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 [...]
In this article we will discuss about the vouching of various transactions for auditing purpose:- 1. Petty Cash Book 2. Cash Sales 3. Underwriting Commission on Shares 4. Purchase of Investments 5. Dividends from Investments 6. Sale of Investments 7. Rent from Immovable Properties 8. Sale of Scraps 9. Income Tax Refund 10. Bad Debts Realised 11. Wages 12. Buildings [...]
The liability of a statutory auditor may be charted as under: 1. Contractual Liability: The Statutory Auditor is liable for nonfulfillment of the terms and conditions of an agreement between him and the company who appoints him. He may be held responsible under the Contract Act 'in failing to perform the duties' as laid down in agreement. In the absence [...]