CA Final Advanced Auditing, Assurance and Professional Ethics RTP May 2025: Question Paper and Solutions

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

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Question directory and available solutions

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

1. WYZ Ltd., incorporated during the year 2002-03, is a leading unicorn startup and top manufacturer of silicon wafers, with two advanced plants and…
2. Suban Engineering, a borrower of the branch, had fully utilized its sanctioned cash credit limit of 400Lacs, with an outstanding balance of 413 Lacs…
3. CA Praveen is appointed by KSN Ltd. for the year 2023-24. While verifying payroll data of the company, it has come to his notice that provisions of…
4. Mohini Ltd. paid their arrears of undisputed statutory dues just a day before the date of the audit report. After this, now the auditor believes…
5. M/s JinKushal & Co. has been appointed as an auditor of SC Ltd. for the financial year 2023-24. CA Jin, one of the partners of M/s JinKushal & Co.,…
6. During the audit of the financial statements of Looks Limited for the year ended March 31, 2024, CA Suyash, the statutory auditor requested external…
7. Udit & Co. is the statutory auditor of Fun Journey Ltd., a company engaged in the tours and travel business. The company has an annual turnover of…
8. Udit & Co. is the statutory auditor of Fun Journey Ltd., a company engaged in the tours and travel business. The company has an annual turnover of…
9. Udit & Co. is the statutory auditor of Fun Journey Ltd., a company engaged in the tours and travel business. The company has an annual turnover of…
10. Comment with reference to the provisions of CARO, 2020: (a) Relon Limited has a turnover of 650 crores during the financial year 2023-24. It has…
11. Comment with reference to the provisions of CARO, 2020: (b) During the audit, CA Kunal found that physical verification of inventories of the…
12. Compilation engagement is an engagement in which a practitioner applies accounting and financial reporting expertise to assist management in the…
13. Compilation engagement is an engagement in which a practitioner applies accounting and financial reporting expertise to assist management in the…
14. Yuvi, a finance manager at DCB Ltd., received a text message on his mobile phone claiming to be from his bank. The message states that: "Dear…
15. Advik Investments Ltd. is a company having paid up share capital of 1 crore, it has a subsidiary, Investors Fund Management Ltd. Major business of…
16. Nutan & Co. has been appointed as a statutory auditor of JOE Bank Ltd., a private sector bank, registered with RBI. Mr. Chahal, the engagement…
17. A state government owned PSU was involved in setting up of a thermal power plant in the state. The C & AG, in its audit report, pointed out delay in…
18. MF Ltd., a manufacturing company specialising in industrial and consumer products, has been experiencing significant inventory shortages despite…
19. Sukaran Ltd., a leading textile manufacturing company, has been facing criticism from its employees regarding various workplace concerns. Some…
20. 20. (a) KB and Associates are appointed as Statutory Auditors of the Iron Company Ltd. The Central Government holds 72% of the paid-up share capital…
21. (b) If CA Yash is guilty of misconduct in the above situation given in part (a), then before which authority, the matters of CA Yash would have been…