Terence. J. D'Souza (Analyst) (36 Points)
19 August 2010Please could someone provide me with the same. Probably even a method of study & presentation of the paper.
Please reply only with tried & tested methods, the last thing I require is ambigous advice right now....Thanks !!!
Manmohan ACA, CS
(Chartered Accountant )
(14243 Points)
Replied 19 August 2010
three steps to complete audit
(1) but surbhi Bansal (or Kamal Garg)
(2) read chaptter as follows Chartered Accountant Act and Professional Ethics Company audit and dividend audit Report Special Audit Bank Audit Audit of stock exchanges Audit of General Insurance compnay Maangement and operational audit Tax Audit then other topic
(3) daily read one Standard of Auditing
mehul kishnani
(student)
(264 Points)
Replied 19 August 2010
1. Ethics-Also read past question from compilation
2. AAS
3. AS-Also read past question from compilation
4. Company Audit
5. Special Audit
6. Insurance audit, stock exchange n Insurance-read compilation its enough u will get more than 70% from there.
7. Mgmt Audit
8.Rest Chapters
finally all d best
Ankur Garg
(Company Secretary and Compliance Officer)
(114773 Points)
Replied 20 August 2010
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
Ankur Garg
(Company Secretary and Compliance Officer)
(114773 Points)
Replied 20 August 2010
Please find enclosed herewith my file to deal with Company Audit.
Thanks
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