Paper 6 :

Auditing and Assurance

Auditing and Assurance

01   Nature, Objective and Scope of Audit

 

Lecture icon  4 Lectures                Know More

03   Audit Documentation and Audit Evidence

 

Lecture icon   6 Lectures                Know More

05   Fraud and Responsibilities of the Auditor in this Regard

 

Lecture icon  3 Lectures                Know More

07   Audit Sampling

 

Lecture icon  2 Lectures                Know More

09   Audit of Items of Financial Statements

 

Lecture icon  13 Lectures                Know More

11  Audit Report

 

Lecture icon  Lectures                Know More

13   Audit of Different Types of Entities

 

Lecture icon  8 Lectures               Know More

15   SA & Life

 

Lecture icon  2 Lectures                Know More

02   Audit Strategy, Audit Planning and Audit Programme

 

Lecture icon  Lectures                Know More

04   Risk Assessment and Internal Control

 

Lecture icon  4 Lectures                Know More

06   Audit in an Automated Environment

 

Lecture icon  3 Lectures                Know More

08   Analytical Procedures

 

Lecture icon  1 Lectures            Know More

10   The Company Audit

 

Lecture icon  5 Lectures                Know More

12    Audit of Banks

 

Lecture icon   4 Lectures                Know More

14   MCQ – Inter

 

Lecture icon  3 Lectures                Know More

16  Amendments for May 2021 Exams

 

Lecture icon  5 Lectures                Know More

About Auditing and Assurance

 

Chartered Accountants are popularly known as “Auditors”. Auditing in simple words means the process of verification. Auditing is one of the areas where authority is given exclusively for Chartered Accountants. This subject provides insights to the basic concepts of auditing that must be followed in practical scenarios. “Auditing is a melting pot of all other subjects may it be accounting, Law, taxation or even EIS ”.This paper enables you to understand about key areas in auditing such as various types of audit opinion, audit report format, obligations required under various laws, etc. An auditor ought to have expert knowledge of the subject and hence this paper is set as a foundation for practical training & CA Final.

The topics covered in Auditing & Assurance at CA Intermediate Level 

  • Nature, Objective & Scope of Audit, Audit strategy, Planning and Programme
  • Audit Documentation & Evidence
  • Risk Assessment and Internal control
  • Fraud and Responsibilities of Auditor in this regard
  • Audit sampling, procedures, Analytical procedures
  • Audit of items of financial statements (Vouching & verification)
  • Company Audit & Audit report
  • Audit of Banks and different types of entities

The best approach to study Auditing & Assurance

  • It is a common misconception that Auditing & Assurance is a theory paper; indeed, it is the most practical oriented paper in the CA course
  • While answering any question, think with an open-mind, do not limit the answers to auditing text books. Relate it to knowledge gained in other subjects, link it and write all the relevant points
  • Write hand-written notes. This has 2 advantages: (i) You analyse while you write and (ii) They are your last-minute savior
  • Try using the same language of standards as used in the books
  • Start speaking in Auditing language! 
  • Do not quote incorrect SA numbers or wrong sections

Learn on the go!

Credit system allows you to plan your learning smartly and with flexibility. Watch the video to find out more about how the credit system works, and how you can leverage this for your success.

For More Information Contact >> 8088427846

Request a Call Back