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

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Must watch for May 22 Exams !!!

https://youtu.be/nLtNj9FSMvE
Imp question list for final and inter is already available see file section.



Final https://t.me/AuditGuru/2591

Inter https://t.me/AuditGuru/2594
Missing Questions.pdf
289.3 KB
CA Final Audit
For IMP questions you have to see soft copy of param + additional questions + this missing question files.

our new edition for nov 22 covers everything, this is for may 22 students
CA Final & CA Inter Audit
Revise Audit in 12hrs & also cover 200 IMP Questions

CA Final Video Playlist

https://tinyurl.com/ReviseFinalAudit

CA Inter Video Playlist

https://tinyurl.com/ReviseInterAudit
For CA Final

Is communication with previous auditor required in case of energy audit, environment audit, operation audit etc ?

https://auditguru.in/question/prof-ethics-8/
CA Final Audit— Last Day Revision Strategy

Updated & Edited for Nov 22 Exams

(Simply Click Blue Text for Videos & Audios)

Use FADU Chart Revision (Adjust Speed As Per Comfort) + Use Audio Revisions For Chapters Not Covered in FADU + Cover IMP Questions Side by Side)

See IMP Question List

Total Buffer Time of 230 Minutes Which You can use as required in Below Schedule, when ever you fall behind. So you have buffer of almost 4 hours.

CA Final FADU 2.0 Smart Digital Book (Not Downloadable)

Day-1 — After SFM

Slot-1 — 7 PM to 10:30 PM

Professional Ethics 210 Min (FADU 160 Min)

Slot-2 — 10:30 PM to 12 PM & 7:00 Am to 8:30 AM

Co Audit (Including Dividend & NFRA) — 180 Min (FADU 30 Min Dividend & NFRA Not Covered in FADU Chart Book)

Day-2 — 1 Day Before Audit

Slot-3 — 8:30 AM to 12:30 PM

CARO — 45 Min (FADU 20 Min)

SA 300 Series — 120 Min (FADU 50 Min)

SA 400 Series — 20 Min (FADU 10 Min)

SA 600 Series — 30 Min (FADU 30 Min)

Slot-4 — 12:30 PM to 4:00 PM

SA 700 Series — 60 Min (FADU 40 Min)

Audit of CFS — 20 Min (Audio 13 Min)

Liability of Auditor — 15 Min (FADU 10 Min)

Internal Management & Operational Audit — 20 Min (FADU 20 Min)

NBFC — 25 Min (Audio 25 at 1.2x Speed)

Peer Review — 20 Min (FADU 20 Min)

Amendment of Peer Review (Not Covered in FADU Video, Covered in FADU 2.0 Charts) — (15 Min, 1.5x 10 Min)

Quality Review — 20 Min (FADU 15 Min)

Slot-5 — 4:00 PM to 7 PM(90 Min Buffer & Excess Time in AAE Chapter, You can Use it Else Where As Required)

Audit Committee & Corporate Governance — 60 Min (FADU 50 Min)

Amendment of Audit Committee & Corporate Governance (SEBI LODR) (Not Covered in FADU Video, Covered in FADU 2.0 Charts) — (25 Min , 1.5x 15 Min)

Audit in Automated Environment — 30 Min (No FADU & No Audio, Focus on IMP Questions)

Slot-6 — 7:00 PM to 12 AM (20 Min Buffer Time)

Tax Audit — 60 Min (FADU 60 Min)

PSU — 30 Min (FADU 20 Min)

Due Diligence — 15 Min (FADU 10 Min)

Investigation — 15 Min (FADU 15 Min)

Forensic Audit — 15 Min (FADU 15 Min)

SA 500 Series — 135 Min (FADU 90 Min)

Day-3 — Exam Day When Finally Studies get Over :)

Slot-7 — 7:00 AM to 10:30 AM

SA Intro & SQC 1 — 10 Min (No FADU & No Audio, Focus on IMP Questions)

Risk Assessment & Internal Control — 10 Min (Apart from SA Based Topics) (No FADU & No Audio, Focus on IMP Questions)

Planning Strategy Execution — 10 Min (Apart from SA Based Topics) (No FADU & No Audio, Focus on IMP Questions)

Insurance — 65 Min (Audio 45 Min, 1.2x 35 Min)

Bank Audit — 65 Min (Audio 50 Min 1.2x 40 Min)

SA 200 Series 60 Min ( FADU 60 Min)

Slot-8 — 10:30 AM to 12:30 PM

Buffer Time — Use it for important things not yet covered

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Love you all 😊
REPORT ON CORPORATE GOVERNANCE

Submission Time — 21 days from the end of each quarter.( Earlier it was 15 days from the close of
quarter
Tax Audit

If cash receipts & payments are 5% or less, turnover limit will increase from 1 crore to 10 crore, earlier this limit was 5 crore