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

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CA Final AUDIT FAST TRACK by CA Ravi Taori

🔹Applicable from May 20 on-wards
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▪️Cover entire Audit in just 60 Hours
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https://auditguru.in/product-category/fast-track-courses/
Relate the statement to the respective opinion: "Subject to / Except effect of:"
Anonymous Quiz
18%
a) Disclaimer of opinion
64%
b) Qualified opinion
8%
c) Adverse opinion
10%
d) Unmodified opinion
Following are _________ proportionate to the extent of audit documentation. Size/Complexity/Risk/Nature and extent of exceptions.
Anonymous Quiz
80%
a) directly
13%
b) indirectly
5%
c) reverse
1%
d) converse
An auditor determines higher level of materiality for a particular area, however the article assistant instead of being informed about the higher level of materiality performed detailed audit procedures. What will be its effect on detection risk?
Anonymous Quiz
63%
Detection risk will decrease
24%
Detection risk will increase
12%
No impact on detection risk
2%
None of the above
The books of account and other books and papers maintained by the company within India shall be open for inspection at the registered office of the company or at such other place in ________________.
Anonymous Quiz
50%
India by any shareholder during business hours
43%
India by any director during business hours
4%
India by any director 24 *7
2%
India by any shareholder 24 *7
As per SA 570, Loss of licenses or labour unrest is a:
Anonymous Quiz
8%
Financial Indicator
76%
Operating Indicator
15%
Other Indicator
1%
None of the above
"Feedback of Online Video Batch by Sandeep Patil"

Your expertise in teaching has put our minds at ease. We are so grateful to have you as our teacher .
Your expertise clear all doubt and gave deep understanding about subject.It help me to learned from A TO T of AUDIT .It is great experience to learn from you , no matter how much I remember while writing this feedback but I know that I enjoy a lot while studying .
I know that such understanding will help me to clear final with best score in audit .We will miss your dead karane vale jokes and one best Catchphrase "honhar buddhiman shaktiman auditor",
Thank you so much sir😊
While sampling auditor detected anomalous misstatement. Whether such misstatement should be included while projecting misstatement of population?
Anonymous Quiz
48%
Yes, every misstatement should be considered
8%
SA is silent about it
20%
Yes, it is part of sampling
24%
No, it should not be considered as per SA 530
Dharmit Shah
"Feedback of Online Video Batch by Dharmit Shah"
Sir,
There are many things which I loved about your audit lectures.

Let's start with your teaching skills:
Sir, the way you make us understand each and every concept with the technique to memorize answers is fabulous. The way you repeat each concepts one after the other to make it more clear is an amazing thing.

If we talk about the notes:
The coverage of the notes are up to the mark. Notes are way appealing and we feel like reading it again and again with all the tree diagram wherever possible, charts, some shortcuts, etc. Param question bank is amazing covering all the relevant questions. The revision lectures you upload after every class are way helpful to remember the things better.

Let's talk about you as a person:
Sir, you never said "No" to anyone in the batch, whether that is for repeating the concept or clearing the same doubt again and again. This is the thing I liked the most. I remember the day when you weren't feeling well but still you took the first session and gave us the break and still said that we will continue after the break if you feel better. So this is the thing which shows that how you are loyal to your work and don't want our portion to get delayed.

Now I would like to say a big Thank you for teaching us the subject in a best possible manner with the best material available till date.
"Feedback of Online Video Batch by Atul Jain"

Hello, Audit subject ke Baadshah. The extent of efforts you put into teaching this subject are incomparable.
Truly speaking, Initially while buying the lectures I had a confusion whether to join this live batch or not, I now feel that was one of the best decisions I made. Only by saying "ekdum easy, ekdum aasan" while explaining most answers, you actually create an interest among us to deeply get involved in each of the questions. Solving each and every doubt on the app while explaining the answers feels like sitting in a Face to Face batch with much more added benefits. I couldn't have asked anything more while in between this pandemic phase. From your daily revision audio/video lectures to Cracking "Zeher" wala jokes, I have started loving this subject and also assure you to clear CA Final with best score in Audit.
We are so grateful to have you as our teacher. I would honestly recommend each and every CA final student to take your lectures, as this classes not only help to score high but also students will fall in love with Audit.
Thank you so much Sir 😊. We really love you.