The book Auditing, is mainly for the students pursuing BBA but students pursuing B. Com., M. Com., MBA, CA, and other commerce and professional courses will also find this book very helpful. The book seeks to provide a thorough understanding of the theoretical and practical concepts of auditing. The text of the book is lucid and simple and is written in order to cater to the needs of the students. It helps in examination purposes and also enhances practical knowledge. Because no two audits are alike, this course uses a practical case-based approach to help students develop professional judgment, think critically about the auditing process and develop the decision-making skills necessary to perform a real-world audit.
Table of Contents:
1. Origin and Growth of Auditing. 2. Meaning, Definition and Scope of Auditing. 3. Objects and Advantages of Auditing. 4. Classification of Audit. 5. Techniques, Preparation and Procedure of Audit. 6. Internal Control, Check and Audit. 7. Vouching. 8. Capital and Revenue Expenditure. 9. Valuation of Assets and Liabilities. 10. Verification of Assets and Liabilities. 11. Depreciation, Provision and Reserve. 12. Appointment, Qualifications, Remuneration, Rights and Duties of an Auditor. 13. Liabilities of a Company Auditor. 14. Profits, Divisible Profits and Dividends. 15. Company Audit 16. Audit of Different Institutions. 17. Auditor’s Report and Certificate. 18. Investigation. 19. New Trends in Auditing. 20. Audit of Computerised Accounts. 21. Standards on Auditing – Audit Case Laws.