MATHUR SIR – HOWRAH | GIRISH PARK

FINAL SUGGESTION
AUDITING & ASSURANCE
GROUP – A
Q1.What is an Audit ? State the objectives of an Audit. (2+3)

Q2.Explain Auditor's duty regarding prevention of errors and frauds. (5)

Q3. Define Audit working papers. Who is owner of Audit working papers? (2+3)

Q4. What are the basic principles governing an audit? (5)

Q5. What is analytical procedure in audit? (5)

Q6. What do you mean by Auditor’s Independence? (5)

Q7. State the purpose of Standards on Auditing? (5)

Q1. Write Short Notes On-
(a) Tax Audit (b) Social Audit
(d) Cost Audit (e) Performance Audit
(g) Materiality Concept
GROUP – B
(c) Environment Audit
(f) Propriety Audit
(h) Management Audit

Q2. As an Auditor how would you verify

(a) Goodwill (b) Inventory (c) Secured Loan
(d) Investment (e) Plant & Machinery (f) Debtors
(g) Trade Payable

Q3. How would you vouch the following

(a) Income from interest (b) Cash Sales
(c) Travel Expense (d) Interest on Dividend Income of Individual
(e) Research & Development ..
 MATHUR SIR – HOWRAH | GIRISH PARK

Q4. Difference Between

(a) Continuous Audit & Periodical Audit

(b) Internal Check & Internal Audit
(c) Error & Fraud
(d) Vouching of transaction & Verification of assets of Liabilities
(e) Audit Report & Certificate
(f) Vouching & Routine Checking
(g) Audit & Investigation
(h) Cost Audit & Management Audit

Q5. Explain Audit of an

(i) Undergraduate College

(ii) Hospital or Educational Institution

GROUP – C
Q1. Discuss the qualification and disqualification of a company auditor as per the Companies
Act, 2013. (9+ 6)

Q2. Explain the provisions of the Companies Act, 2013 for declaration and payment of
dividend. (15)

Q3. (a) State the circumstances when an auditor of a company may be appointed by
(i) Board of Directors,
(ii) Members of the company and
(iii) Central Government.
(b) State the qualifications of a company auditor. (10+5)

Q4. State the provisions of the Companies Act, 2013 in respect of appointment and removal
of an Auditor. (10)

Q5. Discuss the Provisions of the Companies Act, 2013 regarding remuneration of Auditor.
(10)
Q6. State the provisions of the Companies Act, 2013 regarding depreciation of the asset.(10)
Q7. Discuss the qualification and disqualification of a company auditor. (10)