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Punjab University PU Lahore B.COM Part 2 Past Paper of Auditing year 2014

Punjab University PU Lahore B.COM Part 2 Past Paper of Auditing year 2014

Auditing 2014

Time Allowed: 3 Hours New Course Marks: 100

Note: Attempt any five questions. All questions carry equal marks.

Question # 1

Explain the concept of audit and its objectives.

Question # 2

Define internal control. Suggest a suitable system of internal control for a large scale departmental store.

Question # 3

What is an Audit program? Give its advantages and disadvantages.

Question # 4

Explain in detail the “Techniques of vouching”.

Question # 5

How would you’re verifying the following:

Investment
Plant and Machinery
Loans
Goodwill
Question # 6

Explain the legal provisions relating to appointment and removal of auditor in Pakistan

Question # 7

Discuss Auditor’s liabilities towards his client with relevant case law.

Question # 8

Explain be special point to be kept in mind while examining the accounts of Cement Plant.

 

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