Thursday 8 March 2018

BA B.COM BS Auditing Course Code 481 Solved Assignments No.1 Autumn 2017


BA/B.com Auditing 481
Assignment No. 1





Question No. 1
Define scope of auditing and describe its advantages.



Answer:

Scope of Audit:
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Page 4

Advantages of Auditing:

Page 1

Page 2

Page 3

Page 4

Page 5



Question No.2
What are the major types of audit? Also explain the audit note book.

Answer:

Major Types of Audit:
Page 1

Page 2

Page 3

Audit Note Book:

Page 1

Page 2




Question No. 3
What do you understand by audit working papers? Describe with detail audit working papers.

Answer:
Audit Working Papers

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Page 3

Page 4

Page 5

Page 6

Page 7

Page 8

Page 9





Question No. 4
What are the relationship between internal auditor and statutory auditor? Also describe internal auditor report.

Answer :

Internal Auditor and Statutory Auditor / External Auditor
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Page 2

Page 3

Page 4


 Internal Auditor Report
Page 1

Page 2

Page 3




Question No. 5
Present a suitable format for drawing the trial balance relating to the accounts of the year you are auditing.

Answer :
A suitable format for drawing the trial balance

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