Adjusting event + non-adjusting event + report date + issue date
The financial statements of Apex Ltd. are for the year ended 31 March 2026.
The auditor’s report is dated 20 May 2026 and the financial... Read more →
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Open in Telegram MCQ 1 — SA 570
The disclosure that sounds mandatory but isn’t stated that way
Zenith Ltd. is facing severe liquidity problems. The auditor concludes that management’s use of the going concern basis is... Read more →
The disclosure that sounds mandatory but isn’t stated that way
Zenith Ltd. is facing severe liquidity problems. The auditor concludes that management’s use of the going concern basis is... Read more →
PAN-INDIA WEBINAR| CA FINAL ASPIRANTS
And let’s plan to... Read more →
“CA Journey is a marathon, and the last 100m decides the winner ~ You might be ahead all this while, but imporant is to finish the race!🔥”
And let’s plan to... Read more →
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HELLO “TO BE CAs SOON”❤️🧿
Tomorrow’s Topics with Detailed Revision Videos Link -
SA 550
https://youtu.be/EO42KESJgAM?si=JtCnBxvzebWb2lK_
SA 560, 570 & 580 -
https://youtu.be/IhIE_SwL44s?si=9ZzWpCWHbx6lM... Read more →
Tomorrow’s Topics with Detailed Revision Videos Link -
SA 550
https://youtu.be/EO42KESJgAM?si=JtCnBxvzebWb2lK_
SA 560, 570 & 580 -
https://youtu.be/IhIE_SwL44s?si=9ZzWpCWHbx6lM... Read more →
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MCQ 5 — SA 520
The difference is ₹3.2 crore. The threshold is ₹4 crore. Is the senior finally right?
Zenith Hotels Ltd. reports room revenue of ₹400 crore.
The auditor develops an expectation of ₹396.8... Read more →
The difference is ₹3.2 crore. The threshold is ₹4 crore. Is the senior finally right?
Zenith Hotels Ltd. reports room revenue of ₹400 crore.
The auditor develops an expectation of ₹396.8... Read more →
MCQ 4 — SA 450 × SA 530
The audit team found an error. Management says it does not need to be accumulated. Is management right?
During the audit of Nova Ltd., the auditor establishes that amounts below... Read more →
The audit team found an error. Management says it does not need to be accumulated. Is management right?
During the audit of Nova Ltd., the auditor establishes that amounts below... Read more →
MCQ 3 — SA 501
Inventory is material—but the partner says attendance is unnecessary. Could the partner actually be right?
Atlas Ltd. has inventory of ₹180 crore at year-end.
The auditor determines that... Read more →
Inventory is material—but the partner says attendance is unnecessary. Could the partner actually be right?
Atlas Ltd. has inventory of ₹180 crore at year-end.
The auditor determines that... Read more →
MCQ 2 — SA 540
The auditor prefers ₹96 crore. Management records ₹100 crore. Who is actually right?
Vega Ltd. has recognised a provision for product warranty obligations.
Management’s estimate is:
₹100... Read more →
The auditor prefers ₹96 crore. Management records ₹100 crore. Who is actually right?
Vega Ltd. has recognised a provision for product warranty obligations.
Management’s estimate is:
₹100... Read more →