Auditing for CA Final (November 2014 Examination Batch): Peer Review: Some Finer Points

Sunday, September 26, 2010

Can a reviewer visit clients of the PU?

Ans: No, he cannot , under any circumstances , communicate with or visit the clients’ of the PU

Can a reviewer visit branches of a PU?

Ans: Yes, he may visit a branch if the turnover of attestation functions of that branch is more than one million Rupees.

Basic Elements of Reviewer's Report

1. Title

2. Scope Paragraph

3. Opinion Paragraph

4. Limitations

5. Suggestions

6. Reference to preliminary report

7. Date of the report

Advanced Auditing: November 2014 Examination Batch Details

Delhi: Contact at 09953590104, www.kgma.in

Hyderabad: Contact at 8686868643

Major Topics Coverage for this Batch (with reference to both Companies Act, 1956 and 2013):

1. All SAs and Auditing Guidance Notes & CARO (with practical questions);

2. Code of Ethics (with practical questions);

3. Audit of NBFCs (with practical questions);

4. Audit of Members of Stock Exchanges (with practical questions);

5. Audit of Cooperative Societies (with practical questions);

6. Audit of Mutual Funds/ Depositories etc. (with practical questions);

7. Audit of Divisible Profits (with practical questions);

8. Audit of PSUs (with practical questions);

9. Special Aspects (with practical questions);

10. Audit of Banks and General Insurance Companies;

11. Clause 49 (with practical questions)

Auditing for CA Final (November 2014 Examination Batch)