Auditing and Ethics (CA Inter, New Syllabus 2023) (For May 2024 and onwards Examination onwards)

PRACTICAL LEARNING SERIES
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Description
Highlights of the book
• Latest Syllabus Full Coverage in all topics
• Complete Coverage and Lucid Presentation of Standards on Auditing
• Revised Format and Structure for ease of use
• Questions for Revision at the end of Every Chapter for Exam Guidance
• Coverage of ICAI Guidance Notes on Audit Matters
• Fast Track Referencer for Quick Revision of all topics
• Covering Topic wise MCQ's with Answers
• Including Relevant Standards on Auditing
• Updated with Latest amendments including MCQs for Practice

• Complete Coverage of Syllabus : This Book from your trusted Padhuka's publications has been released in compliance with ICAI New syllabus exhaustively covers all relevant Concepts in Auditing and The Standards on Auditing issued by the ICAI (as applicable at the Inter Level), which is gaining more importance in the examinations are covered comprehensively and presented in a lucid fashion.
• Companies Act 2013 : Provisions of Companies Act, 2013 with Rules (as applicable at the Inter Level) is covered exhaustively and presented in a simple manner
• Revised Format and Structure : All principles/ procedures/ techniques concepts and ideas have been arranged neatly in easy-to-read form, and numbered into Topics/Sub-Topics so that the student can understand the subject easily
• Explanation and Improved Presentation : The presentation in each Subject Area has been revisited and explained better, to help the student remember the ideas/ concepts/ points more easily
• Question for Revision : A detailed list of Past Exam Questions in each Topic/Point/Concept, with the Para reference for Answers, is appended at the end of every topic, so that the student can correlate the question and answer, more easily in the examinations
• True or False/Concept Questions : A list of True or False Questions, with Hint Answers are appended at the end of the Chapters, to confirm concept knowledge, and also to keep in need with the recent examination requirements
• Chapter Overview : Chapter Overview at the beginning of every Chapter will help the student to navigate through each Chapter-Topic-Sub-topic-Question in an organized and phased manner
• Guidance Notes : Guidance Notes on Audit Matters issued by ICA1, as applicable for the Inter Syllabus have been incorporated in the relevant chapters
• Fast Track Referencer : Fast Track Referencer has been incorporated for quick revision of the topics. The Standards on Auditing are presented in Flowcharts for easy remembrance of concepts. Also, Chapter wise Multiple Choice Questions are provided for Exam Practice.
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Table of Contents
Fast Track Referencer (FTR)
1. Introduction to Auditing
2. Audit Evidence
3A. Audit Planning and Materiality
3B. Accounting Concepts in Auditing
4. Internal Control, Internal Check and Internal Audit
5. Digital Audit-Audit in Automated Environment
6. Audit of Income
7. Audit of Expenditure
8. Audit of Assets
9. Audit of Liabilities
10. Company Audit-Work Aspects & Reporting
11. Company Audit-Audit of Share Capital
12. Government Audit
13. Audit of Banks
14. Special Audit Co-operative Societies Audit & Others
15. Preface to ICAI's SQC, SA, SRE, SAE & SRS
  SA 200 Overall Objectives of the Independent Auditor and the Conduct of an Audit in accordance with SAs
  SA 210 Agreeing the Terms of Audit Engagements
  SA 220 Quality Control for an Audit of Financial Statements
  SA 230 Audit Documentation
  SA 240 The Auditor's responsibilities relating to Fraud in an Audit of Financial Statements
  SA 250 Consideration of Laws & Regulations in an Audit of FS
  SA 260 Communication with those charged with Governance
  SA 265 Communicating Deficiencies in Internal Control to those charged with Governance and Management
  SA 299 Responsibility of Joint Auditors
  SA 300 Planning an Audit of Financial Statements
  SA 315 Identifying and Assessing the Risks of Material Mis-statement through understanding the Entity and its Environment
  SA 320 Materiality in Planning and Performing an Audit
  SA 330 The Auditor's Responses to Assessed Risks
  SA 402 Audit Considerations relating to Entities using a Service Organisation
  SA 450 Evaluation of Mis-statements identified during the Audits
  SA 500 Audit Evidence
  SA 501 Audit Evidence-Specific Considerations for Selected Items
  SA 505 External Confirmations
  SA 510 Initial Audit Engagements - Opening Balances
  SA 520 Analytical Procedures
  SA 530 Audit Sampling
  SA 540 Auditing Accounting Estimates, including Fair Value Accounting Estimates and Related Disclosures
  SA 550 Related Parties
  SA 560 Subsequent Events
  SA 570 Going Concern
  SA 580 Written Representations
  SA 600 Using the work of Another Auditor
  SA 610 Using the work of an Internal Auditor
  SA 620 Using the work of an Auditor's Expert
  SA 700 Forming an Opinion and Reporting on Financial Statements
  SA 701 Key Audit Matter
  SA 705 Modification to the Opinion in the Independent Auditor's Report
  SA 706 Emphasis of Matter Paragraphs & Other Matter Paragraphs in the Independent Auditor's Report
  SA 710 Comparative Information Comparative Financial Statements Corresponding Figures
  SA 720 The Auditor's Responsibility in relation to Other Information in Documents containing Audited Financial Statements
SQC 1 Quality Control for Firms General Clarifications on SA's issued by ICAI

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Author Details
Shri G Sekar is a graduate in commerce and a fellow member of the Institute of Chartered Accountants of India. He is a rank-holder and Gold Medallist in the graduation examinations. His areas of specialization include Direct Taxation, Indirect Taxation, Systems Audit, Accounting Standards and Government Accounting. He is a faculty member on Taxation, at Institute of Chartered Accountants of India and its Branches. He is also a visiting faculty on the subject in management and professional institutes including Regional Training Institute of Southern Region - C & AG. He has been regularly presenting papers on Direct and Indirect Taxation and Accounting Standards at conferences organised by various institutions. His articles on Direct and Indirect Taxation have been published in law journals.