Auditing

Auditing: Meaning, Objects, Fraud, Errors, Book-Keeping Accounting and Auditing, Classification of audits, Planning and procedure of audit, Audit Programmes; Auditors working papers, Test Checking and Routine Checking

Internal Control and Internal Check System- Meaning, Objectives and evaluation of internal control, Internal check and internal audit, Internal Control regarding sales, purchases, asset liabilities and salaries and wages.

Audit Procedure-Meaning, Objective and Importance of Vouching, Vouching and Routing Checking, General Principle of Vouching, Vouching of different item of transactions,

Verification and Valuation of Assets and Liabilities With special reference to Plant & Machinery, Building, Goodwill, Patent, Copy Right, Investment, Debtors, Inventories, Share Capital and Loans, Contingent Liabilities and Contingent Assets ; Rules laid down in Kingston Cotton Mills Co Ltd, Irish Woolen Co Ltd

Audit of Joint Stock Companies: Appointment, removal and remuneration of company auditor, Audit of share capital, debentures and managerial remuneration, Audit for the purpose of statutory reports and prospectus. Rights, duties and liabilities of an auditor laid down in London and General Bank Case, CIT v/s G.M Dandedkar,  Anupam Roy v/s P.K Mukharjee

Divisible Profits and Dividends

Divisible Profits and Dividends with legal provisions of Companies Act(With special reference to (depreciation) and relevant Case Laws

Auditors Report: Definition, Distinction between Auditor’s Report and Auditor’ Certificate, Contents of Auditor’s Report, Classification (Clean, Qualified ,Disclaimer )