Scribd Logo
Upload

Welcome to Scribd!

  • IMP Questions

    Uploaded by

    Kunal Jain
    16 views2 pages
    This document outlines principles of auditing and provides sample exam questions on the topic at different point values. It includes definitions of key auditing terms like internal check, valuation of assets, auditing, and vouching. Sample questions cover topics such as the audit report, audit program, auditing a joint stock company, statutory audit, and qualifications of an auditor. Longer questions address objectives of auditing, internal check procedures, importance of vouching, characteristics of a computerized audit, types of audits, and verification and valuation of assets and liabilities.

    Original Description:

    Copyright

    © © All Rights Reserved

    Available Formats

    PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    Report this Document
    This document outlines principles of auditing and provides sample exam questions on the topic at different point values. It includes definitions of key auditing terms like internal check, valuation of assets, auditing, and vouching. Sample questions cover topics such as the audit report, audit program, auditing a joint stock company, statutory audit, and qualifications of an auditor. Longer questions address objectives of auditing, internal check procedures, importance of vouching, characteristics of a computerized audit, types of audits, and verification and valuation of assets and liabilities.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pdf or txt
    16 views2 pages

    IMP Questions

    Uploaded by

    Kunal Jain
    This document outlines principles of auditing and provides sample exam questions on the topic at different point values. It includes definitions of key auditing terms like internal check, valuation of assets, auditing, and vouching. Sample questions cover topics such as the audit report, audit program, auditing a joint stock company, statutory audit, and qualifications of an auditor. Longer questions address objectives of auditing, internal check procedures, importance of vouching, characteristics of a computerized audit, types of audits, and verification and valuation of assets and liabilities.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as pdf or txt
    of 2

    PRINCIPLES OF AUDITING

    2 MARKS QUESTIONS

    1. What is Internal Check?


    2. What is Valuation of Assets?
    3. Define Auditing?
    4. What is meant by Vouching?
    5. What is Audit Report?
    6. What do you mean by Audit Programme?
    7. What is Audit of Joint stock company?
    8. Mention any two qualifications of an auditor.
    9. What is statutory audit?
    10. What is investigation of Audit?
    11. What is Electronic auditing?
    12. What is vouching of cash book?
    13. Mention any two qualities of an auditor.
    14. What is vouching of impersonal Ledger?
    15. What is internal control of audit?
    16. What is audit of computerized Accounts?

    5 MARKS QUESTIONS

    1. Write a Short note on Vouching of cash book


    2. Explain the Contents of Audit report
    3. Briefly explain the objectives audit investigation.
    4. Distinguish between verification and valuation of Assets
    5. Briefly explain the Qualities of an Auditor.
    6. Write a short note on
    a) Audit programme b) Computerized Audit
    7. How do you verify the following?
    a) Good will b) Plant and machinery c) Land and Building

    GAJENDRA M L , ASSISTANT PROFESSOR, DONBOSCO DEGREE COLLEGE,CTA


    Page 1
    10 AND 15 MARKS QUESTIONS

    1. Explain the objectives of Auditing.


    2. Explain the procedures of internal check as regards to cash sales
    3. Explain the importance of vouching.
    4. Discuss the characteristics of an effective computerized audit
    5. Explain the different types of Audit.
    6. Who is company auditor ? Explain the rights and duties of a company Auditor.
    7. Explain the various modes of appointment of company auditor.
    8. Explain the advantages and disadvantages of company auditor
    9. Explain the objectives of company auditor
    10. Explain the vouching of cash book.
    11. Explain the investigation under the provisions of companies act.
    12. Explain the types of audit report.
    13. Explain the procedures of verification and valuation of Assets.
    14. Explain the procedures of verification and valuation of Liabilities.

    GAJENDRA M L , ASSISTANT PROFESSOR, DONBOSCO DEGREE COLLEGE,CTA


    Page 2

    You might also like