Taxmann Advanced Auditing & Professional Ethics by Pankaj Garg for May 2022 Exams

This book is prepared exclusively for the requirement of the Final Level of Chartered Accountancy Examination. It covers the entire revised syllabus as per the ICAI. This book aims to make a systematic representation of the subject so that the reader does not have to consciously mug up various provisions.

The Present Publication is the 9^th Edition & Updated till 31^st October 2021 for CA-Final | New Syllabus, with the following noteworthy features:

• [Tabular & Pictorial Presentation] of the subject matter
• [Simple & Concise Language] for easy understanding
• [Examination Weightage] is given at the end of every topic/chapter to determine the relative importance
• [900+ Question & Case Studies with Hints] are provided for self-practice.
  • Detailed answers are provided in the 9^th Edition of Taxmann’s Cracker for Advanced Auditing & Professional Ethics for CA-Final | New Syllabus
• [Coverage] of this book includes:
  • All Past Exam Questions at the end of every topic/chapter, till December 2021 Exam
  • Questions from RPTs and MTPs of ICAI
• [Most Updated & Amended] This book is updated & amended as per the following:
  • Companies (Amendment) Act 2020
  • Companies (Auditor’s Report) Order [CARO] 2020
  • SEBI (LODR) Regulation 2015 (as amended)
  • Form 3CD (as amended)
  • Revised Statement of Peer Review 2020
  • Relevant Illustrations of AS, Ind-AS and Schedule III
• [Student-Oriented Book] The authors have developed this book, keeping in mind the following factors:
  • Interaction of the authors with their students, with specific emphasis on difficulties faced by students in the examinations
  • Shaped by the authors’ experience of teaching the subject matter at different levels
  • Reaction and responses of students have also been incorporated at different places in the book

Also Available:

• [9^th Edition] of Taxmann’s CRACKER cum Exam Guide for Advanced Auditing & Professional Ethics (New Syllabus)
• [9^th Edition] of Taxmann’s MCQs & Integrate Case Studies for Advanced Auditing & Professional Ethics (Old/New Syllabus)
• [4^th Edition] of Taxmann’s CLASS NOTES for Advanced Auditing & Professional Ethics | Audit SAAR (New Syllabus)
• Taxmann’s Combo for Textbook + CRACKER, MCQs & Integrated Case Studies + Class Notes

This book is presented as per the New Scheme of Education and Training, where the entire syllabus has been divided into Six Modules:

• Module I – Auditing Concepts and Engagement Standards
  • Quality Control and Engagement Standards
  • Audit Planning, Strategy and Execution
  • Risk Assessment and Internal Control
  • Audit in an Automated Environment
• Module II – Professional Ethics
  • Professional Ethics (Chartered Accountants Act, 1949)
• Module III – Company Audit
  • Company Audit
  • Audit Reports
  • CARO, 2020
  • Audit of Consolidated Financial Statements
  • Audit of Dividends
  • Audit Committee & Corporate Governance
  • Liabilities of Auditor
• Module IV – Different Types of Audit
  • Internal Audit
  • Management and Operational Audit
  • Audit under Fiscal Laws
  • Due Diligence, Investigation and Forensic Audit
  • Peer Review and Quality Review
• Module V – Audit of Different Entities
  • Audit of Banks
  • Audit of Non-Banking Financial Companies
  • Audit of Insurance Companies
  • Audit of PSU
• Module VI – Questions on Ind-AS and Schedule III
  • Questions on Ind-AS
  • Questions on Schedule III