Advance Auditing Assurance and Professional Ethics Notes for Smart CA Final Prep – Download Free PDFs

Advance Auditing Assurance and Professional Ethics are a high weightage and intellectually demanding paper at the CA final level. This subject covers standards, company law, ethics, peer review, and digital audits. 

Our free download, well structured notes PDFs simplify complex topics, including ICAI updates, case laws, and summary charts for revision – helping you retain concepts better and score confidently in the exam.

60 Days Study Plan – Chapter-wise Distribution

Days

Chapter

Module

Focus Areas

Day 1–2

Chapter 1: 

Quality Control

Module 1

SQC 1, SA 220, Peer Review, Quality Review, NFRA

Day 3–4

Chapter 2: 

General Auditing Principles & Auditor’s Responsibilities

SA 240, SA 250, SA 260, SA 299, SA 402

Day 5–6

Chapter 3: 

Audit Planning, Strategy and Execution

SA 300, SA 450, SA 520, SA 540, SA 610, SA 620

Day 7–8

Chapter 4: 

Materiality, Risk Assessment & Internal Control

SA 265, SA 330, Risk-based audit, Internal Control

Day 9

Chapter 5: 

Audit Evidence

SA 500 series (SA 505, 510, 530, 550)

Day 10

Chapter 6: 

Completion and Review

SA 560, 570, 580 – Subsequent Events, Going Concern, Reps

Day 11–12

Chapter 7: 

Reporting

SA 700, 701, 705, 706, 710, 720, CARO 2020

Day 13

Revision of Chapters 1 to 7

Quick notes + attempt 1 MTP + SA charts

Day 14–15

Chapter 8: 

Specialised Areas

Module 2

SA 800, 805, 810 (special purpose audits)

Day 16

Chapter 9: 

Related Services

SRS 4400, 4410

Day 17

Chapter 10: 

Review of Financial Information

SRE 2400, 2410

Day 18

Chapter 11: Prospective Financial Information & Other Assurance Services

SAE 3400, 3402, 3420

Day 19

Chapter 12: 

Digital Auditing & Assurance

CAAT, AI, Data Analytics, Remote Audit

Day 20

Chapter 13:

 Group Audits

SA 600, CFS Audit, Work of Component Auditors

Day 21

Chapter 14: 

Audit of Banks & NBFCs

 

NPA norms, Audit procedures, Practical application

Day 22

Revision of Module 2

Quick charts + Flow diagrams + 1 full test

Day 23

Chapter 15: 

Audit of Public Sector Undertakings

Module 3

Propriety audit, Performance audit, CAG audit

Day 24

Chapter 16: 

Internal Audit

Internal audit reports, Audit Trail, Internal Audit Standards

Day 25

Chapter 17: 

Due Diligence, Investigation & Forensic Accounting

Types of frauds, Investigation Steps, Forensic Standards

Day 26

Chapter 18: 

ESG & Sustainable Development Assurance

ESG Reporting, SDGs

Day 27–28

Chapter 19: Professional Ethics & Liabilities of Auditors

Code of Ethics 2020, Clause-wise cases, CA Act 1949

Day 29–30

Revision of Module 3

Clause flowcharts + Past Ethics Qs + ICAI MCQs

Day 31–35

Full Syllabus Revision Round 1

 

All

Revise all 19 chapters quickly with keywords

Day 36–40

Case Study Practice (SA + Ethics)

Practice past 5 years’ RTP/MTP case studies

Day 41–45

Write 2 Mock Papers (ICAI MTPs)

Simulate exam timing and evaluate answer structure

Day 46–50

SAs and Ethics Focus Days

Revise all 35+ SAs + Ethics clauses in flowchart/table form

Day 51–55

Important Topics Recap

Reporting, Ethics, Bank Audit, CARO, SA 700-series

Day 56–58

Revise RTPs (last 3 attempts)

Focus on new ICAI questions and amendments

Day 59–60

Final Full Revision + Sticky Notes

Revise your own short notes/summary book

How to Write Answer that Impress Examiners 

. Follow PAC format:  Provision → Application → Conclusion 

. Always start with a SA/Ethics reference, apply it, and conclude clearly.

. Use Bullet points & Headings  

. Mention SA numbers & Ethics Clauses 

. Underline keywords 

. Write in Professional Language, use audit terminology, not causal words. 

FAQs 

Q1: What is the Advanced Auditing, Assurance and Professional Ethics subject in CA final?

Ans: It is one of the core subjects of the CA final Group 1, covering Standards of Auditing (SAs), audit procedures, professional ethics, regulatory audits and reporting. 

Q2: Do your notes cover all the latest SAs and Code of Ethics?

Ans: Yes, our notes cover all major standards on Auditing (SA 200 – 810), the latest Code of Ethics (2025) all relevant professional misconduct clauses.

Q3: Where can I ask doubts related to Advance Auditing topics?

Ans: Join Bhagya Achievers Community doubt section where faculty experts respond to student queries within 24 hours.

Q4: Are mock tests available for CA Final Audit?

Ans: Yes, we provide free mock tests with ICAI style paper pattern. You can also attempt chapter-wise test series on our platform to strengthen weak areas 

Q5: What is the exam pattern of Advance Auditing Assurance and Professional Ethics?

Ans: Total Marks: 100

MCQs (included case based): 30 marks 

Descriptive Questions: 70 marks 

Q6: Is Advance Auditing Assurance and Professional Ethics subject difficult to pass?

Ans: While many students find it theoretical and vast, scoring is achievable with conceptual clarity, command over SAs, and structured answer writing.