DISTANCE EDUCATION
B.Com. (CA)/B.Com. (Lateral) DEGREE
EXAMINATION, MAY 2016.
AUDITING
(2005 onwards)
Time Three hours Maximum 100 marks
SECTION A — 8 40 marks)
Answer any FIVE questions.
1. What is an audit? What are its advantages?
2. What is an audit programme? State its advantages and
disadvantages.
3. Enumerate the duties of an auditor while verifying the
assets of a company.
4. What are the points to be considered while examining the
vouchers?
5. "Auditor is not a valuer but he is intimately connected
with the valuation of assets" Elucidate.
6. Explain the qualification and disqualification of a
company auditor.
7. Enumerate the rules regarding the payment of a
dividend.
8. What are the various types of investigation?
Sub. Code
32
DE-3310
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hp-ap1
SECTION B — × 15 60 marks)
Answer any FOUR questions.
9. What are the points to be considered by an auditor before
conducting a new audit?
10. State the differences between internal audit and
statutory audit.
11. Describe the duties of an auditor regarding verification
and valuation of assets and liabilities.
12. What are the statutory books and registers required to be
maintained by the company?
13. Explain the rights and duties of an auditor under the
Indian Companies Act 1956.
14. How and when would you conduct investigation under
the Companies Act 1956?
15. Distinguish between auditing and investigation.