CAN ANYONE PLEASE SUGGEST SOME EFFECTIVE WAY TO STUDY AUDITING FOR MAY 2011 EXAMINATIONS(IPCC)....
IT'S MY FIRST ATTTEMPT AND I HAVE NOT STARTED MY AUDITING PREPARATIONS YET!!
anu mathai (articled assistant) (32 Points)
02 December 2010CAN ANYONE PLEASE SUGGEST SOME EFFECTIVE WAY TO STUDY AUDITING FOR MAY 2011 EXAMINATIONS(IPCC)....
IT'S MY FIRST ATTTEMPT AND I HAVE NOT STARTED MY AUDITING PREPARATIONS YET!!
Sunshine
(Helping All)
(10575 Points)
Replied 02 December 2010
hie..u have plenty of time so need not worry....do u have books??i would suggest Surbhi bansal's book mainly and DS RAWAT's books for SAs......give importance to SAs as u will have to quote it in most of the answers to fetch good marks...and be confident with Company Audit part..its very much related to law and many topics are same..have good command on AS from Accounts too.....
i would suggest u to take a compiler from the beginning....that will help a lot..
regards,
Sneha
Ankur
(Ipcc student)
(332 Points)
Replied 02 December 2010
and also go for compilers last two to three months ,,,,,,,,, preferably pe 2 compiler because wide collection of past questions are found there
study from the modules its more than enough , no book can provide a better covergage then module specially for auditing , if u r not compartable or u like the question and answer format then go for paduka for refrence but the modules cant be ignored they are far better than any book available in market have a look on module u will get a diffrence .
by urself
Santhosh Poojary
(SIEMPRE AHÍ PARA TI)
(15607 Points)
Replied 02 December 2010
Thanks to all for ur guidence..
Ganesh iyer
(C.A M.com B.com(accounting and finance) ncfm)
(75 Points)
Replied 03 December 2010
for auditing there are three basic and important areas to focus on
1)standards on auditing & guidance notes(V.V.imp)
2)company audit -focus on appointment, removal, qualifications ,disqualifications,audit report,CARO.
3)specialized audit
and have basic knowledge of accounting standards and audit of payments & reciepts...
these are the utmost imp areas.....apart from these u have to study the module atleast twice....