Unit – 1
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 – Vouching of Impersonal Ledger.
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 – Secret Reserves.
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.
Unit 5
Investigation – Objectives of Investigation – Audit of Computerised Accounts –
Electronic Auditing – Investigation under the provisions of Companies Act.
BCom Subjects