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CA Inter Auditing and Ethics ABC Analysis and Weightage

As we all know, preparing an Auditing and ethics paper in the CA Inter can be daunting because of the vast syllabus and the emphasis on professional ethics. In order to pass the exam, candidates must have knowledge of auditing standards and skills in both auditing and ethical principles.

To pass the exam, the first step is to know the exam pattern. Auditing and Ethics is of 100 marks, in which 70 percent of questions are subjective type while 30 percent of questions are objective type.

In this article, we will guide you to get good marks in auditing and ethics.

Auditing and ethics ABC Analysis and weightage 

Chapter No

Chapter Name

Category

Weighted marks

Chapter 1

Nature, Objective and Scope of Audit

Category A

4%-6%

Chapter 2

Audit Strategy, Audit Planning and Audit Programme

8%-12%

Chapter 3

Risk Assessment and Internal Control

8%-12%

Chapter 4

Audit Evidence

12%-18%

Chapter 6

Audit Documentation

 

Chapter 7

Completion and Review

8%-12%

Chapter 11

Ethics and Terms of Audit Engagements

8%-10%

Chapter 8

Audit Report

Category B

8%-12%

Chapter 10

Audit of Banks

8%-12%

Chapter 5

Audit of Items of Financial Statements

Category C

12%-20%

Chapter 9

Special Features of Audit of Different Type of Entities

8%-12%

 

Ranker tips to get good marks in CA Inter Audit with self-study

  • Start your preparation with the most important chapter which is risk assessment and internal control.
  • Then start preparing chapter 1 and then cover SA series 200 and 500, and then go to the chapter audit report.
  • Make sure that you have a deep understanding of concepts. Go through the question bank after completing each chapter and mark important questions for future revisions.
  • Before giving an answer read the answer requirement carefully.
  • Make handwritten notes which help you revise these chapters very easily.
  • While doing self-study, it is important to catch up with the recent amendments. From the recent amendments, it has been asking MCQs and descriptive types of questions.
  • Give daily targets to yourself because many students find difficulty to complete the syllabus on time due to the vast syllabus. Keep a check on your time and make sure that daily targets are achieved.

Things to remember to get good marks in Audit and ethics:

It is important to write know how to write the answer and presentation skills.

Write Keywords: Try to include keywords in your answer rather than writing in Layman’s language. Use technical words that are used in ICAI study material, RTPs, and MTPs. Also, it is advisable to underline the keyword for better understanding and also helps you to get good marks in the exam.

Presentation: Try to write the answer in a good presentation so that it can be easily understood by the checker. Many students have questions about how to write answers at the time of an exam.

 It totally depends on the question, like if they ask to explain or describe the question then it is better to write the answer in a paragraph. However, if a question asks about Process, Pros and cons then you should write the answer in points. Not to forget to give an introductory paragraph in case of writing points.

Should I go for a Fast-track batch or a regular batch?

Many students have confusion that whether choose Fast track batch or regular batch. If you find yourself short on time and still want to take classes, then go for a fast track batch if not then go for a regular batch because a fast track batch provides students with overall conceptual clarity and makes it very easy for students to finish the course.

Best Books For Auditing and Ethics in CA Inter

As we all know, Auditing and ethics is one of the toughest subjects in the CA Intercourse so it is important to choose books carefully. You can check the list of Books in the below table.

Books

Author name

Auditing and ethics for CA Inter

CA Surbhi Bansal

Taxmann’s Auditing & Ethics

Pankaj garg

 

Best Faculty for CA Inter Auditing and Ethics

  • CA Abhishek Bansal
  • CA Ravi Taori
  • CA Amit Tated
  • CA CS Sidharth Agarwal
  • CS Shubham keswani
  • CA Neeraj arora
  • CA Rishabh Jain
  • CA Kapil Goyal
  • CA Amit Popli
  • CA Pankaj garg

Conclusion:

CA Inter Auditing and Ethics is the most complex subject. Although, with the help of proper guidance, dedication, and regular study it is possible to crack it. Remember, “With hard work and dedication anything is possible”

Many students face difficulty not only in the Auditing subject but also face difficulty in Advance Accounting, Corporate and other Law, Taxation, Cost and management accounting, financial management and strategic management. 

So, keep all things in mind, we provide students with CA Intermediate ABC Analysis and weightage to help students achieve their goals.

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