What do you understand by Audit Techniques. List the types of audit Techniques and write note on them.
Vouching is the essence of Audit? Discuss.
What points should be considered while examine the voucher’s of a company?
Explain the importance of an accurate valuation of inventory. List steps for the verification of Inventory?
State the necessary steps for the verification of: (a) Cash in hand (b) Cash in bank.
How would you verify: (i) Accounts Receivable/ Debtors
(ii) Bad & Doubtful debts (iii) Investment
What is an audit confirmation? What procedures should an auditor adopt to obtain it?
Distinguished between a positive confirmation and a negative confirmation in the auditor examination of account receivable?
Outline the procedure of verification of the following:
i) Fixed Assets
ii) Prepaid Assets
List the points, which an auditor will see in the examination of: –
i) Prospectus of a public limited company; &
ii) Minutes books of the Annual General Meeting of the shareholders.