09/04/2019
Before u go to write paper n u must keep in mind... Auditing paper are checked by accounts professors only... They are basically dumb in theories so write Lil but write meaning full.... Don't write bakwas..
IMPORTANT OF AUDITING Principles of auditing /objectives /advantages Types of errors Types of farud Balance sheet audit Continuous audit Concept of true n fair view Windows dressing Secret reserve Interim audit Advantage n disadvantages of audit program Audit working paper Audit note book Test check.. Advantage.. Disadvantage Internal control n auditors duty regarding it Imp of vouching Verification of assets n auditors duty What is procedure of physical stock taking How to verify.. Debtors, hire purchase of assets, cash/ bank, plant n machinery, public deposit, outstanding expense, investment, How to vouch the following... Salary, advertising, purchase of investment, preliminary exp, purchase n sales ledger, cash sales, travelling exp, interest on investment, loan taken, plant n machine, Debtors Distinguish between... Vouching n verification
Auditing n accounting
Internal audit n statutory audit
Auditing n investigation .. All the best..
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