Take This Quiz & Predict Your Score in the coming CA CS or CMA Exam!
  • How important it is for you to pass the exam in this attempt?
  • What percentage of course you have finished well so far roughly?
  • How many hours you study in a day?
  • How many times you have revised the topics you have finished
  • Have you taken online or pen drive or live class from a renowned faculty?
  • What percentage of the classes you have watched?
  • Have you attempted mock tests or practice tests yet?
  • Are you planning to attempt mock tests conducted by external bodies- ICAI, ICSI, ICMAI or other institute?
  • How many tests you have taken?
  • Did you manage to finish the test papers on time?
  • Are you strictly following study material provided by the exam conducting authority such as ICAI/ICSI/ICMAI/Other Body?
  • How is your health in general?
  • How is your food habit?
  • Any interest in yoga or exercise or play sports regularly?
  • Planning to sleep well nights before the exams?
  • Planning to have light food and water before exams?

Audit Tips

Audit Tips

Audit is a process or technique to verify the accuracy and reliability of the financial statement of  company/firm/proprietor/others.

It requires professional judgement to overcome certain dilemmas and take correct decisions while auditing.

Audit is not only based on your judgement but also on the way you deal in a given situation while auditing.

Being beginner, one should take some necessary steps inorder to have a satisfactory audit:

  • A good knowledge of Auditing Standards as they are the base of audit.
  •  Keep your mind open while auditing for a creative thinking.
  • Think in every possible way to find better way.
  • Not be confused.
  • Find alternative solutions.
  • Share new ideas coming up in your mind with seniors whether in office or outside.
  • Adopt or create your working style to enjoy the same.
  • Keep your personal issues away while working.
  • Try to be more professional.
  • Use your professional skills and try to enhance it.
  • Relate your work with books.
  • Don’t leave anything until you don’t get it.
  • Improve your communication skills with clients while auditing. This also develop your personality and gain knowledge from them.
  • Discuss with your seniors and colleagues regarding your work.
  • Don’t just think of leaving your work due to frustration as this will only defeat you in learning something new.
  • Don’t bother about the time of your serving as instead of that you are gaining knowledge. Don’t forget you are going to do the same with your articles.
  • If you feel very exhausted, relax for a while, interact with people around you, observe the manner they work, you might again learn something and if not, than just gig around.
  • If you are stuck anywhere and feel hesitate to ask seniors, read books and todays generation’s largest book is ‘Google’ You can type any word of which you require information.
  • Always make Audit Programme before you proceed the audit.
  • Track your work whether you are doing the required work in the required manner inorder to avoid wastage of time.
  •  Do not just keep on asking your seniors even the small things as this makes them irritated and low down your impression. Do search and study the solutions to solve your queries.
  • Do not constantly do work as it will exhaust you soon. Keep interacting with people around you, build contacts.

Audit Tips

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