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Audit and ISCA

Meghna Pareek (ca) (30 Points)

08 October 2012

m not being able to clear my final because of ISCA and Audit. need some serious advise

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13 Replies

ayesha (mcom) (1185 Points)
Replied 08 October 2012

read those two subjects daily . follow dinesh madan and surbhi bansal books.

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rahul (Chartered Accountant) (5572 Points)
Replied 08 October 2012

Strategy to Clear CA Final :

Strategy to Clear CA Final Group 1 – Click here for Group 1

Strategy to Clear CA Final Group 2 – Click here for Group 2

…..

You may refer the following books for your exam preparation –

Audit - Padhuka for important and practical topics (For other portion surbhi bansal) (Dont do selective study prepare practical chapters thoroughly eg PE, Co. Audit, Auditors Report, Tax Audit. (D S Rawat is good for SAs)

ISCA - Manish Valechha ISCA TextBook (BEST) (Memory Based Edition).... Best book to fetch high marks in ISCA. Very well written with awesome presentation ….The most comprehensive yet easy to understand textbook. It explains all topics with examples, diagrams, memory codes (refer Study Material if you have sufficient time but not actually required). And at last go through Practice manual for important questions. (Do not use Dinesh Madan, It is not good). To see more suggestions for ISCA ... visit the following link :

/forum/isca-boon-or-bane-for-ca-final-211602.asp

All the best.

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CA Konfused (Chartered Accountant & CFA Level 1) (302 Points)
Replied 08 October 2012

Yes, i also failed in last attemp only because of these to subjects, Now i dont think it is time to tell you about which book to refer, whichever book you have refered is good actually it does not matter,just read the question from practice manual and try to remember whatever you can ,what you can u need not focus but the points you dont remeber u need to focus.

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(Guest)

Agreed with Rahul,

For ISCA - Manish Velechha is good

Another important is What ever the book you prepared the result based on our presentation of answers in examination.

Whlie preparation read entire topics but study selective topics.

Present ansewers in point wise format not in paragraph format.

Concentrate more on ACCOUNTING STANDRADS,STANDARDS ON AUDITING AND PROFESSIONAL ETICHES which covers around 30 to 40 marks in Auditing.Don'T quote worng Standard Numbers,clause numbers,schedule numbers.

For ISCA - SDLC,RISK ANALYSIS,ERP,TESTING,CONTROL

Don't loose patience while preparing as well as writing exam.

All The Best!!!!!!

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C.A SUVAJIT SAHU (CA ( In Practice )) (708 Points)
Replied 09 October 2012

hi meghna ...........

Use practice manual + last 3 RTP's (including current rtp).

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Smita Kotiyal (CA Final Student) (78 Points)
Replied 09 October 2012

You should focus more on practical and technical areas, you will definitly pass this time. Follow manish valechha for isca it is very nice to high marks and paduka for auditing. Yoy can do sa from surbhi bansal.

CA Lokesh Pokharna (CA (Ahmedabad Bhilwara Chittorgarh)) (4128 Points)
Replied 09 October 2012

repetative study will help you in ICSA, while in audit practical things will help you ........

BHAVESH RAJPAL (B.COM, M.COM, CA FINAL) (204 Points)
Replied 09 October 2012

For

Audit - Paduka, SA - Surbhi Bansal & ISCA - Paduka.

Why Paduka, As Paduka has Fast Track Referncer, so it can be revised a day b4 xam

*RENU SINGH * (✩ §m!ℓ!ñġ €ม€§ fℓม!ñġ ђ♪gђ✩ ) (21627 Points)
Replied 09 October 2012

I am reading from Dinesh madan ... And I find it really good and definitely wanna refer the same for my

exams as well.

I personally don't agree with mnemonics because they are hard to remember at the exam hall .... once you forgot one thing ...you can forgot all ...

but conceptual clearity always remains the same. Even if you couldn't recall anything ....you can surely do something.

Study material is bit tough to read at one go ... so you can start with Practice manual first. And then your main book ( whatever it is dinesh madan or manish valechha ) ,....just after going through them it won't be tough to read study material .......

and for revision :-

you need to do just

1. read your main book

2. RTP

3. Suggested answer.

As I haven't done auditing .....so can't advise on the same.

CA Pooja Agarwal (Chartered Accountant) (3228 Points)
Replied 09 October 2012

Attempt 100 percent in exam

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CA Bharat malik (CA ,b.com(H) ) (33 Points)
Replied 09 October 2012

hey dear isca is something which needs atlest 2 - 3 readings after dat it will easier for u to learn . so dialy give 2 hours n hv a target of 5 -10 pages from D.madan sir, do underline n marking so dat easy for u on revision

in audit hv a good grip on P.E practise quest on dat also n pic chptr on daily basis n aftr compltng chptr go for manual

all d bst

Ki$hor B (Training & Advisory) (3015 Points)
Replied 10 October 2012

View the dvds of Dinesh Madan, unofficial ones circulated in the market, for conceptual clarity.

Then figure out the questions from PM/suggesteds.

You may view the dvds for the topics that you find confusing.

CA Gopal Somani (Associate Consultant at Infosys Ltd.) (464 Points)
Replied 11 October 2012

Hello Meghna,

For Audit you can refer Surbhi bansal' book. no matter which book or notes you are refering Practice manual And RTP 's of institute are very important, you should also refer them it will give you a great understanding of the manner of giving the answers..

For ISCA, revision (3 or 4 times) is necessary to learn. any book or notes having question-answer format is good for ISCA such as Paduka. Again practice manual is also important..

I hope it will help you !!

All The Best !!

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