Clear CA Inter with Shubham Keswani

Clear CA Inter with Shubham Keswani

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Updated: May 11, 2026 at 8:03 PM

Clear CA Inter with Shubham Keswani

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Clear CA Inter with Shubham Keswani

May 12, 2026, 02:44 AM

Cover 20 Marks in 4 hrs!

Live at 7:01 pm ✅

https://youtube.com/live/xkmbFn7b2RU?feature=share

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Clear CA Inter with Shubham Keswani

May 12, 2026, 02:44 AM

Costing achhe se krke aao,
Shaam ko milte hain,

Audit Marathon Revision Mein ❤️

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Clear CA Inter with Shubham Keswani

May 12, 2026, 02:44 AM

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Clear CA Inter with Shubham Keswani

May 12, 2026, 02:44 AM

Inter waalo

Book your slot @ 6:30 PM for the overnight GST marathon - Pura GST khatam kar denge 🔥

Date - 7 May 2026

Like karke just click on Notify Me 😇

See you @ 6:30 🫡

https://youtube.com/live/KcQONV-eyWE?feature=share

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Clear CA Inter with Shubham Keswani

May 12, 2026, 02:44 AM

📷 Photo

AIR 16 • 74 Marks in Audit 🎉

Now working with Deloitte (Big 4)

Just give your best,
You’ll get the best ❤️

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Clear CA Inter with Shubham Keswani

May 12, 2026, 02:44 AM

Group 2 Exams begin!

Pass hone ke liye bass 40/50 chahiye,
Utni tayaari hai apni 🙌

Apne upar bharosa rakho,
Give your best 💯

God is there to take care 🙏

Sab achha hoga ❤️

All the best Interstars!!

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Clear CA Inter with Shubham Keswani

May 12, 2026, 02:44 AM

🎤 Voice

For those who gave Adv. A/c today ❤️

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Clear CA Inter with Shubham Keswani

May 12, 2026, 02:44 AM

📷 Photo

Today decides your tomorrow!

Be consistent ❤️

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Clear CA Inter with Shubham Keswani

May 12, 2026, 02:44 AM

BE POSITIVE & Calm.. Dealing with Exam Fear ❤️ | CA Final & Inter | CA Shubham Keswani (AIR 8)
https://youtu.be/TQ3fAXpqh_E

Video Thumbnail

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Clear CA Inter with Shubham Keswani

May 12, 2026, 02:44 AM

The day is here!

You know it all.

You deserve to clear this time.

Be calm & positive.

Sab achha hoga ❤️

All the best 👍

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Clear CA Inter with Shubham Keswani

Apr 1, 2026, 12:30 AM

[poll]

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Clear CA Inter with Shubham Keswani

Apr 1, 2026, 12:30 AM

🎤 Voice

Also discussed in sa 560 revision video.

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Clear CA Inter with Shubham Keswani

Apr 1, 2026, 12:30 AM

5. CA Jayant is statutory auditor of a listed company Move and Move Limited for financial year 2023-24.

On 15th June, 2024, there was an incident of fire in a logistics park where part inventories of company were also stored. It resulted in loss of inventories to the tune of Rs.20 crore for the company.

Profit before tax in draft financial statements of the company for year 2023-24 is Rs.25 crore.

Which statement is most appropriate in this regard?

a. The above situation is in nature of adjusting event and auditor’s duty is to see those financial statements for year 2023-24 should be adjusted to include above information.

b. The above situation is in nature of non-adjusting event and auditor’s duty is to see that its nature and probable financial impact is disclosed in financial statements for year 2023-24.

c. The above situation is in nature of non-adjusting event and auditor’s duty is to see those financial statements for year 2023-24 should be adjusted to include above information.

d. The above situation is in nature of adjusting event and auditor’s duty is to see that its nature and probable financial impact is disclosed in financial statements for year 2023-24.

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Clear CA Inter with Shubham Keswani

Apr 1, 2026, 12:30 AM

[poll]

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Clear CA Inter with Shubham Keswani

Apr 1, 2026, 12:30 AM

🎥 Video

Those getting right 😎😅

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Clear CA Inter with Shubham Keswani

Apr 1, 2026, 12:30 AM

4. CA PK Jacob is conducting audit of a company for year 2023-24. The company is engaged in export of ethnic rugs to buyers in Europe. The audit is nearing completion in month of July 2024.

However, it becomes known to the auditor that one of overseas buyers has made a legal claim against the company on 1st June 2024 for injury caused to a customer of one European buyer due to sub-standard dyes used in rugs of one lot of order shipped in August, 2023.

The management of company has decided to agree to an out of court settlement of Rs.5 crore to protect its reputation.

The financial statements of the company are silent on this issue.

Discuss, how, CA PK Jacob should proceed to deal with above issue.

a. It is adjusting event. He should ask company management to make necessary adjustment to the financial statements. If adjustment is not made by management, he should consider impact on auditor’s report.

b. It is non- adjusting event. He should ask company management to give disclosure in the financial statements. If disclossure is not made by management, he should consider impact on auditor’s report.

c. It is adjusting event. He should ask company management to give disclosure in the financial statements. If disclossure is not made by management, he should consider impact on auditor’s report.

d. It is non- adjusting event. He should ask company management to make necessary adjustment to the financial statements. If adjustment is not made by management, he should consider impact on auditor’s report.

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Clear CA Inter with Shubham Keswani

Apr 1, 2026, 12:30 AM

[poll]

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Clear CA Inter with Shubham Keswani

Apr 1, 2026, 12:30 AM

🎤 Voice

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Clear CA Inter with Shubham Keswani

Apr 1, 2026, 12:30 AM

🎥 Video

Hint!

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Clear CA Inter with Shubham Keswani

Apr 1, 2026, 12:30 AM

3. The auditor of a company is having concerns about following of going concern basis of accounting followed by management for preparation of financial statements.

It asks the management to justify preparation of financial statements.

However, management is not willing to make its assessment and share with auditor.

What are implications for auditor’s report in such a scenario?

a. Qualified or Adverse opinion
b. Qualified or Disclaimer of opinion
c. Disclaimer or Adverse opinion
d. No implications on audit report

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Clear CA Inter with Shubham Keswani

Mar 29, 2026, 09:53 PM

[poll]

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Clear CA Inter with Shubham Keswani

Mar 29, 2026, 09:53 PM

4. If the engagement partner has decided to increase tolerable misstatement to ₹ 10.00 Lakh while designing sample described.

Select the correct statement.

a) It would lead to decrease in sample size.

b) It would lead to an increase in sample size.

c) It would have no effect on sample size.

d) It is not possible to draw inference on sample size due to increase in tolerable misstatement.

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Clear CA Inter with Shubham Keswani

Mar 29, 2026, 09:53 PM

[poll]

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Clear CA Inter with Shubham Keswani

Mar 29, 2026, 09:53 PM

🎥 Video

3 more to goooo!

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Clear CA Inter with Shubham Keswani

Mar 29, 2026, 09:53 PM

3. A sample was created for Travelling Expenses related to business of NH Limited by selecting transactions of amount exceeding ₹ 12,000.

By following which sample selection method did the audit team create the sample for auditing the travelling expenses related to business of NH Limited?

a. Monetary Unit Sampling.
b. Random Sampling.
c. Block Sampling.
d. Systematic Sampling.

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Clear CA Inter with Shubham Keswani

Mar 29, 2026, 09:53 PM

2. For the purpose of creating a sample of Repair and Maintenance Expenses, following information was available:

Number of items in Population = 400
Sample Size = 50
Sampling Interval = [400/50] = 8

Out of the 400 Repair and Maintenance Expenses transactions during the FY 24-25, a transaction each from sampling interval of 8 units was selected to create a sample size of 50 units for the purpose

Which of sample selection was used by the audit engagement
team?

a. Haphazard Sampling.
b. Systematic Sampling.
c. Random Sampling.
d. Block Sampling.

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Clear CA Inter with Shubham Keswani

Mar 29, 2026, 09:53 PM

[poll]

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Clear CA Inter with Shubham Keswani

Mar 29, 2026, 09:53 PM

[poll]

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Clear CA Inter with Shubham Keswani

Mar 29, 2026, 09:53 PM

📎 File

Good quality Audit MTP-1 by ICAI for May'26!

Mostly questions are new.

The best part is everything we have properly covered in class.

Every student after 2nd Revision of 6/7 or 3/4 days of Audit should write this MTP.

Dedicating proper 3 hrs 15 mins.

I'll also offer free evaluation facility for all class students.

Details will be shared in your class telegram groups by today evening.

Study well 😊👍

#May26Loading #MissionSuccess

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Clear CA Inter with Shubham Keswani

Mar 29, 2026, 09:53 PM

1. As the number of transactions of WY Limited for the financial year 2024-25 were in very large number,
the auditor of WY Limited decided to use the technique of Audit Sampling.

Before selecting the sample from Repair and Maintenance Expenses, the auditor of WY Limited wished that entire data of Repair and Maintenance Expenses of WY Limited for financial year 2024-25 should have three characteristics.

These three characteristics are:

a) Simple, Completeness, Relevant.
b) Appropriateness, Simple, Relevant.
c) Reliable, Simple, Relevant.
d) Appropriateness, Completeness, Reliable

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