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Auditing Past Paper 2016 B Com Part 2

 PU B.Com Past Papers, Punjab University  9,117 Views

Auditing Past Paper 2016 B Com Part 2


UNIVERSITY OF THE PUNJAB 2016
Subject: Auditing    Paper: BC-402

Time Allowed: 3 hrs    Marks: 100

Note: Attempt any FIVE questions from the following. All questions carry equals marks.

Question # 1

Define Auditing. Also explain the difference between Auditing and Accounting.

Question # 2

Can the auditor be removed. If so what is the procedure of removal.

Question # 3

Define internal control. Suggest a suitable system of internal control for a large scale department store.

Question # 4

Discuss the special points involved in the audit of a Textile Mill.

Question # 5

What is meant by statutory report. What are its contents and also give the specimen of such report.

Question # 6

Under what circumstances an auditor would be held liable to third parties. Support your answer with

relevant case law.

Question # 7

Explain criminal liability of a auditor, prove your answer with case reference.

Question # 8

Define audit working papers. Explain the advantages of working paper.


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