Description
CA CAF 8 Auditing Volume 2 – 16th Edition (Autumn 2025) by Muhammad Asif | Crescent School of Accountancy
“An ISA Perspective – The Case Book”
Elevate your audit exam preparation with the CA CAF 8 Auditing Volume 2 (16th Edition, Autumn 2025) by Muhammad Asif, published under the prestigious CRESCENT School of Accountancy. This meticulously curated case book offers a comprehensive insight into auditing from an International Standards on Auditing (ISA) perspective, crafted specifically for CA, ACCA, and other professional accountancy students.
📘 Key Features:
- ✔️ Real-world case studies from top professional bodies: ICAP, ICMA Pakistan, PIPFA, ICAEW, AICPA (USA), ACCA (UK), and CGA (Canada).
- ✔️ Solved questions aligned with the latest ISAs, IFAC Code of Ethics, and Companies Act 2017.
- ✔️ Focused content to provide “best practice in minimum time” – perfect for revision.
- ✔️ Exclusive Examiner Comments to guide you on common pitfalls and how to avoid them.
- ✔️ Suitable for CA CAF-8, ACCA Audit & Assurance, and other auditing modules.
📚 Table of Contents – Chapter Breakdown:
PHASE I: Basics of Auditing
- Introduction to Assurance Services
- Basic Concepts of Auditing
- Audit Evidence
- Auditor’s Report & Types of Opinions
PHASE II: Preliminary Engagement Activities
- Acceptance and Continuance Procedures
- Compliance With Legal Requirements
- Compliance With Ethical Requirements
- Engagement Letter
PHASE III: Planning of Audit
- Planning an Audit
- Understanding of Entity and Inherent Risk Assessment
- Substantive Procedures
- Internal Control System
- IT Systems, Controls, CAATs, and Flowcharts
PHASE IV: Performance of Audit
- External Confirmation
- Analytical Procedures
- Audit Sampling
- Related Parties
- Using the Work of Others
- Fraud Considerations in Audit
PHASE V: Final Matters
- Final Matters
- Audit Documentation
PHASE VI: Review and Related Services
- Review Engagement
- Quality Control in Audit
🎓 Why Choose This Book?
Whether you’re a student of ICAP, ACCA, or ICMA, this book is a trusted resource that ensures exam readiness through a structured, updated, and practical approach to auditing. Ideal for both classroom use and self-study.
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