Eco 12 Ignou Assignment

ECO – 12
Course Title : Elements of Auditing
Assignment Code : ECO – 12 /TMA/2017-18
Coverage : All Blocks
Maximum Marks: 100
Attempt all the questions.
1. “In vouching payments, the auditor does not merely seek proof that money has been paid
always”. Discuss and explain the general conditions to be born in mind by the auditor while
vouching cash transactions. (20)
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2. Distinguish between any two of the following:
(a) Audit Programme and Audit Note Book
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(b) Internal Audit and Statutory Audit
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(c) Company Audit and Partnerhsip Audit (10+10)
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3. Explain the procedure of Appointment and Removal of an Auditor in a Company. (10+10)
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4. How will you examine the following items while auditing the accounts of a limited company?
(i) Redemption of Preference Share
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(ii) Forfeiture of Shares (10+10)
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5. (a) What is meant by Clean and Qualified report? Explain the circumstances under which a
qualified report may be necessary.
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(b) Discuss the major areas of examination involved in Management Audit. (10+10)
CLICK HERE TO GET ANSWER

ECO – 12
Course Title : Elements of Auditing
Assignment Code : ECO – 12 /TMA/2017-18
Coverage : All Blocks
Maximum Marks: 100
Attempt all the questions.
1. “In vouching payments, the auditor does not merely seek proof that money has been paid
always”. Discuss and explain the general conditions to be born in mind by the auditor while
vouching cash transactions. (20)
CLICK HERE TO GET ANSWER

2. Distinguish between any two of the following:
(a) Audit Programme and Audit Note Book
CLICK HERE TO GET ANSWER

(b) Internal Audit and Statutory Audit
CLICK HERE TO GET ANSWER

(c) Company Audit and Partnerhsip Audit (10+10)
CLICK HERE TO GET ANSWER

3. Explain the procedure of Appointment and Removal of an Auditor in a Company. (10+10)
CLICK HERE TO GET ANSWER

4. How will you examine the following items while auditing the accounts of a limited company?
(i) Redemption of Preference Share
CLICK HERE TO GET ANSWER

(ii) Forfeiture of Shares (10+10)
CLICK HERE TO GET ANSWER

5. (a) What is meant by Clean and Qualified report? Explain the circumstances under which a
qualified report may be necessary.
CLICK HERE TO GET ANSWER

(b) Discuss the major areas of examination involved in Management Audit. (10+10)
CLICK HERE TO GET ANSWER

Afflluence Writng Service

IGNOU BCOM ECO-12 Study Material –Dear Learners, The full downloadable free study materials for ECO-12 (Elements of Auditing) are listed below to facilitate your studies for securing good marks in upcoming term end examinations. Though, your performance in examination will mostly depend on your efforts only. Even though, I can assure you that the following study materials will proof to be cabalistic in your efforts.

To access or download other Study material related to Ignou B.Com you can browse through various pages of the on this website.

In case the links below are un-accessible or un-downloadable or you want to give your valuable suggestions or request for additional or specific study material. You can write in the comment box below or email at ignoubcom@gmail.com.   I will try to reply your comments or emails as soon as possible.

Hope, It will be useful for you. I your requirements don’t fulfil from these materials let me know by writing in the comment box below. I will try to provide the required study materials as soon as possible.  

Wish you best of luck.

 

ECO-12 Elements of Auditing (B.COM)-

Block- 1 Fundamentals of Auditing

Block- 2 Vouching and Verification

Block- 3 Company Audit

Block- 4 Auditor’s Report and Cost Audit

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