Description
Taxmann Auditing and Assurance Made Easy for Nov 2023 by Ravi Kanth Miriyala and Sunitanjani Miriyala
This book is prepared exclusively for the Intermediate Level of Chartered Accountancy Examination requirement. It covers the entire revised syllabus as per ICAI.
This book focuses on gaining conceptual clarity of the subject matter. In other words, it provides intricate knowledge of accounting and law along with a thorough understanding of auditing concepts.
This book will be helpful for students of CA-Inter, CMA-Intermediate, and other specialised courses.
The Present Publication is the 7th Edition for CA-Inter | Nov. 2023 exam. This book is authored by CA Ravi Kanth Miriyala & CA Sunitanjani Miriyala, with the following noteworthy features:
[Self-preparatory Book] The book has been written in a classroom-style-teaching methodology so that the average student can understand & master the subject without assistance
[Simple & Lucid Language] along with a step-by-step approach for a better understanding
[Concept of Standard presented in Diagrammatic Format] wherever necessary
[Summary of Standard on Auditing presented in Diagrammatic Format] at the end of each standard
[Authors’ Instructions in Every Chapter] that a student must follow
[Build your Vocabulary] that includes technical terminology, new vocabulary & jargons that a student must use to easily score an extra 10-15 marks in the exam
[Previous Exam Questions] and presentation of answers are included in this book, including May 2023 Exam
[Most Amended & Updated] This book is updated with the recent amendments to Standards on Auditing and the Companies Act, 2013
[Student-Oriented Book] The authors have developed this book keeping in mind the following factors:
Interaction of the authors with their students, with specific emphasis on difficulties faced by students in the examinations
Shaped by the authors’ 10+ years of experience teaching the subject matter at different levels
Reactions and responses of students have also been incorporated at different places in the book
The detailed contents of this book are as follows:
Introduction to auditing (Very important)
Audit strategy, Audit Planning and Audit Programme
Audit Documentation and Audit Evidence
Risk Assessment and Internal Control
Fraud and Responsibilities of the Auditor in this Regard
Audit in an Automated Environment
Audit Sampling
Analytical Procedures
Audit of Items of Financial Statements (Vouching and Verification)
The Company Audit
Audit Report
Audit of Banks
Audit of Different Types of Entities (Special Audit)
Preface to Standards on Auditing (Very important)
SA 200: Overall objectives of the independent auditor and the conduct of an audit in accordance with standards on auditing
SA 210: Agreeing the terms of audit engagements
SA 220: Quality control for audit of financial statements
SA 230: Documentation
SA 240: Auditor’s responsibilities relating to fraud in an audit of financial statements
SA 250 (Revised): Consideration of laws and regulations in an audit of financial statements
SA 299: Responsibility of joint auditors
SA 300: Audit planning
SA 315: Identifying and assessing the risk of material misstatement through understanding the entity & its environment
SA 320: Materiality in planning and performing an audit
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 550: Related parties
SA 560: Subsequent events
SA 570 (Revised): Going concern
SA 580: Written representations (WRL)
SA 610 (Revised): Relying upon the work of an internal auditor
SA 700 (Revised): The auditor’s report on financial statements
SA 701: Communicating ‘key matters’ in the independent auditors’ report
SA 705 (Revised): Modifications to the opinion in the independent auditor’s report
SA 706 (Revised): Emphasis of Matter paragraphs (EOM) and Other Matter (OM) paragraphs in the independent auditor’s report
SA 710: Comparative information – Corresponding figures and comparative financial statements