Tag Archives | Auditing

Essay: Cost Audit–Objects, Types and Scope | Auditing

Here is an essay on ‘Cost Audit’ for class 9, 10, 11 and 12. Find paragraphs, long and short essays on ‘Cost Audit’ especially written for school and college students. Essay on Cost Audit Essay Contents: Essay on the Introduction to Cost Audit Essay on the Objects of Cost Audit Essay on the Types of Cost Audit Centre Essay on [...]

By |2018-03-21T06:06:50+00:00March 21, 2018|Cost Audit|Comments Off on Essay: Cost Audit–Objects, Types and Scope | Auditing

Dividends and Divisible Profits of a Company | Auditing

Some of the most frequently asked exam questions on auditing for dividends and divisible profits are as follows:  Q.1. Define and explain the term 'Di­visible Profits'. Ans. These refer to that portion of profits (i.e., the excess of income over expenditure including pro­vision for taxes and depreciation) which are avail­able for distribution as dividend to the sharehold­ers of the company. [...]

By |2017-06-20T20:12:54+00:00June 20, 2017|Company|Comments Off on Dividends and Divisible Profits of a Company | Auditing

Internal Control and Internal Check | Organisation | Auditing

Some of the most frequently asked exam questions on internal check and internal control auditing functions are follows: Q.1. Discuss the importance of internal control and internal auditing func­tions in an organisation. Ans. The Statutory Auditor (cost auditor or financial auditor) in forming his opinion on cost and finan­cial information needs reasonable assurance that the accounting system is adequate, that [...]

By |2017-06-20T20:12:54+00:00June 20, 2017|Internal Check|Comments Off on Internal Control and Internal Check | Organisation | Auditing
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