Sr No. Chapter Topic 5 star ('5') or MCQ ('M') Page no.

Independence 5 1.2
Matters to be considered in determining if firm has CCTR
to undertake new engagement 5 1.3
1 SQC1 and SA 220 Withdrawl from engagement 5 1.4
Reviewers considers whether 5 1.5
Engagement quality control review ('EQCR') 5** 1.5

Purpose of audit documentation 5 1.16

2 SA 230 Factors affecting form content extent of audit
documentation 5 1.17

Enquiries about management assessment of fraud risk

5 1.21
3 SA 240 (Everything is important) Case study
5 1.23
Examples of fraud risk factors 20.3

4 SA 260 Significant findings from the audit 5 1.28

Written communication to TCWG 5 1.30

5 SA 265
When to communicate MCQ 1.32

Joint auditor shall obtain common EL and MRL MCQ 1.33

6 SA 299
Responsibilitity and coordination among joint auditor 5 1.33

Revision of materiality 5 1.43

7 SA 320
Type of entity and benchmark 5 1.44

Obtaining understanding about services provided by

8 SA 402 5 1.45
service organisation

Sources of misstatements 5 1.47

9 SA 450
Uncorrected misstatements 5 1.48

Auditor's responsibility when relying on audit evidence

5 1.49
prepared using management expert work
Matters affecting NTE of audit procedure info produced
5 1.50
using work of mgt expert
10 SA 500 (Important) Inquiry 5 1.50
Factors affecting reliability of AE 5 1.51
Re Re Re 3 1.52
If attendence is impracticable 5 1.52

Factors while designing confirmation request 5 1.55

11 SA 505
Conditions for using NCR 4 1.56

Objective 5 1.57
12 SA 510 Audit procedures: Opening balances 5 1.58
Conclusion and reporting 5 1.58

13 SA 520 Investigation results of analytical procedure 5 1.61

14 SA 540 Case study (b) point 1.71

15 SA 550 Important

Specific enquiries to be made from mgmt 5 1.76

16 SA 560
If mgmt doesn’t amend FS when auditor required 5 1.77

Addnl. Audit procedure when E&C are identified 5 1.80

17 SA 570
Additional procedure MCQ 1.80

18 SA 600 Role of principal and other auditor 5 1.86

Basic elements of AR MCQ 1.92

KAM to be presented in AR 5 1.95
19 SA 700
Location of auditor responsibility in AR MCQ 1.95
New topic 5 1.96
20 SA 701 Can matters other than disclosed in FS be KAM 5 1.97

Auditor inability to obtain SAAE may arise from 5 1.100

21 SA 705
Special points 5 1.101

22 SA 710 Audit procedures for comparitive info 5 1.103

23 SA 720 When other info is Materially misstated 5 1.105

Reporting 5 1.106

Nature and extent of planning 5 3.1

24 Ch 3 - Audit planning Contents of audit plan 5 3.2
Circumstances require alteration of audit programme 5 3.4

Steps for risk identification 5 4.1

Audit procedure if purchase made without PO 5 4.2
Components of IC 5** 4.5
25 Ch 4 - RAIC Risk can arise or change due to certain circumstances 5 4.6
Control activities 5 4.6
Internal check system 5 4.7
Material weakness 5 4.9

Infor reqd to disclose in CFS and SFS MCQ 5.5

26 Ch 5 - Group audit Info given in parent and subsd not requd in CFS 5 5.5
Reporting 5 5.5

Content of appointment letter 5** 6.1

Authority appointing the auditor MCQ 6.1
Understanding 5 6.2
IC of loans and advances 5 6.5
Provisioning of NPA 5** 6.8
27 Ch 6 - Bank audit
Limits not reviewed MCQ 6.9
Resturctured advance 5 6.10
Non banking assets acquired in satisfaction of claim 5 6.11
Sundry points MCQ 6.12 - 6.13
Concurrent audit - cash and forex and reporting system 5 6.16 - 6.17

Core invstmt co. MCQ 7.1

NBFC classification New 7.2
28 Ch 7 - NBFC audit Diff bw bank and NBFC 5 7.3
CAR MCQ 7.3
NBFC acceptance PD 5 7.5

Articles, C&AG 6 and 65 yrs max term MCQ 8.1

Objective - 7 point MCQ 8.2 - 8.3
29 Ch 8 - PSU audit Planning for performance audit 5 8.5
Method and mean 5 8.6
Function of auditor in propriety audit New + 5 8.7

Review of organisation structure 5 9.3

Step 5 - Reporting of internal audit issues 5 9.5
SIA 370 5 9.5
Key element of internal audit report 5 9.6
30 Ch 9 - Internal audit Typical action taken report may include 5 9.6
Factors for high attrition rate 5 9.7
Full page important - Audit trail New + 5* 9.8
Internal audit plan 5 9.9
Area where IA can't provide direct assurance 5 9.11

Imp of DD 5 10.1
It is necessary to check 5 10.1
31 Ch 10 - DD
Financial projection - 5 Yrs MCQ 10.2
Hidden liabilities 5** 10.2

Foreinsic accng services 5 11.1

32 Ch 11 - Forensic audit Process of feorinsic accounting 5** 11.2
Key elements of report 5 11.3
 Imp issues while prepairing Invg report 5 12.1
Spl issues Case study 12.2
Factors - Furutr maintainibility of TO 5 12.2
33 Ch 12 - Investigation
Indicators of fraud 5 12.8
Fraud diamond New + 5 12.9
Will he able to detect it 5 12.9

Application of some SA reqd special consd 5 13.2

Compliance may not practicable 5 13.4
Consideration when planning and performing audit - MIA 5 13.5
Imp topic 13.7
34 Ch 13 - Specialised area
Factors affecting auditor determination of acceptability of
5 13.9
applied criteria
Modification to opinion to EOM and OM in AR 5 13.12
Modified opinion on summary FS MCQ 13.12

Imp topic MCQ 14.1

Terms of engagement 5 14.2
35 Ch 14 - Audit related services
Points to be included in report 5 14.3
SQC 1 is applicable to all Standards MCQ 14.4

Compliance with ethical requirement and engagement

5 15.2
level control
Addnl procedure when FS are MM 5 15.7
36 Ch 15 - Review of financial info Understanding entity environment including its IC 5 15.15
Inquiries, analytical and other review procedures 5 15.15
Going concern and significant uncertainities 5** 15.21

37 Ch 16 - Prospective financial info Duties of member examining PFI 5 16.2

Examination procedures 5 16.3
10 and 11 point 5 16.8
Addnl matter reqd in type 2 report 5 16.10
Compilation of proforma FI 5 16.11