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Skills Level 2 🏢 Employer Preferred

Audit & Assurance Readiness

A practical readiness check for statutory and internal audit work.

  • 30 questions
  • 35 min
  • 5 areas
Start now Get your instant report 1 credit per attempt

Code CAAUD · Chartered Accountancy series

1 Answer 30 questions 35 min with a timer, on phone or laptop.
2 Get your report instantly Scores, strengths and what to work on, the moment you finish.
3 Share your certificate Add it to LinkedIn or your CV, with a link anyone can verify.

What it measures

Overall audit and assurance readiness Average of the five areas.

1 Audit evidence Assertions, types and reliability of evidence, confirmations, inventory counts and analytical procedures.
2 Internal controls Components of internal control, segregation of duties, IT controls, tests of controls and control deficiencies.
3 Risk assessment and materiality Audit risk, risks of material misstatement, fraud risk, going concern and materiality.
4 Documentation and sampling Audit working papers, file assembly, retention and audit sampling methods.
5 Spotting financial discrepancies Finding misstatements, red flags, unusual entries and reporting what you find.

Your instant report

  • Overall score and band
  • Scores for each of the 5 areas
  • Strengths and tips for each area
  • Certificate of completion

Taking it on your own? The report and certificate open the moment you finish. When an organization runs it, the organization decides when to share them.

Who it is for

Articleship applicants, audit interns and audit associates.

Check how ready you are for audit work: audit evidence, internal controls, risk assessment and materiality, documentation and sampling, and spotting financial discrepancies. Based on the ICAI Standards on Auditing and the Companies Act, 2013. 30 questions in 35 minutes.

  • Chartered Accountancy
  • CA
  • audit
  • assurance
  • internal controls
  • Standards on Auditing
  • articleship
Where do you stand? Find out in 35 min. No waiting: your report and certificate are ready the moment you finish.
Start now Get your instant report

How it runs

  1. Practice1 questionWarm-up, not scored
  2. Audit evidence6 questions
  3. Internal controls6 questions
  4. Risk assessment and materiality6 questions
  5. Documentation and sampling6 questions
  6. Spotting financial discrepancies6 questions

Question types

Instructions shown before starting

30 questions in 35 minutes, across 5 areas of audit and assurance. Questions follow the ICAI Standards on Auditing (SAs) and the Companies Act, 2013. Most questions have one correct answer. For 'Select all that apply' questions, choose every correct option. For situation questions, pick the best action: some other options get part marks. There is no penalty for a wrong answer.

Version 2, published 27 Oct 2026.

The Chartered Accountancy series

Take them in order to build up step by step. See the whole series

  1. Level 2 · You are hereAudit & Assurance Readiness
  2. Level 2Business Finance & Analytical SkillsCode CABFA
  3. Level 2Excel & Financial Data AnalyticsCode CAXL
  4. Level 2Practical CA & Finance SkillsCode CAPRS
  5. Level 2Taxation & GST ReadinessCode CATAX
  6. Level 3CA Professional KnowledgeCode CAPK
Audit & Assurance Readiness30 questions · 35 min · 1 credit Start now ⚡

Ready to take Audit & Assurance Readiness?

Take it yourself with a free personal account (your first credit is on us) and get your report the moment you finish, or create an organization to invite candidates and get a report and certificate for each person.

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