Annamalai University 2008-3rd Year B.Com " 310/710AUDITING " Part IV III [ Common with (Accounting and Finance )] - Question Paper

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Name of the Candidate :

5 14 9 B.Com. DEGREE EXAMINATION, 2008

(THIRD YEAR)

(PART - IV)

(PAPER - III)

310/710. AUDITING

(Including Lateral Entry System and Double Degree System )

[ Common with B.Com. (Accounting and Finance )]

December ]    [ Time : 3 Hours

Maximum : 100 Marks

Answer any FIVE questions.

All questions carry equal marks.

(5 x 20 = 100)

1. What are the provisions of the Companies Act relating to the removal of auditors ?

2. State the circumstances underwhich an auditor liable to third parties.

3 . Distinguish between final audit and continuous audit.

4.    State the procedure for internal check as regards to purchase and credit sale.

5.    What are capital profits ? Discuss the legal and commercial view points regarding the distribution of such profits.

6.    What are the features of Audit Evidences ?

7.    What are the objectives of internal control ?

8.    How do you vouch the payment side of the Cash Book ?

9.    What is meant by qualification in an audit report ? Give a specimen of it.

10.    What are the features of investigation ? How does it differ from auditing ?

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Turn over

Attachment: annamalai-university-2008-b-com-15614-1.pdf

Earning:   Approval pending.