Useful tips

How do I prepare for IPCC auditing?

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How do I prepare for IPCC auditing?

A list of tips to score an exemption in the CA IPCC Audit is provided below.

  1. #1 Practice Manual. Practice Manual is your Bible.
  2. #2 Technical words/Keywords.
  3. #3 Standards on Auditing (SA’s)
  4. #4 Company Audit Part 1/Part 2.
  5. #5 Special Audit/Government Audit.
  6. #6 Vouching/Verification.
  7. #7 Correct/Incorrect.
  8. #8 YouTube Videos.

Which book is best for CA IPCC audit?

Best Recommended CA Intermediate | CA IPCC Group 2 Audit Books For May 2017

Subjects Name Author Names
Bharat Ca Ipcc For Systematic Approach To Auditing & Assurance Kamal Garg
Bestword Auditing And Assurance For Ca Ipcc Surbhi Bansal
Ca Final Professional Approach To Advanced Auditing (In 2 Modules) Ca. Kamal Garg
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Is EIS SM easy?

SM is considered scoring and easy while the EIS is difficult to learn and retain.

How can I get good marks in auditing?

Language of Answer Paper – Use keywords Instead of writing in layman’s language include keywords in your answer. Include the technical keywords which are being used by the ICAI in the Study Material, RTPs, MTPs, and Suggested Answers. Learn the keywords and impress the paper checker and score good marks in Audit.

How can I get exemption from IPCC ITSM?

7 top tips to score an exemption in CA IPCC ITSM

  1. #1 Presentation.
  2. #2 Study Material/Practice Manual.
  3. #3 Charts.
  4. #4 Tabular form or Paragraph form.
  5. #5 Correct/Incorrect type questions.
  6. # 6 Keywords.
  7. # 7 Point to Point answers.

What are the subjects in IPCC CA course?

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  • Syllabus.
  • Paper – 1 : Accounting.
  • Paper – 2 : Business Laws, Ethics and Communication.
  • Paper – 3 : Cost Accounting and Financial Management.
  • Paper – 4 : Taxation.
  • Paper – 5 : Advanced Accounting.
  • Paper – 6 : Auditing and Assurance.
  • Paper – 7 : Information Technology and Strategic Management.
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How is inter CA exemption scored?

  1. You must have appeared in all the papers of a group.
  2. You must have failed in the Group and should have secured a minimum of 60 Marks in any paper of that group.
  3. An exemption is valid for 3 immediately succeeding exams and will be carried forward automatically for the next 3 examinations.

What is the average mark for standards on Auditing?

Chapter 10) Standards on Auditing – Average Marks 15.5 (Source – ICAI PM) Read & Understand the objectives of Standards on Auditing. If you do so, you will be able to understand the content of Standards on Auditing & you will get an answer why the Standard on Auditing has been drafted.

How do I prepare for the ICAI RTP exam?

A Write all the parts of a single question together, at a same place. Leave the last 15-20 days for practising Mock Test Papers and covers the past 3 attempts RTP in those days along with practising MTP’s. Many of the students blame the ICAI for giving lower marks saying that “ Humne to sahi likha tha pata nhi marks kha cut gye”.

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Is audit subject easy or difficult?

It is belief that Audit subject is VERY EASY, SIMPLE & INTERESTING. So before you start your Audit paper study, prepare your mind set that AUDIT SUBJECT IS VERY EASY & INTERESTING. If you interact with the Audit, you will find it VERY EASY.

How good is the ICAI study material?

Study Material provided by the Institute is good but somewhat difficult to go through properly. However, instead of the ICAI study Material you should refer the compilers provided by the VSI and after thoroughly reading it give atleast 3-4 revision which is must and you can’t afford to miss it.