CA Intermediate Auditing Notes for Jan 2026, Download PDF for Quick Revision

CA Intermediate Auditing notes for Jan 2026 offer complete study materials covering auditing concepts, principles, and techniques for students pursuing chartered accounting.

The Chartered Accountancy (CA) Intermediate Examination is an essential milestone in becoming a professional chartered accountant. In its various subjects, auditing and assurance hold important importance. This not only builds the foundation for advanced auditing concepts at the final level but also equips students with the practical knowledge required for articleship and future professional practice. 

In this article, we will provide overall CA Intermediate Auditing notes, highlighting major concepts, exam tips, and study strategies to help you understand the subject more effectively.

CA Inter Auditing Notes Jan 2026

The CA intermediate auditing notes are designed to provide students with a clear and brief summary of the major concepts and principles included in this paper. CA intermediate auditing notes to help them develop the knowledge and skills necessary to succeed in the exam.

Notes Name Download Link
CA Intermediate Auditing Marks Weightage Notes Download
CA Intermediate Auditing MTP Notes Download
CA Intermediate Auditing RTP Notes Download
CA Intermediate Auditing MCQ Notes Download
CA Intermediate Auditing Practice Questions Notes Download
CA Intermediate Auditing Other Notes Download
CA Intermediate Auditing Hand-Written Notes Download
CA Intermediate Auditing Past Paper Notes Download
CA Intermediate Auditing Detailed Notes Download
CA Intermediate Auditing Chart Book Notes Download
CA Intermediate Auditing Summary Notes Download
CA Intermediate Auditing Amendment Notes Download

CA Intermediate Auditing and Ethics Syllabus and Important Topics for Notes 

The CA intermediate auditing and ethics syllabus includes the major concepts, principles, and processes of auditing and professional morality, which equip students with knowledge and skills to audit and make sure decisions are made according to moral standards.

CA Intermediate Syllabus 2026 Auditing and Ethics
Topics Subtopics
Nature, Objective, and Scope of Audit Auditing Concepts:
  • Origin of Auditing,
  • Meaning of Audit,
  • Need for Audit (Benefits of Audit), Objective of the Audit, Scope of Audit, External Audit engagements,
  • Qualities of Auditor
  • Inherent Limitations of an Audit; Relationship of auditing with other disciplines.
  • (SA 200: Overall Objectives of the Independent Auditor and the Conduct of an Audit following Standards on Auditing)
Audit Strategy, Audit Planning, and Audit Program:
  • The auditor’s responsibility is to plan an audit of financial statements. Benefits of audit planning.
  • Planning is a continual and iterative process.
  • Discussion of elements of planning with the entity’s management.
  • Involvement of key engagement team members in planning the audit. Preliminary engagement activities.
  • The auditor’s consideration of client continuance and ethical requirements. Planning activities.
  • Establishing an overall audit strategy: assistance for the auditor. Development of an audit plan.
  • Documenting the overall audit strategy and audit plan and audit program.
  • Development of Audit Plan and Program
Risk Assessment and Internal Control: Audit Risk.
  • Risk of Material Misstatement, Inherent Risk and Control Risk, and Detection Risk.
  • Sampling and Non-Sampling Risk.
  • Concept of Materiality, Materiality in Planning and Performing an Audit.
  • The auditor’s responsibility is to apply the concept of materiality.
  • An auditor’s determination of materiality is a matter of professional judgment. Materiality and Audit
  • Risk.
  • Application of materiality in planning and performing the audit. Concept of Performance Materiality.
  • Determining materiality and performance materiality when planning the audit.
  • Use of benchmarks in determining materiality for the financial statements as a whole. Materiality level or levels for particular classes of transactions, account balances, or disclosures.
  • Revision in materiality as the audit progresses. Documenting the Materiality.
  • (SA 320 Materiality in Planning and Performing an Audit).
  • Identifying and Assessing the Risk of Material Misstatement: Risk Assessment Procedures.
  • Understanding the entity and its environment: internal control.
  • Documenting the Risks.
  • Evaluation of internal control system.
  • Testing of Internal control; Internal Control and IT Environment (SA 315) Identifying and Assessing the
  • Risks of Material Misstatement Through Understanding the Entity and Its Environment).
  • Digital Audit
  • Key features
  • Impact of IT-related Risks
  • Impact on Controls
  • Internal Financial Controls as per Regulatory requirements
  • Types of Controls
  • Audit approach
  • Understanding and documenting Automated environment
  • Testing methods, data analytics for audit, assessing and reporting audit findings.
Audit Evidence
  • Meaning of Audit Evidence.
  • Relevance and Reliability of Audit Evidence
  • Sufficient appropriate audit evidence
  • Meaning of Assertions
  • Assertions contained in the Financial Statements. Source of audit evidence
  • Test of controls
  • Substantive Procedures- Test of details and Substantive analytical procedures, Audit procedures for obtaining audit evidence.
  • Evaluation of Audit Evidence (SA 500 Audit Evidence), Audit Trail
  • (Using the work of Internal Auditors – SA 610)
  • Internal audit function.
  • External Auditor’s Responsibility for the audit, Evaluating the internal audit function.
  • Basics of Internal Financial Control and reporting requirements. The distinction between Internal Financial Control and Internal Control over Financial Reporting.
  • Audit Sampling: (SA 530 Audit Sampling). Meaning of Audit Sampling.
  • Designing an audit sample; Types of sampling (Approaches to Sampling).
  • Sample Size and selection of items for testing; Sample selection method.
  • Obtaining evidence of the existence of inventory; Audit procedure to identify litigation & claims.
  • Obtaining evidence regarding the presentation and disclosure of segment information
  • (SA 501 Audit Evidence – Specific Considerations for Selected Items)
  • External confirmation procedures.
  • Management’s refusal to allow the auditor to send a confirmation request; Negative Confirmations (SA 505 External Confirmations); Audit evidence about opening balances; Accounting policies relating to opening balances; Reporting with regard to opening balances (SA 510 Initial Audit Engagements-Opening Balances)
  • Meaning of Related Party; Nature of Related Party Relationships & Transactions; Understanding the Entity’s Related Party Relationships & Transactions (SA 550 Related Parties)
  • Analytical Procedures.
  • Meaning, nature, purpose, and timing of analytical procedures; Substantive analytical procedures.
  • Designing and performing analytical procedures prior to Audit.
  • Investigating the results of analytical procedures (SA 520 Analytical Procedures)
Audit of Items of Financial Statements
  • Audit of sale of Products and Services; Audit of Interest Income, Rental Income, Dividend Income, Net gain/loss on sale of Investments, etc.
  • Audit of Purchases, Employee benefits expenses, Depreciation, Interest expense, Expenditure on Power and fuel, Rent, Repair to building, Repair to Machinery, Insurance, Taxes, Travelling Expenses, Miscellaneous Expenses, etc.
  • Audit of Share Capital, Reserve and surplus, Long-term Term Borrowings, Trade Payables, Provisions, Short-term Term Borrowings, and other Current Liabilities.
  • Audit of Land, Buildings, Plant and equipment, Furniture and fixtures, Vehicles, office equipment, Goodwill, Brand/Trademarks, Computer Software, etc.
  • Audit of Loans and advances, Trade Receivable, Inventories, Cash and cash Equivalent, and Other Current Assets. Audit of Contingent Liabilities. (The list of items is illustrative only.)
Audit Documentation
  • Concept of Audit Documentation
  • Nature & Purpose of Audit Documentation; Form, Content & Extent of Audit Documentation. Completion Memorandum.
  • Ownership and custody of audit documentation (SA 230 Audit Documentation).
Completion and Review
  • Meaning of Subsequent Events
  • Auditors obligations in different situations of subsequent events.
  • Procedures for subsequent events. (SA 560 Subsequent Events).
  • Responsibilities of the Auditor with regard to Going Concern Assumption; Objectives of the Auditor
  • regarding Going Concern.
  • Events or conditions that may cast doubt on the going concern assumption.
  • Audit Procedures when events or conditions are identified (SA 570 Going Concern). Overview and
  • Introduction of Evaluations of Misstatements Identified During the Audit (SA 450).
  • Written Representations as Audit Evidence.
  • Objective of Auditor regarding Written Representation.
  • Management from whom written representations may be requested.
Audit Report
  • Forming an opinion on the Financial Statements.
  • Auditor’s Report- basic elements (SA 700 Forming an Opinion and Reporting on Financial Statements).
  • Communicating key Audit Matters in the Independent Auditor’s Report (SA 701) Types of Modified Opinion, Circumstances When a Modification to the Auditor’s Opinion is Required, Qualified, Adverse Disclaimer of Opinion (SA 705 Modification to the Opinion in the Independent Auditor’s Report).
  • SA 706 Emphasis of Matter Paragraphs and Other Matter Paragraphs in the Independent Auditor’s Report.
  • Nature of Comparative Information.
  • Corresponding Figure; Comparative Financial Statements (SA 710 Comparative Information – Corresponding Figures and Comparative Financial Statements).
  • Branch audit; Joint audit; Reporting requirements under the Companies Act, 2013, including CARO
Special Features of Audit of Different Types of Entities
  • Appointment of Auditor,
  • Audit Procedure and Audit Report in respect of different Category of Entities
  • Government; Local bodies; Not-for-profit organizations; Trust and Societies, Partnership Firms
  • Audit of different types of undertakings, i.e., Educational Institutions, Hotels, Clubs, Hospitals, etc.
  • Basics of Limited Liability Partnerships (LLPs) Audit and Co-operative Societies Audit.
Audit of Banks
  • Understanding of accounting systems in Banks
  • Audit Approach
  • Audit of Revenue items,
  • Special Consideration in Bank Audit with emphasis on Advances and NPAs
Ethics and Terms of Audit Engagements
  • Meaning of Ethics. – Ethics is a State of Mind, Need for Professional Ethics.
  • Principles-based approach v Rules-based approach (Ethical or Legal). 
  • The fundamental principles of Professional Ethics: Integrity;
  • Objectivity; Professional Competence and Due care; Confidentiality; Professional Behaviour.
  • Independence of Auditors.
  • Threats to Independence: Self-interest threats, Self Review threats, Advocacy threats, Familiarity threats, Intimidation threats.
  • Safeguards to Independence; Professional Scepticism, Terms of Audit Engagements Preconditions for an audit; Audit Engagement
  • Agreement on Audit Engagement Terms
  • Terms of Engagement in Recurring Audits (SA 210 Agreeing the Terms of Audit Engagements)
  • Overview and Introduction of SQC 1 Quality Control for Firms that Perform Audits and Reviews of Historical Financial Information and Other Assurance and Related Services Engagements
  • Overview and Introduction of SA 220 (Quality Control for an Audit of Financial Statements).

CA Inter Auditing and Ethics Preparation Tips 

CA Inter Auditing and Ethics is an important paper that requires a strategic approach to preparation. Here are some valuable suggestions to help you excel in this paper: 

  • Practice case study: A case study is an essential part of an auditing and ethics paper. Practice solving case studies to improve your analytical skills. 
  • Pay attention to morality: Ethics is an important part of the paper. Study the Ethics Code released by ICAI and practice applying moral principles to the study of the case.
  • Create notes: Create notes on important subjects including auditing processes, auditing standards, and morality. Review your notes regularly. 
  • Practice mock tests: Practice mock tests to assess your knowledge and identify areas for improvement.

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FAQs

What are the CA Intermediate Auditing Notes for Jan 2026?

These notes are simplified study materials covering standards, principles, audit processes, and reporting concepts to help students prepare effectively for the January 2026 exam.

Are the Auditing Notes helpful for quick revision before the Jan 2026 exam?

Yes, the notes are structured for fast revision, allowing students to revise standards, procedures, and key concepts within a short time before the examination.

Do these notes include all applicable Standards on Auditing?

The notes cover essential Standards on Auditing with summarized explanations, helping students understand their purpose, application, and relevance in audit engagements.

Are the Auditing Notes useful for first-time CA Inter students?

Yes, the notes simplify complex auditing topics, making them easier for first-time learners to understand and revise concepts without confusion or overwhelming details.

Will these notes help with writing strong audit answers in exams?

The notes highlight presentation style, key phrases, and audit terminology, helping students write more structured and professional answers during the exam.

Do the notes include case-based concepts for Jan 2026 preparation?

Yes, important case-based scenarios and practical examples are included to help students understand how auditing principles apply in real-life situations.

Are the Auditing Notes updated as per the latest ICAI syllabus?

The notes are aligned with the official syllabus for January 2026, ensuring students prepare with accurate and updated content.

How do these notes support last-day preparation?

The notes are concise and arranged chapter-wise, allowing students to quickly revise SA numbers, audit procedures, checklists, and important definitions.

Are these notes enough for scoring high in the Auditing exam?

The notes provide clear understanding, but high scores require solving RTPs, MTPs, and past papers along with thorough conceptual study.

Do the notes explain audit reports and their types?

Yes, the notes cover different types of audit reports, including qualified, unqualified, adverse, and disclaimer reports with simplified explanations.