Removal of auditor and rotation of auditor both are similar or different

answered on 03-Jun-24 21:46

For this question I soving this Q4a

latest answer

That’s exactly what’s discussed above

H KG

CA Inter

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4

84

Professional ethics

answered on 26-May-24 09:07

Here clause 1 of part 1 of the second schedule says auditor is not obliged to share the working papers with the clients, and also the branch auditor is not obliged to share the working paper with the group auditor, If they share the working papers to client, Or branch auditor shares working paper with group auditor, Will they be guilty of professional misconduct,

latest answer

Thankyou maam understood

R Yashwanth Kumar

CA Final

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2

65

Professional ethics

answered on 26-May-24 09:08

If a CA holding COP and also in employment, refers a lawyer to his employer and lawyer pays him some referral fees then he will be definitely guilty under clause 2 of part 2 of the second schedule, But a CA holding COP shd not be engaged in employment, this also will be wrong know maam

latest answer

Ok maam

R Yashwanth Kumar

CA Final

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2

53

Practitioner's Report Format - SRE 2400/ 2410

answered on 23-May-24 09:51

As per Module, Conclusion para comes before Basis for conclusion para, whereas in Bare SA's illustrative reports, Basis for Conclusion is placed before the conclusion para. Which one is correct?

latest answer

It has to be conclusion and then basis for conclusion .

Himanshu Somani

CA Final

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1

73

Clause 6 of part 1 of first schedule, professional ethics

answered on 21-May-24 14:35

Invitation in which i have mentioned by name along with my designation as CA, it can be shared to my relatives, my friends, and to all the clients of the firm Is this correct maam But in this video you have mentioned only to concerned partner clients

latest answer

Ok maam

R Yashwanth Kumar

CA Final

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3

47

Professional Skepticism

answered on 14-May-24 10:11

In the topic of professional skepticism, If the auditor critically assess the auditor evidence and checks if the documents are geniune, i) Does it take the character of investigation? ii)The fact of checking the genuineness of documents violates the scope of audit? As the scope of audit, does not include investigation and checking genuineness of documents. Do the underlined words in the picture indicate the character of investigation?

latest answer

Thank you so much Mam

Mathangi. S

CA Inter

★ 0

3

105

Narrative record

answered on 14-May-24 09:51

Who prepare narrative record?could you please tell me

latest answer

Management will have a description of their internal controls. Basically in word formats or other suitable documents. This is part of their internal documentation. Auditor reviews them in details, and makes working papers for himself too.

Visruth Vichu

CA Inter

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1

65

Audit of BFC & NBFC

answered on 14-May-24 09:44

Soft copy of material & question bank not yet uploaded. The reason I ask this is because the contents in the book that I have purchase from indigo learn and your teaching material has little bit variation. Some of the contents not printed in the book. Hence upload the same plz.

latest answer

Yes variation is because of some concepts covered earlier . Wil update that . Question bank will be uploaded .

Sathiyanarayanan P

CA Final

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1

55

Revision

answered on 12-May-24 20:37

What will be the most beneficial way of revision of audit in these 3 days - Watching revision lectures & conceptual understanding or writing practice from RTP/MTP/SAs etc....

latest answer

RTPs try by practicing the writing of answers. ( at least few ) In exam you will be more comfortable.

Prasoon Tiwari

CA Inter

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2

86

same point repeated in this standard

answered on 11-May-24 17:00

madam why is the same point repeated in this standard?it asks us to pursue the audited finacial statements and audit report to verify the correctness of opening balances as a part of the main audit procedure,and as apart of the specific audit procedures...why is that so??

latest answer

Which point is repeated? Can u elaborate ?

aravind lalji

CA Inter

★ 0

1

77