SA 260 in audit, explained simply – who TCWG actually are, the four categories that must be communicated, and what happens when those charged with governance and management are the same people.
Only 37 of 116 marks came from the Practice Manual and past papers, nothing from the RTP, and the Professional Ethics case study shrank to 4 marks. A mark-by-mark analysis.
A private company that is a subsidiary of a public company is deemed public – but MCA has clarified that a subsidiary of a foreign holding company keeps its private status.
SA 330 in audit, explained simply – overall responses, tests of controls and the once-in-three-years rule, why substantive procedures can never be skipped, and the significant-risk exception.
Para A11 of SA 230 makes the completion memorandum optional, not compulsory. Why it is still worth preparing in large and complex audits, and what it should record.
From FY 15-16, audit reports carry a separate Report on Internal Financial Controls. The eight key components required by the Guidance Note on IFC.
Finish your CA Audit paper in three hours without rushing. CA Ravi Taori on question selection, time allocation per mark, and the writing habits that actually save minutes.
You knew the answers, you were confident, and the marks still disappointed. Writing SA 501 instead of SA 510 costs real marks. How to stop the small errors that decide close results.
Written by a former Big 4 article. They employ around 1,60,000 CAs and set the standard for quality and methodology – but some uncomfortable facts deserve an honest look.
Can a Chartered Accountant in practice run a business? The Clause 11 position, the difference between general and specific permission, and whether the HUF route works – with the ICAI disciplinary decisions that settled it.
