Namaste Everyone. Welcome back on another article.
Hope you all are in a good health.
In this article, I will be sharing tips and relevant links for the preparation of the Advanced Auditing subject for the old syllabus.
As you know Group 1 consists of four subjects. Advanced Audit is paper no 3 in group 1.
If you have gone thru the interview of the rank holders, they have focussed more on Institute material namely RTP, MTP, Practice Manual, and Study Material.
Also read: CA FINAL OLD COURSE SYLLABUS - GROUP 1 and GROUP 2
Table of contents 👀
- Relevant RTP and MTP
- Suggested Answers by ICAI for Advanced Auditing (Old Syllabus)
- Practice Manual and Study Material
- MCQ Booklet
- Amendments
- Strategy for preparation
- Timetable
- Revision
✔Relevant RTP and MTP
Relevant RTP and MTP for Advanced Auditing for CA Final Old course syllabus applicable will be for MAY 2021.
✔Suggested Answers by ICAI for Advanced Auditing (Old Syllabus)
Suggested answers as the name depict, lay emphasis on what contents and presentation skills are expected by the ICAI from the students at the CA final level. So, it should on the must-go thru checklist for all the CA students.
| Sug Ans Jan 21 | Sug Ans Nov 20 | Sug Ans Nov 19 |
| Sug Ans May 19 | Sug Ans Nov 18 |
✔Practice Manual and Study Material
As said earlier please do the ICAI practice manual thrice. It will be better if you study from ICAI study material but nowadays teachers incorporate Study Material and Practice manual questions in their books. Still, it is advisable to do the practice manual separately.
Go to the ICAI website <<BOS knowledge portal<<Old scheme <<final course<<Advanced Auditing.
Shortcut 👉 Advanced Auditing Study Material and Practice Manual applicable for the upcoming exams.
✔MCQ Booklet
ICAI has recently introduced MCQ in Audit paper carrying 30 marks.
This booklet is taken from the ICAI website.
Note: If time permits then read this booklet otherwise leave it. If you study the whole syllabus then MCQ gets automatically covered. No need to spare extra time for it.
Link for MCQ Booklet
✔Amendments
Amendments are there for Advanced Auditing for the CA Final Old Course syllabus.
You can find it on the ICAI website as Academic Updates (Amendments) applicable for MAY 2021.
You can watch the youtube video of CA Sanidhya Saraf based on advanced auditing amendments.
Also, read: FINANCIAL REPORTING - CA FINAL OLD SYLLABUS
✔Strategy for preparation
Now you got the material for preparation, and know what to study still you all will struggle to find the topic from where to commence the studies.
Don't worry, Ca Atul Aggarwal's youtube video specially made for the Advanced Auditing subject has answers to all your queries.
He has divided the whole syllabus of CA final Advanced Auditing into 3 categories namely A, B, C.
Though you need to complete the whole syllabus if you are aiming for an exemption.
But God forbids if time runouts then focus on A and B categories. You will fetch good marks too.
Also, Read: ISCA - CA FINAL OLD SYLLABUS
✔Timetable
A timetable is a must to keep a track of your daily study routine. Make room for studies as well as revision. If you are struggling to make a timetable for yourself then you can take help from CA teachers. Youtube has videos full of teachers suggesting timetables.
But my personal favorite is of CA Arihant Timetable. He has made the timetable in such a way that it has assigned time for both groups and days for their revision.
You will definitely love it.
Also, Read: SFM - CA FINAL OLD SYLLABUS
✔Revision
Revision to be done at a regular interval of time. More precisely 2-3 times revision will be good. It will boost your confidence.
Hope you like this article. Do let me know if you have any queries.
I will be posting for other subjects. So keep a check.
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