This book has been prepared to meet the specific requirements of the New Syllabus for the Final Level of the Chartered Accountancy Examination.

The Present Publication, now in its 14^th Edition, has been thoroughly revised and updated as of 31st October 2024 and is tailored for the CA-Final | New Syllabus | May/Nov. 2025 Exams. Authored by Pankaj Garg, this edition comes with several distinct features that make it an indispensable resource for students:

• [Strict Adherence to ICAI’s New Syllabus] The content is structured to follow the New Syllabus of the Institute of Chartered Accountants of India (ICAI) to ensure students are thoroughly prepared
• [Updated with All Relevant Amendments] This edition incorporates all the key amendments and updates, including:
  • Code of Ethics
  • Engagement and Quality Control Standards
  • Company Law
  • Other relevant changes
• [Tabular Presentation] The subject matter is presented in an organised and easy-to-navigate tabular format, making it easier for students to grasp complex concepts and find critical information
• [Simple & Concise Language] The use of clear and concise language ensures that students can understand even the most challenging topics without unnecessary complexity
• [Points to Remember] Bullet points summarising key concepts are included across various topics to help students retain important information and revise more efficiently
• [Student-Oriented Book] This book has been crafted with a strong focus on the needs of students, shaped by the author’s interactions and teaching experience, and refined based on the feedback and challenges students face during examinations. Key factors that influenced its development include:
  • Insights gained from the author’s direct interactions with students, primarily focusing on areas where students typically struggle during exams
  • The author’s extensive experience teaching the subject across different levels ensures comprehensive coverage and clarity
  • Feedback and reactions from students have been incorporated at several points, further enhancing the book’s utility

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 Financial Information
• Prospective Financial Information and Other Assurance Services
• Digital Auditing and Assurance
• Group Audits
• Audit of Banks
• Audit of Non-Banking Financial Companies
• Audit of Public Sector Undertakings
• Internal Audit
• Due Diligence, Investigation & Forensic Accounting
• SDG and ESG Assurance
• Professional Ethics and Liabilities of Auditors