Course Code Credit

COM-662 ADVANCE AUDITING PROBLEMS Hours 4

Pre-Requisite NONE Semester IV

OUTLINE
The Audit environment
Auditing Specific Cycle and Accounts-Auditing the Revenue cycle
Buying Cycle, Product Cycle, Inventory Balances
Auditing theory and practice
International Audit standards-Auditing and Ethics-General Technology in Auditing-
Internal control and Review techniques-Attributive sampling and objective tests of
Internal Control-Audit of revenue
 Inventories, Assets and Liabilities Audit of payroll and other income and expenditure
items Reporting obligations and options-Reports by independent auditors non-opinion
reports
 Related problems Tangible and Intangible Asset
 Audit Report-Special reporting situations
 Sales Tax Audit
BOOKS RECOMMENDED
1. Stettler F. Auditing
2. Woolf, E. Auditing Theory.
3. Khawaja Amjad Saeed. Auditing. Accountancy and Taxation Services Institute Lahore.
4. Auditing by Muhammad Irshad, Naveed Publication, Lahore.
5. Zafar M. Zaidi. Auditing.
6. Meigs & Larson. Principle Auditing. University of Congress Richard, D. Irwin.
7. Attwood and Stein, N.D.de Paula's Auditing Principles and Practice. Pitman Publishing
Ltd.,London.