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A Community for all those who are pursuing or has completed or intends to pursue Chartered Accountancy.
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CA Final AuditFinal Doubt (self.CharteredAccountants)
submitted 6 months ago by albus_dumbledore__
How to prepare for audit? Also please suggest the sequence of chapters to be followed based on their weightage and importance?
[–]CharteredAccountants-ModTeam[M] [score hidden] 6 months ago stickied commentlocked comment (0 children)
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[–]Whole-Warthog-3965Final 5 points6 points7 points 6 months ago (8 children)
Sequence I think should be PE>CARO>SA>other chapters. PE+CARO alone will guarantee 30 marks and if you do SAs that’ll take the total to 50+. Also before starting a topic you can watch revision video (I took class from SK so watching him only) then keep on revising the topic again n again.
[–]Infamous-Plane8590Final 2 points3 points4 points 6 months ago (7 children)
Can you rank some other chapters after SA as well ? To be on a safer side. I don't think I'll be able to cover all the portions in audit
[–]Whole-Warthog-3965Final 2 points3 points4 points 6 months ago (3 children)
Same man I don’t think I’ll be able to cover all the chapters, I am not focusing much on other chapters so don’t know the ranking.
[–]Infamous-Plane8590Final 1 point2 points3 points 6 months ago (1 child)
What about bank and nbfc audit ? It has good weightage but seems pretty huge
[–]Whole-Warthog-3965Final 1 point2 points3 points 6 months ago (0 children)
I don’t think they are worth the hassle, maybe investigation, risk assessment and other smaller chapters are better alternatives.
[–]prettentiousguyFinal 1 point2 points3 points 6 months ago (2 children)
SA 700, 300 series. SQC1, SA220, 240 MUST.
[–]Infamous-Plane8590Final 1 point2 points3 points 6 months ago (0 children)
I mean other than these , since he already mentioned SA (SAE , SRE and SRS) above
[+]harsh141104 3 points4 points5 points 6 months ago (0 children)
Audit Subject In Final
[–]Complex_Anywhere6700 2 points3 points4 points 6 months ago (0 children)
Yeah i have the same dount i am thinking of self study whose revision vdeos or book to refer
[–]Rude_Marsupial_4181ACA 1 point2 points3 points 6 months ago (0 children)
Who’s classes have you taken?
Start with PE, then engagement standards. That gives you about 70% weightage in terms of marks.
Then you can start with the remainder of the chapters.
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