CA Inter Auditing and Ethics case studies
CA Inter Auditing and Ethics · Put your knowledge to work in context.
CA Intermediate – Auditing and Ethics is the auditing paper within the ICAI Chartered Accountancy Intermediate course. It is intended for candidates who have completed the foundational level and are building the judgement needed to examine financial statements, assess risk and internal control, gather and evaluate audit evidence, and report under applicable standards. The CA Inter Auditing and Ethics case studies are 5 cases and about 5,343 words.
1Accepting a Bank Statutory Audit: Shares, an Overdraft, a Success Fee and a Silent Predecessor
A listed private-sector bank's audit committee invites M/s Raghunath & Co., Chartered Accountants, in June 2025 to take over as statutory auditors for FY 2025-26. The previous firm resigned in May 2025 after a disagreement over provisioning on a ₹60 crore exposure, and the committee says there is no need to "disturb them further".
1,058 words, about 5 min2ERP Migration, a Switched-Off Audit Trail and a Year-End Cut-Off Problem
A listed auto-component manufacturer with revenue of ₹180 crore migrated to a new ERP in October 2025, four months before the year end. The migration ran three weeks late, two of the four in-house IT staff resigned during the period, and the audit trail function in the new system remained switched off from October to December 2025.
1,025 words, about 5 min3Receivables Confirmations, a Disputed Credit Note and a Valuer's Optimistic Assumptions
A pharma company's trade receivables stand at ₹96 crore at 31 March 2026, of which five customers account for ₹52 crore. The auditor sent 30 confirmation requests covering 55% of the balance, preparing and dispatching them itself.
1,033 words, about 5 min4A Refused Expected Credit Loss, a Support Letter and Deciding What Goes Where in the Report
A listed company reported profit before tax of ₹40 crore on revenue of ₹520 crore for FY 2025-26. A receivable of ₹12 crore from a promoter-group company that entered insolvency in January 2026 has been carried at full value; the auditor's analysis of the resolution professional's information memorandum indicates recoveries of about ₹3 crore, and management has refused to recognise any expected credit loss, saying the resolution plan will pay in full.
1,153 words, about 6 min5Public Sector Bank Branch: A Government Guarantee, an Out-of-Order Cash Credit and an LFAR
You are the statutory branch auditor of a public-sector bank branch for FY 2025-26. The branch has advances of ₹420 crore and deposits of ₹610 crore.
1,074 words, about 5 min