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Book for ipcc auditing

Shivam (Audit Assistant) (127 Points)

26 August 2010

Hello EVERY1 I am going to write my ipcc exams in nov 2010....... pls suggest that which book i should buy for auditing?? i hav not started preparation for auditing so suggest a book whose lang is simple......REPLY FAST ITS URGENT....

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Ankur Garg (Company Secretary and Compliance Officer) (114773 Points)
Replied 26 August 2010

For Auditing you may refer - VK Agarwal OR Padhuka along with scanner and suggested answers issued by ICAI.

Also refer ICAI Study material for reference purpose.

STRATEGY TO PREPARE AUDIT

QUICK READING APPROACH

First give ICAI audit study a quick reading to understand the depth and figure out the efforts and time required for final preparation. You would appreciate that through this quick reading you would be able to figure out where extra efforts are required in audit subject and plan accordingly.

Make necessary notes or put suggestions or mark strategy for yourself on the study book during first reading. This task helps you to deal with audit subject later on during final preparation. Pre-condition for this first study is --- go ahead for quick study with a completely relax and chilled mind. Your main purpose behind this quick study is observation and formation of a plan to deal with audit.

During first study ride prepare a plan for final preparation. Also use scanner for making the plan. Later on use any good notes to prepare. Remember at this moment you have everything in your mind like what is imp along with basic idea of the topic and chapter.

SPECIAL ATTENTION TO SA AND AS

Also give special attention to SA and AS. Only good knowledge of SA and AS is not enough but you must understand the technique to apply SA and AS in audit practical problems. For this purpose refer ICAI suggested answers and observe the application of SA and AS to the problem. Another benefit of this task is—it also helps you to understand SA and AS in a much better way.

The suggestion above is based on my personal understanding and may easily be rejected or accepted by you. In any case please share your feedback.

All the Best and Regards

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