File Details:

Questions:

1. What is internal audit?
2. Explain Balance Sheet Audit.
3. What are the different types of Auditor's Report?
4. Describe the advantages of continuous audit.
5. Explain Tax Audit.
6. Discuss the advantages of interim audit. What precautions should be taken while performing test checking?
7. Explain the significance of Vouching.
8. Auditing begins where Accountancy ends. Explain. How does Accountancy differ from Auditing?
9. What is Audit Programme? What steps would you take before commencing the actual work of Audit of a business?
10. 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.
11. What is Cost Audit? Describe the provisions of Companies with regard to the Cost Audit.
12. What points are to be considered for audit of a University?