ACC311 Fundamentals of Auditing
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Course Category |
Accounting, Banking & Finance |
Course Level |
Undergraduate |
Credit Hours |
3 |
Pre-requisites |
MGT101, MGT402 |
Instructor |
Mian Ahmad Farhan (ACA) Chartered Accountant The Institute of Chartered Accountants of Pakistan |
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Course Content |
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| basics of auditing (An advent), objective and fashionable principles Governing, reasonable warranty, prison attention regarding Auditing Rights, responsibilities and Liabilities of Auditor, Liabilities of an Auditor, Books of Account & economic Statements, know-how the Entity and Its environment, Documenting the inner control system, comparing the inner control system, internal manipulate Questionnaire, Audit exams, important approaches Audit proof, sufficient suitable Audit evidence & testing the income device. trying out The income gadget, testing the Purchases system, trying out the Payroll device, trying out the coins system, checking out different systems, checking out the Non-modern-day property, Verification technique of Audit, Verification of assets, Letter of illustration & Verification of Liabilities, Verification of fairness, Verification of financial institution Balances, Verification of inventory-In-exchange and store & Spares, Audit Sampling, Statistical Sampling, considering the paintings of inner Auditing, Audit planning, making plans an Audit of economic Statements, Audits of Small Entities, Auditor’s document on a complete Set of popular motive economic Statements, modified Auditor’s file. | |