This is prepared exclusively for the Intermediate Level of Chartered Accountancy Examination requirement. It covers the entire revised syllabus as per ICAI. The focus of this book is on gaining conceptual clarity of the subject matter. In other words, it provides intricate knowledge in accounting and law along with a thorough understanding of auditing concepts.This book will be helpful for students of CA-Inter/IPCC, CMA-Intermediate, and other specialized courses.The Present Publication is the 4th Edition for CA-Inter | New Syllabus | May 2022 Exams, authored by CA Ravi Kanth Miriyala & CA Sunitanjani Miriyala, with the following noteworthy features:[Most Amended & Updated] This book is updated with the recent amendments to Standards on Auditing and the Companies Act, 2013[Self-preparatory Book] The book has been written in a classroom-style-teaching methodology so that the average student can understand & master the subject without assistance[Simple & Lucid Language] along with a step-by-step approach for better understanding[Summary of Standard on Auditing presented in Diagrammatic Format] at the end of each standard[Concept of Standard presented in Diagrammatic Format] wherever necessary[Previous Year Question & Answers] is included in this book, including the December 2021 (New Syllabus) Exam[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' 10+ years experience of teaching the subject matter at different levels Reaction and responses of students have also been incorporated at different places in the book[Authors' Instructions in Every Chapter] that a student must follow[Build your Vocabulary] that includes technical terminology, new vocabulary & jargons that a student must use to easily score an extra 10-15 marks in the examAlso Available: [15th Edition] Accounting Standards Made EasyCOMBO for Auditing & Assurance Made Easy + Accounting Standards Made EasyDetailed contents of this book are as follows: Introduction to auditing (Very important) Audit strategy, audit planning and audit programmeAudit documentation and audit evidenceRisk assessment and internal controlFraud and responsibilities of the auditor in this regardAudit in an automated environmentAudit samplingAnalytical proceduresAudit of items of financial statements (Vouching and Verification) The Company AuditAudit reportAudit of banksAudit of different types of entities (Special Audit) Preface to standards on auditing (Very important) SA 200: Overall objectives of the independent auditor and the conduct of an audit in accordance with standards on auditing SA 210: Agreeing the terms of audit engagements SA 220: Quality control for audit of financial statements SA 230: Documentation SA 240: Auditor's responsibilities relating to fraud in an audit of financial statements SA 250 (Revised): Consideration of laws and regulations in an audit of financial statements SA 299: Responsibility of joint auditors SA 300: Audit planning SA 315: Identifying and assessing the risk of material misstatement through understanding the entity & its environment SA 320: Materiality in planning and performing an audit SA 500: Audit evidence SA 501: Audit evidence - Specific considerations for selected items SA 505: External confirmations SA 510: Initial audit engagements - Opening balances SA 520: Analytical procedures SA 530: Audit sampling SA 550: Related parties SA 560: Subsequent events SA 570 (Revised): Going concern SA 580: Written representations (WRL) SA 610 (Revised): Relying upon the work of an internal auditor SA 700 (Revised): The auditor's report on financial statements SA 701: Communicating' key matters' in the independent auditors' report SA 705 (Revised): Modifications to the opinion in the independent auditor's report SA 706 (Revised): E