CA Final Advanced Auditing, Assurance and Professional Ethics PYQ May 2026: Question Paper and Solutions

How to Prepare for CA Final Advanced Auditing, Assurance and Professional Ethics

Solving past MTPs, RTPs, and suggested answers from previous examination windows is essential to mastering time management under the time limit applicable to your exam paper. Review step-by-step working notes, legal case precedents, and accounting disclosures with instant 24/7 AI tutor assistance via CApex.

Question directory and available solutions

24 indexed questions. Open a question to read its full statement and available answer.

1. Myra Developers Ltd. ('MDL') is a prominent, publicly listed conglomerate primarily engaged in the development of "Smart City" infrastructure and…
2. Horizon Tech-Solutions Ltd. (HTSL) is a prominent, unlisted public company specializing in providing end-to-end cloud infrastructure and digital…
3. M/s. Sterling & Co LLP, Chartered Accountants are the statutory auditors of Green-Horizon Infrastructure Ltd. (GHIL), a listed entity. The…
4. Virup Global Holdings Ltd. (VGHL) is preparing Consolidated Financial Statements for the year ended March 31, 2026. VGHL owns 80% of Nexus Systems…
5. During the statutory branch audit of ABC Bank for the financial year ended March 31, 2026, you are reviewing the credit portfolio of the Corporate…
6. The examination of public enterprises by the Committee takes the form of comprehensive appraisal or evaluation of performance of the undertaking. It…
7. The statutory audit of Nizovus Pharmaceuticals Ltd., for the financial year 2025-26, is underway. During the review of "Professional and Legal Fees"…
8. Hortiko Ltd. is a logistics company that maintains its primary inventory and research assets in a specialized cold-storage facility. On April 5,…
9. CA Pawan is engaged by M/s RK Industries, a partnership firm to compile its financial statements for the past two financial years. During…
10. CA Ravi is the engagement partner of PQR Ltd. for conducting the Statutory audit for the FY 2025-26. During the audit of PQR Ltd., he had the…
11. CA Vinit, a practicing Chartered Accountant, after attending various courses in Data Analytics and Artificial intelligence designates as "AI…
12. G-Tech Solutions Ltd. is a large multinational corporation engaged in providing cloud-based financial services. The company's operations are heavily…
13. FinBridge Digital Lending Ltd., a non-deposit taking financial intermediary registered with the financial sector regulator, operates an online…
14. CA Jiva, a practicing Chartered Accountant since last five years, is providing various advisory services to a wide range of clients. One of his…
15. CA Deepa is the statutory auditor of SGP Textiles Ltd. for the FY 2025-26 and is in the process of finalizing the audit report. During the course of…
16. Evershine Refineries Ltd. has recognized a substantial provision towards decommissioning and environmental restoration obligations relating to its…
17. CA Pranav is engaged to perform a review of the historical financial statements of LAN Innovations Ltd. for the financial year 2024-25. While…
18. MK Steel Manufacturing Ltd. is a listed company among the top 1000 entities in India, leading in steel production and related products. The company…
19. TOOLS Limited is a Public company engaged in manufacturing of industrial components. During the course of statutory audit for the FY 2025-26, CA…
20. QR Ltd., a listed company, has appointed CA Suba as its Chief Internal Auditor, and she is continuing in this role for the third consecutive year.…
21. CA Karan, a practicing Chartered Accountant, was approached by Greentech Solutions Ltd. requesting him to issue a certificate regarding the…
22. ED Motors Ltd., a leading manufacturer of high-performance electric bikes, is planning to expand its operations globally. In order to obtain a…
23. QRT Electricals Ltd. is a mid-sized manufacturing company with a substantial investment in Fixed Assets comprising of Plant & machinery and…
24. CA Alok is the auditor of VT Limited, an unlisted public company, which has a turnover of 100 crore during the FY 2025-26. The statutory audit fee…