Strategy To Prepare For The Auditing

CA Madhukiran Reddy (CHARTERED ACCOUNTANT) (12714 Points)

02 November 2010  

 

CA PCC ­ Inputs for exams ­ Paper 2 – Auditing & Assurance

 

1. If you have attended the classes, please go through the class notes first and then read the book.

2. The pattern of the question paper is as follows:

(a) State with reasons (10/12 * 2m) = 20 marks

(b) Comment as an auditor = 20 marks

(c) Theory question = 10 marks

(d) Theory question = 10 marks

(e) Theory question = 10 marks

(f) Theory question = 10 marks

(g) How will you vouch (2 * 5) = 10 marks

(h) Short notes (2 * 5) = 10 marks

3. In items (g) and (h), please note the internal choice given properly.

4. Be thorough with the Auditing Standards.

5. Write the answer in points as it will fetch you good marks.

6. Please go through the RTP prescribed for your attempt, as sometimes the exams problem is one of the RTP questions.

7. Time will not be a constraint.

8. Do not give lengthy answers but be brief and to the point.

9. In question no. (b), use the pattern where your answer clearly distinguishes:

The facts of the case @

The provisions of the law @

Analysis of the case @

Conclusion @

This will definitely fetch you more marks.

10. In question no. (g), if Notice is given, there can be some common points which will be verified in all the items. So while preparing, just make a separate list of verification items which are common in all. This will definitely help.

 

 

ALL THE BEST FOR YOUR EXAMS

 

With Regards

Madhu Kiran

 https://madhukiran.caclubindia.com