AUDITING AND ASSURANCE

An audit is important as it provides credibility to a set of financial statements and gives the shareholders confidence that the accounts are true and fair. It can also help to improve a company’s internal controls and systems.

Course objectives:

1. To familiarize the students with the principles and procedure of auditing.

2. To enable the students to understand the duties and responsibilities of auditors and to undertake the work of auditing.

Reference:

1. Tandon, B.N., Sudharsanam, S., & Sundharabahu, S., A Handbook of Practical Auditing,S.Chand & Compaly Ltd, New Delhi.

2. Arun Jha, Auditing – University Edition, Taxman Publications
3. Saxena, R. G., Principles and Practice of Auditing, Himalaya Publishing House, Mumbai
4. Sharma, T. R., Auditing Sahitya Bhawan Publication Agra
5. Saxena, R. G., Principles and Practice of Auditing, Himalaya Publishing House, New Delhi
6. ICAI Study material for IPCC and Final