Auditing

Notes for Auditing to learn in easy way. It almost cover all important topics of auditing which are given below

Unit – 1. Introduction

Definition, Scope, Objectives of Auditing
Generally accepted auditing practices
Internal check
Internal Audit
Internal control
Interface between Internal Auditor and Statutory Auditor

Unit – 2. Vouching

Cost transactions and trading transactions
Audit of ledger
Verification and valuation of Assets and liabilities

Unit – 3. Depreciation and Reserves

Depreciation

Unit – 4. Audit of limited companies

Qualification, Appointment, Removal, Remuneration, Powers and Duties
Audit of Financial statements
Divisible profits and dividends

Unit – 5. Investigation

Objects investigation
Legal position and liability of an Auditor
Professional conduct and Ethics