Ch 1 | SQC 1 SA 220 | CA Final Audit | Revision With Questions | Jan 26 | May 26 | CA Chirag Garg

Ch 1 SQC 1 SA 220 CA Final Audit Jan 26 May 26 CA Chirag Garg

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📘 CA Final Audit | Chapter 1: SQC 1 & SA 220 | Jan 26 & May 26 Attempt | By CA Chirag Garg

Welcome to an in-depth, exam-oriented lecture on SQC 1 (Quality Control for Firms) and SA 220 (Quality Management for Audit of Financial Statements) exclusively for CA Final Audit students preparing for Jan 2026 & May 2026 attempts.

In this session, CA Chirag Garg explains these Standards in his signature story-based, practical and super-simplified style, helping you understand not just the theory—but the logic behind every requirement.

If you want to score exemption, improve your concept clarity, and learn Audit in a way that actually stays in memory, this lecture is for you.

🔍 What You Will Learn

✔ Full explanation of SQC 1
✔ Complete breakdown of SA 220
✔ How audit quality management works inside a CA firm
✔ Practical stories + real-world examples
✔ Exam writing tips + keywords for full marks
✔ Memory techniques to retain standards
✔ Important Qs for Jan'26 & May'26 attempts

📚 Standards Covered

SQC 1 – Quality Control for Firms that Perform Audits & Reviews

SA 220 – Quality Management for an Audit of Financial Statements

🎯 Who Should Watch This?

CA Final Audit students appearing for Jan 2026

CA Final Audit students appearing for May 2026

Anyone aiming for 40+ in Audit or a sure-shot exemption

💡 About Your Faculty – CA Chirag Garg

Known for turning Audit from the most boring subject into the most enjoyable one, Chirag Sir uses stories, logic, and practical experience to teach the subject like no one else in India.

📌 Don’t Forget

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👉 Comment your doubts for instant clarification
👉 Follow for more strategy, revision & memory hacks



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About Udaan batch
✅ Real audit stories
✅ Practical insights
✅ Memory techniques
✅ Concept-driven learning
✅ Coverage of all Standards on Auditing (SAs)
✅ Full revision for May & Nov 2025 attempts

Whether you're giving your 1st attempt or a repeater trying for an Audit exemption, this batch will be your turning point.

📚 Complete Coverage of All SAs (Standards on Auditing)

SA 200 – Overall Objectives of Independent Auditor
SA 210 – Agreeing Terms of Audit Engagements
SA 220 – Quality Control for Audit of Financial Statements
SA 230 – Audit Documentation
SA 240 – Fraud
SA 250 – Laws & Regulations
SA 260 – Communication with TCWG
SA 265 – Communicating Deficiencies in Internal Control
SA 299 – Joint Audits
SA 300 – Planning
SA 315 – Identifying & Assessing RMM
SA 320 – Materiality
SA 330 – Responses to RMM
SA 402 – Using Service Organisation
SA 450 – Evaluation of Misstatements
SA 500 – Audit Evidence
SA 501 – Inventory, Litigation, Segment
SA 505 – External Confirmations
SA 510 – Opening Balances
SA 520 – Analytical Procedures
SA 530 – Audit Sampling
SA 540 – Estimates
SA 550 – Related Parties
SA 560 – Subsequent Events
SA 570 – Going Concern
SA 580 – Written Representations
SA 600 – Group Audits
SA 610 – Using Internal Auditor's Work
SA 620 – Using Expert’s Work
SA 700 – Forming Opinion & Reporting
SA 701 – KAM
SA 705 – Modifications
SA 706 – Emphasis of Matter
SA 710 – Comparative Information
SA 720 – Other Information

🎯 Who Should Join?

✔ CA Final May 2025 students
✔ CA Final Nov 2025 students
✔ Re-attempt candidates
✔ Anyone targeting an exemption in Audit

🔥 What You’ll Gain?

✅ Understanding of concepts + reasoning
✅ Updated exam-oriented approach
✅ Tricks to score 60+ in Audit
✅ Practical insights from real-world audits
✅ Memory stories & fast revision techniques

✅ Join the Udaan Batch and take your Audit prep to the next level!
Let’s fly high together! ✈️💙