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IPCC May 2013 Audit Important

Deepak Gupta (CA Student) (15922 Points)

10 March 2013

Compiled by: Pankaj Garg (CA, CS, CMA – All India topper, Gold Medalist)
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1) List of Important Questions – Except SA
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2) List of Important Questions – Standards on Auditing
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3) List of Important Sections – Companies Act, 1956 for IPCC Audit

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6 Replies

CMA. CS. Sanjay Gupta ("PROUD TO BE AN INDIAN") (114225 Points)
Replied 10 March 2013

Wonderful Sharing as usual....Thanks...

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Deepak Gupta (CA Student) (15922 Points)
Replied 22 March 2013

Standards on Auditing Questions with Answers
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(In the above post, only questions are uploaded. Now same file can also be downloaded with answers.)

Attached File : 555789 1154652 question ansstandardsonauditing.pdf downloaded: 454 times

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Durga (student ) (424 Points)
Replied 23 March 2013

hey can u upload the answers for 1st topic as well ??? i gone through the question after reading the company audit chapter .. would like to know how the answers are to be presented ...

Deepak Gupta (CA Student) (15922 Points)
Replied 24 March 2013

Originally posted by : Durga
	hey can u upload the answers for 1st topic as well ??? i gone through the question after reading the company audit chapter .. would like to know how the answers are to be presented ...

I don’t have the answers file for “Questions – Except SA”.
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> As far as presentation is concerned, keep the answers concise and write point wise instead of paragraphs.
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> At IPCC level, quoting of Sections is not necessary but if you can do that, it will definitely be an added advantage and consequently will have a positive effect on your scores.
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> From the past few attempts, ICAI is not emphasizing on case study based questions. But if they come, your answer should be split in two parts. First one is fact of the cases and second one is the relevant concept and finally give your conclusion.
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> Don’t be over cautious while answering a particular question. This will eat up your time. Remember 5 adequately answered questions will fetch you more marks then 3 best answered questions.
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> Those students who have started their articleship after Group 1, should include their relevant practical experience while answering the questions. This helps to integrate the theory with practical and leaves a good impression on the examiner.