No. of Hours : 61 Hours Validity : 12 months with total 3 times view Overview of CA IPCC Group 2 – Auditing and Assurance (Including SA) Auditing and Assurance (CA IPCC, group 2) Complete Video Lectures + Book (hard copy) Package from Elite Concepts consists of top quality video lectures of around 61 hours duration ( view duration – 122 hrs), and Book (hard copy) . The full eCourse Package along with the required software is delivered on 16 + 8 GB pen drive. The eCourse is suitable for consumption on Windows PC/Laptop or Android Tablet/Smartphones. Table of contents 1. Auditing Concepts ΓÇô Nature and limitations of Auditing, Basic Principles governing an audit, Ethical principles and concept of Auditor’s Independence, Relationship of auditing with other disciplines. 2. Auditing and Assurance Standards ΓÇô Overview, Standard-setting process, Role of International Auditing and Assurance Standards Board and Auditing and Assurance Standards Board in India. 3. Auditing engagement ΓÇô Audit planning, Audit programme, Control of quality of audit workΓÇôDelegation and supervision of audit work. 4. Documentation ΓÇô Audit working papers, Audit files: Permanent and current audit files, Ownership and custody of working papers. 5. Audit evidence ΓÇô Audit procedures for obtaining evidence, Sources of evidence, Reliability of audit evidence, Methods of obtaining audit evidence, Physical verification, Documentation, Direct confirmation, Re-computation, Analytical review techniques, Representation by management. 6. Internal Control ΓÇô Elements of internal control, Review and documentation, Evaluation of internal control system, Internal control questionnaire, Internal control check list, Tests of control, Application of concept of materiality and audit risk, Concept of internal audit. 7. Internal Control and Computerized Environment, Approaches to Auditing in Computerised Environment. 8. Audit Sampling ΓÇô Types of sampling, Test checking, Techniques of test checks. 9. Analytical review procedures. 10. Audit of payments ΓÇô General considerations, Wages, Capital expenditure, Other payments and expenses, Petty cash payments, Bank payments, Bank reconciliation. 11. Audit of receipts ΓÇô General considerations, Cash sales, Receipts from debtors, Other Receipts. 12. Audit of Purchases ΓÇô Vouching cash and credit purchases, Forward purchases, Purchase returns, Allowance received from suppliers. 13. Audit of Sales ΓÇô Vouching of cash and credit sales, Goods on consignment, Sale on approval basis, Sale under hire-purchase agreement, Returnable containers, Various types of allowances given to customers, Sale returns. 14. Audit of suppliers’ ledger and the debtors’ ledger ΓÇô Self-balancing and the sectional balancing system, Total or control accounts, Confirmatory statements from credit customers and suppliers, Provision for bad and doubtful debts, Writing off of bad debts. 15. Audit of impersonal ledger ΓÇô Capital expenditure, deferred revenue expenditure and revenue expenditure, Outstanding expenses and income, Repairs and renewals, Distinction between reserves and provisions, Implications of change in the basis of accounting. 16. Audit of assets and liabilities. 17. Company Audit ΓÇô Audit of Shares, Qualifications and Disqualifications of Auditors, Appointment of auditors, Removal of auditors, Powers and duties of auditors, Branch audit, Joint audit, Special audit, Reporting requirements under the Companies Act, 1956. 18. Audit Report ΓÇô Qualifications, Disclaimers, Adverse opinion, Disclosures, Reports and certificates. 19. Special points in audit of different types of undertakings, i.e., Educational institutions, Hotels, Clubs, Hospitals, Hire-purchase and leasing companies (excluding banks, electricity companies, cooperative societies, and insurance companies). 20. Features and basic principles of government audit, Local bodies and not-for-profit organizations, Comptroller and Auditor General and its constitutional role. About faculty Raj K Agrawal Raj K Agrawal, qualified Chartered Accountancy with all India 27th rank in CA Final and all India 29th rank in CA PE-I. He has been consistent school and college topper.He is endowed with the passion of winning as evinced through demonstrated excellence in Academics and Teaching Career. He is Educator of a renowned commerce coaching class in the name of “Elite Concepts” at Varanasi. He has authored several books for professional courses. His primary focus is on enhancing student’s knowledge theoretically and practically as well as focused preparations to ensure success in the examinations and to achieve professional expertise. About institute Elite Concepts, Varanasi Elite Concepts, Varanasi, is founded by CA Raj K Agarwal. Raj K Agrawal, qualified Chartered Accountancy with all India 27th rank in CA Final and all India 29th rank in CA PE-I. He has been consistent school and college topper.He is endowed with the passion of winning as evinced through demonstrated excellence in Academics and Teaching Career. He is Educator of a renowned commerce coaching class in the name of ┬ôElite Concepts┬ö at Varanasi. He has authored several books for professional courses. His primary focus is on enhancing student┬Æs knowledge theoretically and practically as well as focused preparations to ensure success in the examinations and to achieve professional expertise.
Cakart CA Ipcc Video of Auditing By Raj K Aggarwal
Raj K Agarwal
Applicable For November 2014
Pendrive with text book