DDEDU - B.COM SYLLABUS: AUDITING

Dibrugarh University

Syllabus for B.COM Programme

Under Directorate of Distance Education

3^rd Year

Course No: B. Com. 302: AUDITING

Total Marks: 90

Objectives: The course aims at imparting knowledge on the principle methods of auditing and their applications. 

Block I: Audit & Audit Process:                                                                  18

(A) Audit: the attest functions, meaning, importance, objects and various Classes of audit. Audit process – Internal control: Internal audit and Internal check; Planning the audit: Audit Programme: Evidence and Working papers; Audit sampling.

Block II: Audit Procedures:                                                                          18

Routine Checking; Vouching; Verification and Valuation of Liabilities

Block III: Audit of Limited Companies:                                                   18

Qualification and appointment of company auditor; their power, duties and liabilities; Audit of share capital and debenture; Share transfers and managerial remuneration; Depreciation and reserves; Divisible profits and dividends; Audit of Public undertakings.

Block IV: Audit of Specialized Units and Investigation:                  18

(A) Audit of Specialized Units-Special features of audit of banking companies, educational institutions and cooperatives societies.

(B) Investigations – Meaning, difference between auditing and investigation and various classes of investigation.

Block V: Auditor’s Communication and Recent Trends:                  18

(A) Auditors Communication; Standard and qualified reports; Statutory Report.

(B) Recent Trends in Auditing; Cost Audit; Tax Audit; Management Audit; Efficiency Audit and Proprietary Audit; SSAP.

Suggested Readings: