The Present Publication is the 5^th Edition, authored by Pankaj Garg, with the following noteworthy features:

• [Concise—To-the-point Presentation] Each concept is expressed in short, exam-ready sentences without unnecessary text
• [Tabular & Visual Learning] Every topic is summarised through charts, tables, and flow diagrams for instant comprehension
• [Amendments Incorporated] Updated with the latest ICAI pronouncements and CARO 2020 clarifications
• [Colour-coded Highlights] Core principles, examples, and exceptions marked distinctly for faster scanning.
• [Practical Illustrations] Includes audit templates
• [Comprehensive Professional Ethics Coverage] All Clauses, ceilings, indebtedness limits, and UDIN rules explained
• [Smart Revision Tool] Perfect for last-day brushing of standards and ethics

The book is divided into 19 logically sequenced chapters, covering the entire CA Final syllabus:

• Quality Control (SQC 1, SA 220) – Firm-level and engagement-level quality policies, independence safeguards, and EQCR
• General Auditing Principles & Auditor’s Responsibilities – SA 200, SA 210, SA 240 (Fraud), SA 250 (Laws & Regulations), SA 260 (TCWG Communication), SA 299 (Joint Audit), SA 402 (Service Organisations)
• Audit Planning, Strategy & Execution – Audit strategy vs plan, risk evaluation, documentation, and practical programmes
• Materiality, Risk Assessment & Internal Control – Audit risk model, internal control frameworks (COSO, SOX, COBIT), and assertions
• Audit Evidence – SA 500–540 series covering evidence-gathering, sampling, confirmations, and estimates
• Completion & Review – SA 560, SA 570, SA 580 on subsequent events, going concern, and written representations
• Reporting – SA 700–706, SA 710, SA 720, and CARO 2020 in tabular format.
• Specialised Audits – Banks, NBFCs, PSUs, cooperative societies, and audit of consolidated financials (SA 600)
• Related Services – SRS 4400 (AUP), SRS 4410 (Compilation), and review of financial information
• Professional Ethics & Liabilities – First and Second Schedule clauses, maximum audit limits, indebtedness, UDIN norms
• Digital Auditing & Cybersecurity – GITC testing, analytics-driven audits, and audit of digital transactions
• Forensic, Investigation & Due Diligence – Distinction between audit and investigation, financial and legal due diligence procedures
• Assurance on Prospective Financial Information (SAE 3400/3402/3420) – Frameworks for special purpose engagements