PREVIOUS YEAR 'S QUESTION PAPER OF AUDITING FOR FOUR YEARS 2016 TO 2018

·         AUDITING
PREVIOUS QUESTION PAPERS OF PAPER AUDITING FOR FOUR YEARS

·         SHORT QUESTION

1.       WHAT IS VERIFICATION?

2.       WHAT IS INTERNAL AUDIT?

3.       AUDITOR ‘S CERTIFICATE

4.       LIMITED COMPANY

5.       AUDIT COMMITTEE

6.       WHAT IS VOUCHING OF CASH BOOK?

7.       INDEPENDENCE OF AUDITOR?

8.       WHAT IS THE PURPOSE OF AUDITING?

9.       RIGHTS OF AUDITOR

10.   INTERIM AUDIT

11.   DIFFERENCE BETWEEN INTERNAL CHECK AND INTERNAL AUDIT?

12.    SHORT QUESTION

13.   WHAT IS AUDITING?

14.   WHAT IS INTERNAL CONTROL?

15.   WHAT IS VOUCHING?

16.   WHAT IS TAX AUDIT?

17.   ASSETS AND LIABILITIES

18.   WHAT ARE THE OBJECTIVES OF AUDITING?

19.   MANAGEMENT AUDIT?

20.   WHAT IS CONFIDENTIALITY IN AUDITING?

21.   WHAT IS NEGLIGENCE?

22.   WHAT IS CASH BOOK?

23.   SHORT QUESTIONS

24.   WHO IS AUDITOR?

25.   WHAT IS VOUCHING?

26.   WHAT IS INTERNAL CHECK?

27.   DEFINE LIABILITIES?

28.   AUDIT COMMITTEE

29.   AUDITING STANDARDS

30.   EXPLAIN VOUCHING OF CASH?

31.   RIGHTS OF AUDITOR

32.   AUDITOR’S REPORT

33.   DIFFERENCE BETWEEN INTERNAL CHECK AND INTERNAL CONTROL

·         LONG QUESTION B SECTION

1.       WHAT ARE THE DIFFERENT TYPES OF AUDIT?

2.       EXPLAIN QUALIFICATION OF A GOOD AUDITOR?

3.       WHAT IS THE NEED OF INTERNAL AUDIT?

4.       WHAT ARE THE DIFFERENT CLASSIFICATION OF AUDIT?

5.       SECTION C

6.       HOW VOUCHING OF TRADING TRANSACTIONS TAKE PLACE?

7.       EXPLAIN VERIFICATION AND VALUATION OF IMPORTANT ASSETS AND LIABILITIES

8.       WHAT ARE THE DUTIES AND LIABILITIES OF AN AUDITOR?

9.       WHAT ARE THE RECENT TRENDS IN AUDITING?

10.   LONG QUESTION SECTION B

11.   WHAT IS AUDITING? WHAT ARE THE BASIC PRINCIPLES OF AUDITING?

12.   WHAT IS THE DIFFERENCE BETWEEN INTERNAL CHECK AND INTERNAL CONTROL?

13.   WHAT ARE THE FUNDAMENTAL PRINCIPLES OF INTERNAL CHECK?

14.   EXPLAIN THE QUALIFICATIONS OF GOOD AUDITOR?

15.   SECTION C

16.   EXPLAIN AUDIT PROCEDURE

17.   WHAT IS VOUCHING? WHAT IS THE DIFFERENCE BETWEEN VOUCHING AND VERIFICATION?

18.   WRITE A DETAILED NOTE ON AUDIT COMMITTEE?

19.   WHAT ARE THE RECENT TRENDS IN AUDITING?

20.   SECTION B

21.   EXPLAIN IN DETAIL INTERNAL CHECK,INTERNAL AUDIT AND INTERNAL CONTROL?

22.   EXPLAIN IN DETAIL AUDITING STANDARDS AND TECHNIQUES

23.   WHAT ARE THE LIMITATIONS OF AUDIT

24.   WHAT ARE THE DIFFERENT CLASSIFICATION OF AUDIT

25.   SECTION C

26.   EXPLAIN IN DETAIL THE AUDIT PROCEDURE?

27.   WHAT ARE THE RIGHTS AND DUTIES OF AN AUDITOR?

28.   WHAT ARE THE CONTENTS AND TYPES OF AUDITOR’S REPORT?

29.   SECTION A SHORT QUESTIONS

30.   MANAGEMENT AUDIT

31.   AUDIT CERTIFICATES

32.   TYPE OF VOUCHERS

33.   ROUTINE CHECKING

34.   GOVERNMENT AUDIT

35.   EXTERNAL AUDIT VS INTERNAL AUDIT

36.   FIRST AUDITOR

37.   CLEAN REPORT

38.   AUDITING VS INVESTIGATION

39.   BALANCE SHEET AUDIT

40.   AUDITOR OF LIMITED COMPANY

41.   SECTION B LONG QUESTIONS

42.   THE MAIN PURPOSE OF AUDITING ARE DETECTION OF ERRORS AND FRAUD? COMMENT?

43.   HOW WILL YOU DISTINGUISH BETWEEN CONTINUOUS AUDIT AND PERIODICAL AUDIT? DISCUSS THE ADVANTAGES AND DISADVANTAGES OF EACH?

44.   WHAT IS INTERNAL CONTROL? WHY TO HAVE INTERNAL CONTROL? EXPLAIN THE ELEMENTS OF A GOOD SYSTEM OF INTERNAL CONTROL?

45.   WHAT DO YOU MEAN BY INTERNAL CHECK.SUGGEST A SUITABLE SYSTEM OF INTERNAL CHECK WITH REGARD TO PAYMENT OF WAGES

46.   SECTION C

47.   WHAT DO YOU UNDERSTAND BY VERIFICATION AND VALUATION? HOW WOULD AN AUDITOR VERIFY THE FIXED ASSETS APPEARING IN THE BALANCE SHEET OF A LIMITED COMPANY?

48.   WHAT ARE THE RECENT TRENDS IN AUDITING?

49.   STATE THE PROVISIONS OF COMPANIES ACT REGARDING QUALIFICATION,APPOINTMENT AND REMOVAL OF AUDITOR?

50.   DISCUSS THE CIVIL LIABILITIES OF AN AUDITOR WITH THE HELP OF LEGAL CASES?