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

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For CA Final

Can statutory audit use work of internal audit for observing inventory count conducted by management ?

https://auditguru.in/question/sa610-using-internal-auditor-for-inventory-count/
For CA Final

What is meaning of year calendar or financial for 4 meetings of audit committee ?

https://auditguru.in/question/corporate-governance-regulation-18/
For Everyone

Whether negative comment in caro will lead to modified opinion on financial statements ?

https://auditguru.in/question/caro-7/
For CA Final

If there is breach of council guidelines on advertisement, which clause should be referred ?

https://auditguru.in/question/professional-ethics-71/
For Final

Can MCC provide management & operational audit services ?

https://auditguru.in/question/professional-ethics-76/
For Everyone

Can BOD appoint Branch Auditor if power is delegated to them ?

https://auditguru.in/question/branch-auditor-appointment/
For CA Final

Is there any change in position because addition in module related, to interest in family business of CA in practice ?

https://auditguru.in/question/audit-4/
For CA Final

Don't loose marks even after giving correct answer ? Such mistakes can lead to loss of crucial marks ?

https://auditguru.in/question/more-than-1-clause-in-professional-ethics/
For CA Final

Having access to corporate assets ? Whether self interest threat or self review threat ?

https://auditguru.in/question/clear-identification-of-self-interest-threat-and-self-review-threat/
For Everyone

Combined interpretation of limit of 20 & 30 co audit after amendment ?

https://auditguru.in/question/celing-limit-for-audit/
For CA Final

What is credit card indebtedness limit for bank auditor ? 10,000 or 1,00,000 is there any change as compared to last attempt ?

https://auditguru.in/question/professional-ethics-73/
For Everyone

If joint auditors are giving separate report then they have to refer to each others report, which para will be used to refer each other ?

https://auditguru.in/question/sa299-reference-in-joint-audit-report/
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For CA Final

In clause 29B we have to report for items received without consideration or for in adequate consideration. Do we have to report items below 50,000 ? What if amount exceed 50,000, whether we have to disclose full amount or amount exceeding 50,000 ?

https://auditguru.in/question/audit-under-fiscal-law-tax-audit-7/
For CA Final

Auditor came to know facts after signing audit report but before issuing it to public ? Management agreed to amend financial statements. Is auditor suppose to put EMP or OMP to explain this whole situation ?

https://auditguru.in/question/sa-560-9/
For Everyone

Can we give reference notes to accounts in basis of opinion para ? or Only in EMP we can refer notes to accounts ?

https://auditguru.in/question/ca-final-whether-the-matters-related-to-revenue-recognition-be-shown-under-emphasis-of-matter-paragraph/