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Regular Audit Updates / Tips / Videos / Notes for CA Inter & CA Final Audit
by CA Ravi Taori

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Yesterday 1 student posted 40 different doubts on auditguru.in, we solved all his queries in detail. He was very happy, he was amazed, sir how you did it so meticulously and within short time. We keep getting such questions again and again, how can you do so many things ?

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The application for approval shall be made to
the Central Government for removal of auditor
before expiry of term within ________ of the resolution passed by the Board.
Anonymous Quiz
27%
fifteen days
66%
thirty days
6%
seven days
1%
forty days
The auditor took help of auditor's expert however later it was found that auditor's expert did not performed his duties diligently. Responsibility of work lies with whom?
Anonymous Quiz
75%
Auditor
12%
Auditor's expert
11%
Auditor and Auditor's expert only
2%
Management
As per SA 720, the auditor shall _________the other information.(Only For CA Final Students)
Anonymous Quiz
22%
Verify
49%
Review
12%
Read
17%
Evaluate
In case LLPs files relevant documents after their due dates only additional fees will be required, if the delay is of _______.
Anonymous Quiz
35%
less than 300 days
16%
less than 200 days
45%
less than 100 days
3%
less than 400 days
In case of concurrent audit, appointment of an external audit firm may be initially for__ year and extended up to__ years. (Only for CA Final)
Anonymous Quiz
33%
three, five
15%
three, two
27%
one, five
25%
one, three
Obtaining the ageing report of loans and advances, split between not currently due, 30 days old, 30-60 days old, 60- 180 days old,180-365 days old and more than 365 days old addresses the following assertion: (Only for CA Inter/IPCC)
Anonymous Quiz
29%
Existence
25%
Completeness
34%
Valuation
13%
Rights and Obligations
What is the last date for submitting Long Form Audit Report?
Anonymous Quiz
46%
30th June
12%
31st July
38%
30th September
5%
31st March