Introduction of Auditing : 1.1 – Auditing – Meaning, Definition, Nature, 1.2 – Scope of Audit, 1.3 – Basic Principles governing audit, 1.4 – Objectives of Audit, 1.5 – Advantages & Limitations of audit, 1.6 – Relationship of Auditing with other subjects, 1.7 – Commencement of business audit, Theory questions
Types of Audit : 1.1 – Internal audit, 1.2 – Statutory audit, 1.3 – Continuous audit (also called Detailed Audit), 1.4 – Annual audit, 1.5 – Interim audit, 1.6 – Balance Sheet audit, 1.7 – Tax Audit, 1.8 – Cost audit, 1.9 – Human Resource Audit, 1.10 – Information Systems audit, 1.11 – Theory questions
Audit programme, Internal Check system, Routine checking : 1. Audit programme, 1.1 – Meaning of Audit Programme, 1.2 – Nature of Audit Programme, 1.3 – Scope of Audit programme, 1.4 – Objectives of Audit programme, 1.5 – Advantages of Audit programme, 1.6 – Disadvantages/ Limitations of Audit Programme, 2. Internal Check system, 2.1 – Internal check – Meaning, 2.2 – Features of Internal check system
Vouching, Verification and Valuation of assets and liabilities : 1. Vouching, 1.1 – Meaning and definition of vouching, 1.2 – Characteristics of Vouching, 1.3 – Objectives of Vouching, 1.4 – Advantages of vouching, 1.5 – Points to be considered while vouching transactions, 1.6 – Voucher, 1.7 – Material defects that disqualify a voucher, 2 – Verification and Valuation of assets and liabilities, 2.1 – Meaning of Verification, 2.2 – Difference between Vouching & Verification, 2.3 – Valuation
Company Auditor : 1 – Company Auditor, 1.1 – Eligibility and Qualification of Auditors, 1.2 – Disqualification of Auditor, 1.3 – Appointment of an auditor as per the Companies Act, 2013, 1.4 – Removal of an auditor as per the companies Act, 2013, 1.5 – Rights / Powers of company auditor, 1.6 – Duties of a Company Auditor, 1.7 – Liabilities of a Company Auditor, 1.8 – Remuneration of company auditor
Audit Report, Types of Audit Report : 1 – Audit report, 1.1 – Nature of audit report, 1.2- Importance of audit report, 1.3 – Contents of audit report, 1.4 – Types of audit report, 1.5 – Distinguish between Audit Reports and Audit Certificates, 1.6 – Notes on accounts / Notes to accounts, 1.7 – Distinction between notes and qualification
Audit of Banking companies : 1 – Audit of banks, 1.1 – Introduction to bank audit, 1.2 – Bank audit – a statutory audit, 1.3 – Bank audit report, 1.4 – Verification of various Assets of a bank, 1.5 – Verification of various Liabilities of a bank, 1.6 – Verification of Contingent Liabilities of a bank, 1.7 – Verification of items of Income and Expenditure of a bank, 1.8 – Theory questions
Audit of Insurance companies and Educational institutions : 1- Audit of Insurance Companies, 1.1 – Introduction, 1.2 – Basic legal frameworks regulating functioning of insurance companies, 1.3 – Accounting Regulations and Financial Statements, 1.4 – Some concepts or items referred in insurance business, 1.5 – Maintenance of Insurance Policy and Claims records, 1.6 – Verification of the items of Revenue Account and Balance Sheet of an insurance company, 2 – Audit of Educational Institutions