SA-300
The documentation of the __________ is a record of the key decisions considered necessary for making a proper _________ for audit.
The documentation of the __________ is a record of the key decisions considered necessary for making a proper _________ for audit.
Anonymous Quiz
74%
overall audit strategy ; plan.
21%
plan ; overall audit strategy.
3%
blue print ; game plan
2%
game plan / blue print
SA-530
While sampling auditor detected anomalus misstatement.
Whether such misstatement should be included while projecting misstatement of population ?
While sampling auditor detected anomalus misstatement.
Whether such misstatement should be included while projecting misstatement of population ?
Anonymous Quiz
39%
Yes, every misstatement should be considered
12%
SA is silent about it
20%
Yes, it is part of sampling
30%
No, it should not be considered as per SA 530
CA Final Audit May 20 RTP Amendments (Auditguru.in).pdf
547.8 KB
May 20 RTP Amendments CA Final Audit https://youtu.be/haC7NqOumpY
#SuccessStories #YashSingh
1. What are 3 most important factors which contributed to your success?
1) Conceptual clarity
2) Support from Teachers and Parents
3) Hard work and determination
2. How teachings of Ravi Taori Sir / Team Auditguru.in helped in your success?
Support from Ravi sir has played an important role in my success, specifically through
1)His style of delivering the concepts, which gave immense knowledge and clarity,
2)The books provided during the classes which have full coverage along with good retention techniques and also the "Ultimate All in One Question Bank" provided me with the proper language required by ICAI
3)And "Super Revision" was very helpful as it helped me to revise the whole subject very easily and quickly
1. What are 3 most important factors which contributed to your success?
1) Conceptual clarity
2) Support from Teachers and Parents
3) Hard work and determination
2. How teachings of Ravi Taori Sir / Team Auditguru.in helped in your success?
Support from Ravi sir has played an important role in my success, specifically through
1)His style of delivering the concepts, which gave immense knowledge and clarity,
2)The books provided during the classes which have full coverage along with good retention techniques and also the "Ultimate All in One Question Bank" provided me with the proper language required by ICAI
3)And "Super Revision" was very helpful as it helped me to revise the whole subject very easily and quickly
#SuccessStories #MukundKhaddar #Jhansi
What are 3 most important factors which contributed to your success?
1. Right Advice and be open:
As I had been struggling to pass CA Inter since last 7 years, it was so frustrating to me to see that everyone including my juniors getting passed. It raised my inferiority complex and I started preferring to remain confined within the four walls. But this made the situation even worse. You assume that people will stop looking down upon you when you start being to yourself but it also means that you will shut the door of any right advice whatsoever. You can't do everything alone. Advice is needed when you're stuck and you don't know the right path. So always be open to your problem and share it to the one whom you think that their advice will do wonders for you. In my case, I found Ravi Sir as my Mentor.
2. Trust and implement whatever the teachings your seniors, teachers and mentor have given to you:
When you have given all your 100% and still couldn't make it then try to trust the process your mentors have given to you. There's a saying " You can't expect different results when you're doing the same thing over and over again". As Ravi Sir said, " Stop experimenting with your life".You think that again taking the classes will be a time wasting exercise. But remember, everything is considered to be a waste of time if you repeat the same process.
3. Be patient and stop comparing the turtle with the rabbit.
Everyone is doing the karma and getting the results according to their timeline. Some get the results early while some get late. Problem only arises when the turtle wanted to become the rabbit. So do your Karma everyday and leave the results to the almighty.
How teachings of Ravi Sir and Team Auditguru.in helped in my success ?
I first came across some YouTube videos of Ravi's sir way back in 2017. And I found them pretty accurate and point to point.Then when I used to go through Practice Manual of CA Inter Audit, I became easily frustrated because it was all scattered and I didn't know how to complete it. With Manuals like ABC analysis and PM analysis file, the task of covering Audit within the last 36 hrs became lot easier. I owe it to the entire team of AuditGuru for publishing this material for the students fraternity. At the end, Sir's last minute revisionary videos especially (the RTP ones before exams) helped me a lot in getting my concepts cleared in Audit. I congratulate Sir and the entire team of AuditGuru that they become the part of Success stories of many struggling students in every attempt. We all owe you a big time.
What are 3 most important factors which contributed to your success?
1. Right Advice and be open:
As I had been struggling to pass CA Inter since last 7 years, it was so frustrating to me to see that everyone including my juniors getting passed. It raised my inferiority complex and I started preferring to remain confined within the four walls. But this made the situation even worse. You assume that people will stop looking down upon you when you start being to yourself but it also means that you will shut the door of any right advice whatsoever. You can't do everything alone. Advice is needed when you're stuck and you don't know the right path. So always be open to your problem and share it to the one whom you think that their advice will do wonders for you. In my case, I found Ravi Sir as my Mentor.
2. Trust and implement whatever the teachings your seniors, teachers and mentor have given to you:
When you have given all your 100% and still couldn't make it then try to trust the process your mentors have given to you. There's a saying " You can't expect different results when you're doing the same thing over and over again". As Ravi Sir said, " Stop experimenting with your life".You think that again taking the classes will be a time wasting exercise. But remember, everything is considered to be a waste of time if you repeat the same process.
3. Be patient and stop comparing the turtle with the rabbit.
Everyone is doing the karma and getting the results according to their timeline. Some get the results early while some get late. Problem only arises when the turtle wanted to become the rabbit. So do your Karma everyday and leave the results to the almighty.
How teachings of Ravi Sir and Team Auditguru.in helped in my success ?
I first came across some YouTube videos of Ravi's sir way back in 2017. And I found them pretty accurate and point to point.Then when I used to go through Practice Manual of CA Inter Audit, I became easily frustrated because it was all scattered and I didn't know how to complete it. With Manuals like ABC analysis and PM analysis file, the task of covering Audit within the last 36 hrs became lot easier. I owe it to the entire team of AuditGuru for publishing this material for the students fraternity. At the end, Sir's last minute revisionary videos especially (the RTP ones before exams) helped me a lot in getting my concepts cleared in Audit. I congratulate Sir and the entire team of AuditGuru that they become the part of Success stories of many struggling students in every attempt. We all owe you a big time.
SA-710
In case of Comparitive financial statement approach, if last year audit was not done by the auditor or last year's financial statements were not audited then ,auditor shall refer in intro para and opinion para of :
In case of Comparitive financial statement approach, if last year audit was not done by the auditor or last year's financial statements were not audited then ,auditor shall refer in intro para and opinion para of :
Anonymous Quiz
29%
previous year, current year and shall mention the fact in other matter paragraph.
53%
current year and shall mention the fact in other matter paragraph.
13%
previous year and shall mention the fact in other matter paragraph.
5%
previous year and current year.
#SuccessStories #CANitinGupta #Meerut
This side Nitin Gupta from Meerut (U.P)
I have cleared my both groups in first attempt in Nov 19..
As all knows that in Nov 19 all the exams were toughest in new syllabus till yet..
But everything is possible with a proper guidance and proper execution..
Actually I was confident in each subject except audit..
But I have took classes from Ravi sir in IPCC also so I decided to took CA Final audit classes from Ravi sir as his way of teaching is very good..
If I wants to learn any topic of audit than it was not hard for me to learn after taking classes from Ravi sir..
Ravi sir taught like we r in 12th standard nd we know nothing.. This is very good for those students who has audit phobia..
I personally thank to Ravi sir bcoz on the last day of examination i was not able to recognize anything in audit..
Then I call Ravi sir.. To take some guidance for the exam...
This is the best part which I like a lot about him that..
Whenever any student call him he never says I m busy nd all.
Ravi sir personally picks the call and solve the query..
So at last I only want to thank Ravi Taori sir bcoz If I wouldn't able to secure passing marks in audit than I wouldn't be able to call me *CA Nitin Gupta*
This side Nitin Gupta from Meerut (U.P)
I have cleared my both groups in first attempt in Nov 19..
As all knows that in Nov 19 all the exams were toughest in new syllabus till yet..
But everything is possible with a proper guidance and proper execution..
Actually I was confident in each subject except audit..
But I have took classes from Ravi sir in IPCC also so I decided to took CA Final audit classes from Ravi sir as his way of teaching is very good..
If I wants to learn any topic of audit than it was not hard for me to learn after taking classes from Ravi sir..
Ravi sir taught like we r in 12th standard nd we know nothing.. This is very good for those students who has audit phobia..
I personally thank to Ravi sir bcoz on the last day of examination i was not able to recognize anything in audit..
Then I call Ravi sir.. To take some guidance for the exam...
This is the best part which I like a lot about him that..
Whenever any student call him he never says I m busy nd all.
Ravi sir personally picks the call and solve the query..
So at last I only want to thank Ravi Taori sir bcoz If I wouldn't able to secure passing marks in audit than I wouldn't be able to call me *CA Nitin Gupta*
Management by just looking at the height of work in progress, estimated stage of completion without looking at weight and dimensions,this is an example of:
Anonymous Quiz
7%
An omission of an amount or disclosure.
15%
Improper selection of Accounting Policies
44%
Inaccuracy in gathering or processing data
34%
Incorrect accounting estimate
CARO
Which of the clause of CARO,16 deals with reporting on raising of money via IPO/FPO or term loan:
Which of the clause of CARO,16 deals with reporting on raising of money via IPO/FPO or term loan:
Anonymous Quiz
21%
Clause 8
58%
Clause 9
14%
Clause 6
7%
Clause 7
Don't Miss the opportunity
ICAI Exam Processes and Regulations Suggestions
Provide your suggestions before 24th Feb 2020 in 150 words on the link provided
https://docs.google.com/forms/d/e/1FAIpQLSdqJnKvPePrgdt5I57C64ETGlnCKT52BrsACJ8VKMyPA-Vhbw/viewform
ICAI Notification Link
https://www.icai.org/post.html?post_id=16314
Draft Report Link
https://resource.cdn.icai.org/58375exam47585.pdf
ICAI Exam Processes and Regulations Suggestions
Provide your suggestions before 24th Feb 2020 in 150 words on the link provided
https://docs.google.com/forms/d/e/1FAIpQLSdqJnKvPePrgdt5I57C64ETGlnCKT52BrsACJ8VKMyPA-Vhbw/viewform
ICAI Notification Link
https://www.icai.org/post.html?post_id=16314
Draft Report Link
https://resource.cdn.icai.org/58375exam47585.pdf