CA IPCC Audit Notes, Amendments, Updates For May 2017 Exams

CA IPCC Audit Notes, Amendments, Updates For May 2017 Exams: Download CA IPCC Auditing Question Paper, Solutions, Latest Updates, Notes, Amendments for May 2017 Exams. In this article you may find complete information regarding CA IPCC Audit and Assurance Paper, We Provide IPCC Auditing and Assurance Latest Amendments in Hindi and English Applicable for May 2017 Exams. Recently we are Provided IPCC Accounts and Taxation Latest Notes and Amendments Etc. Now you can download All Resources of IPCC Audit at one Place with single click download Facility. You May also Download CA IPCC Law Notes, Amendments May 2017 Recently we Provide IPCC Costing Notes, Amendments For May 2017

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Auditing is, perhaps, one of the most practical-oriented subjects in the C.A. curriculum. This paper aims to provide working knowledge of generally accepted auditing procedures and of techniques and skills needed to apply them in audit engagements. A good knowledge of the subject would provide a strong foundation to students while pursuing the Chartered Accountancy course. A good understanding of the theoretical concepts, particularly, in the context of auditing standards would make practical training an enriching and enjoying experience. While studying this paper, students are advised to integrate the knowledge acquired in other subjects, specifically, accounting and corporate laws in a meaningful manner. Such learning would only help a student to become a better professional.

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CA IPCC Audit Notes, Amendments, Updates

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CA IPCC Audit Notes

The study material deals with the conceptual theoretical framework in detail.

  • The entire syllabus has been divided into nine chapters.
  • In each chapter, learning objectives have been stated. The learning objectives would enable you to understand the sequence of various aspects dealt within the chapter before going into the details so that you know the direction of your studies.
  • In each chapter, the topic has been covered in a step by step approach. The text has been explained, where appropriate, through illustrations and practical problems. You should go through the chapter carefully ensuring that you understand the topic and then can tackle the exercises.

Auditing is the heart of Chartered Accountancy Course. The intent of this paper is to understand objective and concept of auditing and gain working knowledge of generally accepted auditing procedures and of techniques and skills needed to apply them in audit and attestation engagements. While studying this paper, students are advised to integrate the knowledge acquired in other subjects, specifically, accounting, corporate laws and taxation in a meaningful manner.

CA IPCC Audit Syllabus

  • Auditing Concepts
  • Standards on Auditing and Guidance Notes
  • Auditing engagement
  • Documentation
  • Audit evidence
  • Internal Control
  • Auditing Sampling
  • Analytical review procedures
  • Audit of payments
  • Audit of receipts
  • Audit of Purchases
  • Audit of Sales
  • Audit of suppliers’ ledger and the debtors’ ledger
  • Audit of impersonal ledger
  • Audit of assets and liabilities
  • Company Audit
  • Audit Report

Special points in audit of different types of undertakings, i.e., Educational institutions, Hotels, Clubs, Hospitals, Hire-purchase and leasing companies (excluding banks, electricity companies, cooperative societies, and insurance companies).

Features and basic principles of government audit, Local bodies and not-for-profit organizations, Comptroller and Auditor General and its constitutional role

Note:

(i) The provisions of the Companies Act, 1956 which are still in force would form part of the syllabus till the time their corresponding or new provisions of the Companies Act, 2013 are enforced.

(ii) If new legislations are enacted in place of the existing legislations, the syllabus would include the corresponding provisions of such new legislations with effect from a date notified by the Institute.

IPCC Audit Suggested Answers

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IPCC Audit Question Papers

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Article by Raju Choudhary Raju has written 810 articles. If you like This post, you can follow CAknowledge on Twitter. Subscribe to CAknowledge feed via RSS or EMAIL to receive instant updates.

5 comments

  1. are there any changes in audit for nov 2016 exam as compared to may 2016…. if so… wat r d changes

  2. Sir I need helpful notes for company audit please send file as soon as you can it’s really urgent for me

  3. Sir i need helpfull notes on audit and itsm in hindi for nov. 2015. Plz help me

  4. dear sir,

    IPCC audit amendment for may 2015 &what r the change in audit

    plze send me amendment & changes in audit

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