How do I get exemption in ca-ipcc audit?

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How do I get exemption in ca-ipcc audit?

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    I would like to tell you my Story!

    When I was studying for IPCC, I had feedbacks from all the seniors regarding Audit.

    Almost everyone said me that Passing in Audit is the most difficult task.

    Audit is a subject which everyone thinks is a theory subject but in reality it is more of a practical approach.

    I too flunked only in Audit during my Practice Papers which created a hole in my body.

    I decided to study my ass off and finally I secured 79 in Audit.

    • What was the turning point?

    When I went through what went wrong in my practice paper, I saw that, My answers were correct but not in the technical language which is must for that Answer. Although it meant the same but you will score only if you write it correctly.

    I came to a conclusion that the way I was studying Audit is completely wrong. I started again but this time with a fear (which was actually a motivation).

    • How to study Audit?

    Remember one thing Practice Manual is your Bible.

    Go through PM as much as you can.

    Highlight the key points or takeaway point, SA number, section number amd headpoints.

    Try to present your Answer uniquely , You can also use visual diagrams if required.

    If your paper stand out, you will too.

    Audit is a subject which will give you bread and butter in the future too.

    You can score good marks only if you love that subject.

    I am working in Statutory Audit Department at KPMG, Pune and I’ll tell you that what I learned actually helps me out in various situations.

    • All the Best!!

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