Auditing– Origin – Definition – Objectives – Types – Advantages and Limitations – Qualities of an Auditor – Audit Programmes.
UNIT 2:
Internal Control – Internal Check and Internal Audit –Audit Note Book – Working Papers. Vouching –Voucher – Vouching of Cash Book – Vouching of Trading Transactions.
UNIT 3:
Verification and Valuation of Assets and Liabilities – Auditor’s position regarding the valuation and verifications of Assets and Liabilities – Depreciation – Reserves and Provisions - General Reserves--Provisions relating to published Accounts.
UNIT 4:
Audit of Joint Stock Companies – Qualification – Dis-qualifications – Various modes of Appointment of Company Auditor – Rights and Duties – Liabilities of a Company Auditor –Share Capital and Share Transfer Audit – Audit Report – Contents and Types.
