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CA Final Audit Revision Marked
CA Final Audit Revision Marked
Revision Strategy
CA Final Audit
Volume 1A Volume 1B Volume 2 Volume 3
4th 2nd 3rd 1st
Learning Sequence
Sequence Volumes Class No.
1st Volume 3 Class 1 – 17
2nd Volume 1B Class 18 – 28
Class 29 – 35
3rd Volume 2 Insurance Audit (YouTube)
Tax Audit (YouTube)
4th Volume 1A Class S1 – S19
3 stages of Learning
Preparation 80 hours 2 days
Classes Revision Revision
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CA Final Audit
Revision Strategy
CA Final Audit Revision Strategy
1. Weightage (ICAI)
2. Estimated Time for Revision.
3. Sequence of Topics in Revision.
4. 80 hours Revision Strategy.
5. Amendments.
6. Revision Class.
CA Final Audit
Revision
Sl. Revision
Weightage Time
No. Sequence
(hrs)
1 Auditing Standards. 11th 20 hours
2 Audit Planning, Strategy & Execution 12th 2 hours
3 Risk Assessment & Internal Control 25-40% 13th 2 hours
4 Automated Environment 14th 1.5 hours
6 Audit Report & CARO 10th 4 hours
5 Company Audit 18th 4 hours
7 Audit Committee & Corporate Governance 15th 2.5 hours
8 Consolidated Financial Statements
15-20% 16th 1.5 hour
14 Liabilities of Auditors 17th 0.5 hours
9 Bank Audit 6th 4 hours
10 Insurance Audit 9th 5 hours
11 NBFC Audit
15-30% 7th 2 hours
12 Tax Audit & GST Audit 8th 8 hours
13 PSU Audit 5th 2.5 hours
15 Internal, Management & Operational Audit 4th 3 hours
16 Due Diligence, Investigation, Forensic Audit
10-20% 3rd 5 hours
17 Peer Review, Quality Review 2nd 2.5 hours
18 Professional Ethics 10-15% 1st 10 hours
80 hours
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CA Final Audit
Revision Strategy
Language 1. In Audit Paper, Book Language matters a lot. Read the Book
Language repeatedly until your own expression sounds like
book.
2. While writing a Point-Based Answer, try to stick to book points.
Revision ICAI has made a Quick Referencer for Revision (67 pages)
Referencer https://resource.cdn.icai.org/59894bos48771finalp3.pdf
Integrated MCQ ICAI will come out with new RTP for Nov 2020. That discussion
will also come on YouTube.
Point Details
Amendments There are no Amendments in Audit for Nov 2020 exams.
Code of Ethics Link: https://www.icai.org/post.html?post_id=958
CARO 2016 is applicable for Nov 2020 exams.
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CA Final Audit
Revision Strategy
Audit Maha-Mantras (Based on SA)
No. Situation Action
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