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Short Notes of SAs for Nov 2016 Exams

Short Notes of SAs for Nov 2016 Exams

Short Notes of SAs for May Nov Exams – Short Notes of SAs By CA Ravi Taori. This Notes covering 34 standards.This Satndards of Auditing Covers Summary notes, with Charts/tables and short-cuts. Including contents  from PM and RTP. covering SA 200/300/400/500/600/700 series. As the trade and commerce grew extensively globally, the involvement of public money therein also increased manifolds. This in turn created a demand from the investors to have the accounts of the business ventures examined by a person independent of the owners and management of the business to ensure that they were correct and reliable. Such a demand laid down the foundation for the profession of auditing.

Short Notes of SAs for Nov 2016 Exams

Short Notes of SAs for Nov 2016 Exams

Subjects

  • IPCC Syllabus Paper 1: Accounting.
  • IPCC Syllabus Paper 2: Business Laws, Ethics and Communication.
  • IPCC Syllabus Paper 3: Cost Accounting and Financial Management.
  • IPCC Syllabus Paper 4: Taxation.
  • VAT (25 marks)
  • GROUP II.
  • IPCC Syllabus Paper 5: Advanced Accounting.
  • IPCC Syllabus Paper 6: Auditing and Assurance.

Short Notes of SAs

The extent of reliance placed by the public on the auditors has increased so much with time that it is, unreasonably of course, felt by the public that nothing can go wrong with an organisation which has been audited. Though the fact that an audit has been carried out is not a guarantee as to the future viability of an enterprise, it is extremely important that the auditors carry out their assignments with utmost professional care and sincerity, to uphold the faith posed by the public in them. The purpose of an audit is to provide an objective independent examination of the financial statements, which increases the value and credibility of the financial statements produced by management, thus increase user confidence in the financial statement, reduce investor risk and consequently reduce the cost of capital of the prepare of the financial statements.

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Standards on Audit

Standards on Audit

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Short Notes of SAs

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Short Notes of SAs for Nov 2016 Exams

Standards on Audit

Standards on Audit

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