Search for Important Questions

Important Questions for "Auditing":

[1]

  1. Explain the importance of Auditing.
  2. Describe the notable types of Line Agencies.
  3. What is organisation? Explain the difference between Formal and Informal organisation.

[2]

  1. Do you agree with the statement 'Accounting is a necessity while auditing is a luxury for a business enterprise'? Give reasons for your opinion and examine critically the role of auditing in the efficient, honest, and economical conduct of a business concern.
  2. What is the difference between Internal Control, Internal Check, and Internal Audit? Discuss the objects of internal audit.
  3. What are the rights and duties of a company auditor? Explain.

[3]

  1. What are the problems of auditing in EDP environment?
  2. Write a short note on auditing techniques.
  3. What precautions should the auditor take while auditing supplier ledger and debtors ledger?

[4]

  1. Elucidate the statement: "Accounting starts when book-keeping ends and auditing starts when accounting ends." Explain the advantages that accrue from audit.
  2. Distinguish between "Internal Audit" and "Internal Check".
  3. What are the contents of "Audit Note Book"?

[5]

  1. Explain test checking as a tool of auditing.
  2. Accountancy begins where book-keeping ends and auditing begins where accountancy ends. Elucidate this statement and discuss the objectives and advantages of auditing.
  3. What is the difference between Internal Control, Internal Check and Internal Audit? Discuss the objectives of Internal Audit.

[6]

  1. What is the difference between error and fraud in auditing?
  2. Describe compensating errors in auditing.
  3. What is an error of principle in auditing?

[7]

  1. Explain the significance of vouching as the backbone of auditing.
  2. What are the objectives of verification of assets?
  3. How would you conduct the audit of an insurance company?

[8]

  1. Role of auditing in financial administration.
  2. Relation between Bureaucracy and Democracy.
  3. Critically examine POSDCORB view with reference to the scope of Public Administration.

[9]

  1. By which committee Indian Parliament controls auditing of budget?
  2. Explain the role of auditing in Financial Administration.
  3. What do you understand by 'Bureaucracy'? In the context of India discuss its merits and demerits.

[10]

  1. What is the role of vouchers and verification in auditing?
  2. Who can perform as a Tax Auditor?
  3. When was the first Chartered Accountant Act passed?

[11]

  1. What is auditing for a private companynecessity, prestige, or luxury?
  2. What constitutes test checking in auditing, and what is its purpose?
  3. What is the relation of verification and valuation in auditing?

[12]

  1. What is an audit programme?
  2. What is the difference between reserve and provision?
  3. What is the difference between verification and valuation of assets? What points should be kept in mind while valuing different kinds of assets?

[13]

  1. Explain the objects and advantages of auditing.
  2. Discuss the rights, duties and liabilities of an auditor of a company.
  3. What is prospectus? How would you audit the same?

[14]

  1. Explain the objects and advantages of Auditing.
  2. An auditor is a watch-dog but not a blood-hound.
  3. What is Auditor's report? What are its various types? What are its contents?

[15]

  1. What do you mean by Auditing?
  2. Accountancy starts where Book-keeping ends and auditing begins where accountancy ends. Explain this statement.
  3. What is meant by Internal check?

[16]

  1. Define the main objects of Auditing.
  2. Explain the advantages of Auditing.
  3. Describe various points which you will keep into consideration while auditing accounts of an insurance company.

[17]

  1. Auditing begins where Accountancy ends. Explain. How does Accountancy differ from Auditing?
  2. Explain the significance of Vouching.
  3. An Auditor is a watch-dog and not a blood-hound. Give your comments on the above statement and discuss the duties and liabilities of an Auditor.

[18]

  1. What are the objects of Auditing?
  2. Accountancy is a necessity while auditing is a luxury for a business. Explain.
  3. How would you conduct the audit of a Banking Company?

GKPAD.COM by SK Yadav | Disclaimer

free counter