Author Description

This book has been prepared to meet the specific requirements of the New Syllabus for the Final Level of the Chartered Accountancy Examination. It has been refined over numerous editions to address common student challenges and exam pitfalls. The book's relevance comes from its exam-oriented approach – it imparts conceptual knowledge of auditing standards and ethics. Also, it focuses on how those concepts are examined in the exam. Using this book, students can be confident they are covering 100% of the syllabus content and the latest applicable rules for their auditing paper. The Present Publication is the 15th Edition, thoroughly revised and updated till 28th February 2025, tailored for the CA-Final | New Syllabus | Nov. 2025 Exams. It is Authored by Pankaj Garg, with the following noteworthy features: • [Strictly Aligned with the Latest Syllabus] Follows the CA Final (New Syllabus) guidelines, ensuring comprehensive coverage of topics relevant for Group I | Paper 3 • [Amendments & Updates] Incorporates all relevant amendments up to 28.02.2025, covering changes in the Code of Ethics, Quality Control and Engagement Standards, and Company Law provisions • [Tabular Presentation] Complex topics are broken down into tables for easier retention, quick revision, and conceptual clarity • [Exam-oriented Approach] Emphasises important questions, practical case scenarios, and how to approach them effectively under exam conditions This book is presented as per the New Scheme of Education and Training, where the entire syllabus has been divided into 19 Chapters, which are given below • Quality Control (QC) • General Auditing Principles & Auditor Responsibilities • Audit Planning, Strategy and Execution • Materiality, Risk Assessment and Internal Control • Audit Evidence • Completion and Review • Reporting • Specialised Areas • Related Services • Review of F