June – 2021
B.Com (VI Semester) Examination
Commerce
Paper: BCM – 602 (Old Course)
(Auditing)
Full Marks : 80
Pass Marks : 35%
Time : Three Hours
Notes: (i) Answer all questions.
(ii) The figures in the margin indicate full marks for the questions.
SECTION I
1. Answer the following questions: 2x5=10
a) What is vouching?
b) What is audit notebook?
c) Explain ‘audit’
d) Define cost audit
e) What is internal control?
SECTION II
2. Answer any four questions from the following: 5x4=20
a) What are various forms of audit?
b) Distinguish between audit and accounting.
c) Discuss liabilities of company auditor.
d) What are important contents of an audit report?
e) Discuss importance of internal check in business.
f) Explain annual audit and its importance in business.
SECTION III
3. Answer any five questions from the following: 10x5=50
a) Explain the audit of cash book and closing stock of a company.
b) Discuss the advantages of an audit programme.
c) Briefly explain management audit in Indian context.
d) Discuss the audit procedure for vouching of cash sales and credit purchases.
e) Discuss the duties of a company auditor.
f) Explain how does audit help in prevention of errors and frauds.
g) Explain Balance Sheet audit and interim audit.
