File Details:

Questions:

1. Write a short note on Audit vs. Investigation.
2. What are the problems of auditing in EDP environment?
3. Define audit report.
4. What is verification and valuation?
5. How would you remove the drawbacks of an audit programme?
6. Define Management Audit.
7. What are working papers?
8. How would you vouch the travelling expenses?
9. Write the advantages of internal audit.
10. Write a short note on auditing techniques.
11. Comment on the interest of a director in a transaction entered into by the company that has not been disclosed in the records maintained by the company.
12. Write notes on Secret reserve and Concurrent audit.
13. Explain the provision of Companies Act, 1956 regarding appointment of a company auditor.
14. What is Statutory Audit? Name four organisations which have statutory audit. How is it different from private audit?
15. What do you mean by Balance Sheet audit? What are its advantages? How does Balance Sheet audit differ from continuous audit?
16. What instructions should the auditor give to his client before the commencement of an audit?
17. Discuss the duties and powers of the auditor and its essential qualification.
18. What precautions should the auditor take while auditing supplier ledger and debtors ledger?