Become an Auditing Expert | Practice with Real Working Papers | Real World Case-Study Casptone Projects

Learn How BIG4 Consultants

Perform Statutory Audit

Internal Controls

4.7 Rating (2,713 Learners)

No Prior Audit Experience Required

Real World Case-Studies

Practice Test

Chapter-wise Assessments

Multi-Device Access

Available On Laptop Or Mobile

Total Duration

20+ Hours Video Lectures

Career Certification

Showcase Your Expertise

1,00,000+

Learners & Alumni

7,200+

1-on-1 Sessions

1 cr+

Hours of Learning

20,000+

Candidates Placed

Enroll Now @ ₹999 ₹9999

How to Get Edge in Your Audit Interview?

Our Statutory Audit MasterClass provides comprehensive training through
lectures, practical tools, expert guidance, assessments, and interview preparation for success in statutory audits.

Guidance from the Experts: Learn from the best—CA Shivam Palan!

100% skill-based learning with industry best practices.

Hands-on teaching with case studies and real-world assignments.

Comprehensive training in audit concepts and techniques.


Working with 'Real Working Papers' used by BIG 4 firms.

Emphasis on practical learning with hands-on capstone projects.

Real-world case studies to simulate auditing challenges.

Gain audit skills and build confidence for success in statutory audit.

Interactive Learning Experience

Flexible global online learning via Zoom sessions.

Interactive MCQ assessments after each lecture.

Live classes, doubt sessions, city meetups, and an interactive community.


Interview & Placement Support

Gain interview confidence with expert guidance.

Real-world case studies that enhance your CV with certification.

Stay informed about job opportunities across industries.

Guidance from the Experts: Learn from the best—CA Shivam Palan!

100% skill-based learning with industry best practices.

Hands-on teaching with case studies and real-world assignments.

Comprehensive training in audit concepts and techniques.


Working with 'Real Working Papers' used by BIG 4 firms.

Emphasis on practical learning with hands-on capstone projects.

Real-world case studies to simulate auditing challenges.

Gain audit skills and build confidence for success in statutory audit.

Guidance from the Experts: Learn from the best—CA Shivam Palan!

100% skill-based learning with industry best practices.

Hands-on teaching with case studies and real-world assignments.

Comprehensive training in audit concepts and techniques.


Working with 'Real Working Papers' used by BIG 4 firms.

Emphasis on practical learning with hands-on capstone projects.

Real-world case studies to simulate auditing challenges.

Gain audit skills and build confidence for success in statutory audit.

Enroll Now @ ₹999 ₹9999

₹10,000 Worth Additional Bonuses

Worth ₹1800

Question Bank with 101 Most Asked Audit Interview Questions

Worth ₹ 2200

Solving Real-World Audit Challenges with Capstone Project

Worth ₹1400

Experimental Learning BIG 4 Real Working Papers

Worth ₹1600

Industry-recognized Certificate Showcasing Your Audit Expertise

Worth ₹1800

Expert Guidance with Mock Interview Practice

Worth ₹1200

Crafting Resume for Audit Domain Interview

Why Choose A Career in Audit 
Scope & Opportunities

Opportunities Across
Finance
Financial Due Diligence (FDD)
Financial Planning & Analysis (FP&A)
CFO Advisory
Corporate Finance
Business Valuations
Data Analysis and Business Intelligence
Target Recruiters
Deloitte
PwC
EY
KPMG
BDO
Grant Thornton
RSM International
Mazars Group
BakerTilly
Dhruva Advisors
Unicus Advisors

Target Job Openings

LinkedIn: 2317
Naurki.com: 23600
Timesjob.com: 9078
Indeed: 3816
Enroll Now @ ₹999 ₹9999

What Will You Learn In The Course?

Download Curriculum

Introduction to Audit Planning

Basics of Statutory Audit and Regulatory Authorities, Client Acceptance and Engagement Processes.

Desktop Review and Materiality

In-depth financial Statement Analysis, Determining Materiality in Audit.

Internal Controls and Critical Processes

Understanding IFC Testing, Procure-to-Pay, and Order-to-Cash Processes.

Comprehensive Substantive Testing

Mastering Inventory, Payroll, and Legal Expenses Auditing.

Advanced Substantive Testing Techniques

Audit of Electricity, Rent, Advertisement Expenses, Ledger Testing and Analysis.

Substantive Testing and Financial Ratios

Auditing Revenue, Accounts Receivable, Purchases, Exploring Ratio Analysis and Financial Insights.

Wrapping Up the Audit Process

CARO Clauses, Management Representation Letters, Understanding Audit Reports and Opinions

Preparing for Statutory Audit Interviews

Ready To Take 101 Questions for a Statutory Audit Interview with Expert Answers, Special Mock Interview Session with an Audit Industry Professional

Enroll Now @ ₹999 ₹9999

Immerse in Real-Life Audit Challenges With Capstone Projects

Stat Audit Capstone projects provide hands-on experience and profound insights to help you thrive in the statutory audit field.

Task 1:
Planning & Strategy

- Learn eligibility requirements and engagement letter drafting.

- Master benchmark setting, materiality determination, and performance evaluation, and Trivial Error Identification.

Task 2:
Execution

- Gain hands-on experience in ledger review and misstatement identification.

- Learning to spot and rectify misstatements during audits.

Task 3:
Compiling Reports

- Identifying and documenting material misstatements.

- Compiling comprehensive misstatement summaries for accurate reporting.

Task 4:
Delivering Reports to Stakeholders

- Mastering communication with stakeholders, including Top Management.

- Creating crucial documents like the Management Representation Letter (MRL) and Independent Audit Report, which includes CARO and ICFR.

Task 5:
Assertion & Application

- Delving deep into understanding assertions and their role in auditing.

- Applying assertion principles to practical scenarios, reinforcing your grasp on this critical concept.

Task 6:
Stat Audit Interview Guidance

- Familiarize yourself with the specific duties and expectations related to the audit role you're applying for.

- Optimize your resume by incorporating industry-specific keywords to demonstrate your expertise and suitability for the position.

Earn a Career Certificate

Yes! You will be certified upon completing the Statutory Audit Masterclass.

📌 Display proudly on your LinkedIn profile to showcase your expertise.

📄 Include in your resume or CV to stand out to potential employers.

🌐 Share across your social media platforms to highlight your professional achievements.

🌟 Utilize during your performance reviews as a testament to your commitment to excellence.

Enroll Now @ ₹999 ₹9999

What LinkedIn Has To Say...

Lavina Goyal

Assistant Manager at Deloitte Haskins & Sells LLP | Chartered Accountant (Nov22)

I am happy to share that in this learning phase of my life to become a better professional and to enhance my technical skills, I have achieved 1st rank in the Statutory Audit Masterclass Live Test conducted by CA Monk. I would like to thank CA Shivam Palan sir and the CA Monk team for conducting such insightful sessions and classes.

Sharangdhar Saoji

Chartered Accountant (May 2023) | B.Com | Narayana Health

Hello connections, Excited to announce that I've recently accomplished the Statutory Audit Masterclass program by CA Monk, aimed at elevating my expertise in the statutory audit domain. The course, spanning over 20+ hours, was an incredible experience where every aspect of the statutory audit process was meticulously covered with practical applications.

CA Shivam Palan

CA Govinda Marathe

Audit Manager at Khandelwal Jain & Co. || Chartered Accountant || B.com

📚Just completed the fantastic Statutory audit masterclass by CA Shivam Palan Sir!

Throughout the course, I gained valuable insights from the Statutory Audit Masterclass are:📝

✅ Understanding the meaning, purpose & advantage of statutory audit.

🪜The steps to perform the statutory audit from start to end in very detailed manner.

📟 Calculation of materiality, control testing & IFC and walkthrough process.

✅ Understanding process like P2P, O2C, R2R, H2R and PPE.

🔍 Audit of profit and loss & balance sheet items in detail with practice exposure.

🔍 Mapping of assertion for profit & loss and balance sheet items.

✅ CARO 2020, Schedule III and many other crucial aspects of statutory audit.

Once again, I extend my heartfelt appreciation to CA Shivam Palan and the CA Monk team for this incredible and valuable learning experience.

Thanks to their efforts.🙏

I feel well-equipped to excel in the field of statutory audit.💯

CA Anurag Sachan

Chartered Accountant || B Com

I have completed the statutory audit masterclass. It includes amazing sessions which would help you to understand the audit practices and procedures followed by while doing statutory audits. The master class was very interesting as it was more practical oriented.

Why I liked about the CA Monk Statutory Audit Master Class ?

🔅 Every class covers advanced excel functions using practical worksheets.
🔅 Data used in the class is just similar to a real world company.
🔅 Short and concise lectures focusing on one FSLI at a time.
🔅 Exposure of practical documents and letters used in real world.
🔅 Short quizzes at the end to build your confidence about the topics.
🔅 Helps to make your resume better and more attractive.

Thank You CA Shivam Palan Sir or making this fantastic course. For every student who has limited articleship experience but who wants to learn about and has interest in statutory audit domain, this course is highly recommended. It will definitely provide some value to you.

Meet Your Trainer

CA Shivam Palan

IIM Indore Alumni

I'm CA Shivam Palan, your dedicated guide on this educational journey. Along with the prestigious Chartered Accountant title, setting the stage for my lifelong passion: teaching. With a diverse career spanning mid-tier firms, Big 4 giants, and innovative startups across cities, Shivam's passion for teaching has empowered over 60,000 CA students, with 20,000+ achieving successful careers. My mission: to revolutionize India's finance industry.

In the Statutory Audit Masterclass by CA Monk, I'll help you navigate a comprehensive syllabus covering pre-planning, materiality, internal controls, substantive testing, auditing specific expenses, revenue, borrowing, audit reports, and more.

Join me to unlock boundless opportunities in the dynamic world of statutory audit and create your success story. Welcome to a brighter future.

Outcomes You Can Expect

Proficiency in statutory audit principles and methodologies.

The ability to apply audit concepts to real-world scenarios.

Skills in evaluating and prioritizing audit risks effectively.

Understanding of materiality and its impact on financial statements.

Ability to assess and test internal controls for financial integrity.

Knowledge of various audit sampling methods and their applications.

Proficiency in conducting substantive testing procedures.

Expertise in auditing critical accounts like inventory, property, and cash.

Crafting comprehensive audit reports that effectively communicate findings.

And much, much more!

This makes everything you get well over ₹20,000 in value! And you can get it all for just-

₹9,999

Get It Today At:

₹999

Frequently Asked Questions

  • This masterclass is designed for CA Finalists, CA Inter Articles, Freshly Qualified CAs with under 2 years of experience, BCom Graduates, and Finance Professionals who want to gain a deep understanding of statutory audit.

  • Our masterclass offers comprehensive coverage of statutory audit, practical insights from industry experts, and an interactive learning experience that goes beyond theory.

  • Yes, absolutely! Our course is structured to accommodate learners with various levels of audit knowledge, including those with no prior audit experience.

  • For Qualified CA Professionals seeking a transition into the audit domain, this masterclass provides a solid foundation and advanced audit techniques necessary to excel in statutory audit roles.

  • You'll have access to practice problems, downloadable materials, step-by-step instructional videos, and valuable industry insights from our expert mentor.

  • Yes, you'll have opportunities to interact with the instructor during the course. We encourage questions and discussions to enhance your learning experience.

  • The course duration varies depending on your pace of learning, but most participants complete it within a reasonable timeframe.

  • Yes, you will receive a certificate of completion that recognizes your achievement in mastering statutory audit.

  • Yes, we offer ongoing support, and you'll be part of a WhatsApp community of learners where you can network, seek advice, and share experiences.

  • As you are already on the course page itself, you can find the enrolment button on this page itself and follow the registration process. The cost details are also available here on this course page.

Enroll Now @ ₹999 ₹9999