Description
Advanced Auditing, Assurance & Professional Ethics (AAAPE/Audit) | CRACKER is a two-volume, exam-ready practice compendium for CA Final – Paper 3 under the New Syllabus. Meticulously updated till 30-09-2025, it blends exhaustive past-exam coverage with ICAI sources (Study Material, BOS Knowledge Portal, RTPs & MTPs up to Sept. 2025), and presents them in a chapter-wise and attempt-wise framework. Answers are drafted in crisp, point-wise formats aligned with the latest Code of Ethics, Engagement & Quality Control Standards, and sectoral regulations (Company Law, Banking—SLR, NBFC—Scale-Based Regulations, etc.). The set is designed to sharpen concept recall, pattern recognition, and presentation—so you can convert knowledge into marks with consistency.
The Present Publication is the 17th Edition for Jan./May/Sept. 2026 Exams. This book is authored by CA. Pankaj Garg, with the following noteworthy features:
[Latest Amendments Integrated] Ethics, Quality Management/Engagement Standards, Company Law, Banking (SLR), NBFC—SBR, and other relevant pronouncements till 30-09-2025
[Comprehensive Question Bank]
Vol. 1 – 760+ descriptive questions & case studies with examiner-oriented, point-wise answers
Vol. 2 – 315 standalone MCQs + 69 integrated case scenarios with detailed explanations
[Attempt-wise & Chapter-wise Organisation] Rapid retrieval for targeted practice and last-mile revision
[ICAI-mapped Coverage] ICAI Study Material, BOS Portal, RTPs & MTPs (up to Sept. 2025) fully covered
[Marks-trend Intelligence] Chapter-wise marks distribution (2024–2025) for both Descriptives and MCQs, enabling smart prioritisation
[Presentation Focus] Succinct, standardised answer structures mirroring the expected exam style
The coverage of the book is as follows:
Volume 1 – Descriptive Questions & Case Studies
Quality Control
General Auditing Principles & Auditor’s Responsibilities
Audit Planning, Strategy & Execution
Materiality, Risk Assessment & Internal Control
Audit Evidence
Completion & Review
Reporting
Specialised Areas
Audit-Related Services
Review of Financial Information
Prospective Financial Information (PFI) & Other Assurance Services
Digital Auditing & Assurance
Group Audits
Audit of Banks
Audit of NBFCs
Audit of PSUs
Internal Audit
Due Diligence, Investigation & Forensic Accounting
SDG & ESG Assurance
Professional Ethics & Liabilities of Auditors
Solved Paper | Sept. 2025 (Descriptive)
Volume 2 – General MCQs & Integrated Case Scenarios
Part A (MCQs)
Part B (Case Scenarios)
Solved Paper – Sept. 2025 (MCQs & Integrated Case Scenarios)
The structure of the book is as follows:
Dual-volume Design for Full Pattern Coverage
Vol. 1 (Descriptives) – Chapter-wise and attempt-wise collation with point-wise answers, cross-referencing amendments. Ideal for written-answer drill and step-marking alignment
Vol. 2 (MCQs & Cases) – Split into Part A (MCQs) for concept scans and Part B (Integrated Case Scenarios) for application under time pressure. Detailed explanations guide reasoning.
Attempt-wise Sequencing – Quickly locate questions by May/Nov 2024 and May/Sep 2025 attempts to practice
Trend-led Planning
Descriptive Trends (2024–2025) – Heavier weight typically clusters around Reporting and Professional Ethics & Liabilities; recurring marks for Quality Control, Digital Auditing, Review of Financial Information, Banking/NBFC, and Forensic/Due Diligence
MCQ Trends (2024–2025) – Spikes observed in Reporting, Professional Ethics, Audit Planning, Audit Evidence, Banks/NBFC, Group Audits, and ESG/SDG (attempt-dependent).
ICAI-source Mapping – Each chapter draws from ICAI SM, BOS Portal, RTPs & MTPs—ensuring doctrinal fidelity and question-style proximity
