Patna University 2010 B.Com , Part-I, Auditing - Question Paper

2010

AUDITING

Full Marks : 100

Time : 3hours

The ques. are of equal value

ans any 5 ques.

1. What do you understand by Auditing? How does Auditing differ from Accountancy?

2. "An Auditor is a watch-dog not a bloodhound." discuss this statement.

3. describe vouching and discuss its importance.

4. Distinguish ranging from internal check and internal audit. Point out the auditor's duty regarding internal check.

5. What is meant by the term verification? provide the objects and importance of verification.

6. What is secret reserve? How is it created? discuss the duties of an auditor in this respect.

7. explain in detail the liabilities of a company auditor.

8. What is Statutory Report? How would you audit the same?

9. How would you conduct the audit of a banking company?

10. Write short notes on any 2 of the subsequent :
(a)Qualities of a successful auditor
(b)Depreciation
(c)Investigation
(d)Audit programme.

Earning:   Approval pending.