This book has been an outcome of my experiences as a student and a faculty for CA-IPCC Audit. I was always in search of book which could showcase the basic concepts of auditing in a lucid manner. Yet it had to come across a smart learning solution, striking the fine balance between detail and brevity as the CA-IPCC student gears to cover a wide array of 7 subjects for IPCC in a short span of time. This will enable the student to effectively acquire knowledge in the initial phase, as well as multiple revisions to consolidate the content from an examination preparation standpoint. This book is an exhaustive coverage of ICAI’s coverage material and also contains the chapter-wise questions list for the past 15 years at the end of each chapter. The key features of 34 Standards on Auditing have been covered in a diagrammatic form