visual connectors


• [Concept-application Integration] Links theoretical propositions with audit cases, firm policies, and procedural examples


• [Revision-friendly Format] Summaries, checkpoints, and key-term highlights at every chapter end


• [Exam-aligned Language] Concise, point-wise drafting supports easy memorisation and replication in ICAI exam papers


• [Pedagogical Reinforcement] 'Quick Recap,' 'Concept Check,' and 'Practical Insight' boxes ensure balanced cognitive recall

• Nature, Objective & Scope of Audit
  
  
  
  • Core audit philosophy, independence, and professional judgement
  
  
  
  


• Audit Strategy, Planning & Programme
  
  
  
  • Risk-based approach, engagement planning, and documentation
  
  
  
  


• Risk Assessment & Internal Control
  
  
  
  • Identification, testing, and evaluation of control frameworks
  
  
  
  


• Audit Evidence
  
  
  
  • Nature, sufficiency, reliability, sampling, and analytical procedures
  
  
  
  


• Audit of Items of Financial Statements
  
  
  
  • Verification, valuation, and substantive testing of key account areas
  
  
  
  


• Audit Documentation
  
  
  
  • Standards on documentation, retention policies, and confidentiality
  
  
  
  


• Completion & Review
  
  
  
  • Final review procedures, subsequent events, and going-concern assessment
  
  
  
  


• Audit Reports
  
  
  
  • Form, content, modifications, and responsibilities under SA 700–720 series
  
  
  
  


• Special Audits
  
  
  
  • Statutory and regulatory audits of different entities (NPOs, firms, LLPs, etc.)
  
  
  
  


• Audit of Banks
  
  
  
  • Comprehensive audit programme aligned with RBI guidelines, provisioning norms, and NPAs
  
  
  
  


• Ethics & Terms of Audit Engagements
  
  
  
  • Core professional ethics, independence threats, SQC 1, and SA 220 principles
  
  
  
  

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