ECO-12 Elements of Auditing Solved Assignment. Assignment Solution For July 2018 and January 2019
Course Code : ECO-12
Course Title : Elements of Auditing
Assignment Code : ECO-12/TMA/2018-19
Coverage : All Blocks
Maximum Marks: 100
Attempt all the questions
- “Where Book-keeping ends, Accountancy begins, where Accountancy ends, Auditing begins”. Explain this statement.
- (a) What is internal control? Differentiate between internal control and internal check.
(b) What do you mean by vouching? Differentiate between vouching and routine checking.
- (a) How would you verify the following:
(b) How would you value the following:
- (a) Explain the rights and duties of an Auditor.
(b)Describe the main provisions of company law regarding appointment and removal of an Auditor.
- (a) What is Auditor’s Report? Give imaginary specimen of a clean report.
(b) Differentiate between Clean & Qualified Report.