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problem 1) Answer all the problems:

i) describe the meaning of the term auditing.

ii) What do you mean by vouching?

iii) prepare down the difference between verification and valuation.

iv) prepare down the names of rights and duties of auditor.

v) Describe briefly the term investigation.

problem 2) describe the different types of errors and frauds.

problem 3) How will you do the vouching of cash book?

problem 4) describe investigation on behalf of prospective purchaser and investor.

problem 5) Answer all the problems:

i) prepare down the difference between book-keeping, accounting and auditing.

ii) prepare down the objectives of internal control.

iii) prepare any four principles of verification of assets.

iv) What are the pre-requisites of company audit?

v) Describe briefly the types of audit reports.

problem 6) Critically evaluate the statement,” Accounting is a necessity and auditing is a luxury”.

problem 7) How will you do the evaluation of internal control of any business enterprise?

problem 8) prepare a detailed note on the audit of educational institutions, cinemas, clubs and hospitals.

Business Law & Ethics, Finance

  • Category:- Business Law & Ethics
  • Reference No.:- M94396

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