- Fundamentals of Financial Accounting
- BILLS OF EXCHANGE AND PROMISSORY NOTE (PROBLEMS 2)
- Nature & Scope of Cost Accounting
- Important Tips
- Previous Years University Papers
- Labour Cost — Accounting and Control
- Previous Years University Papers
- Procedure For Appointment of First Auditor
- VERIFICATION OF BANK BALANCE
- AUDIT COMMITTEE
- LIABILITIES OF AN AUDITOR
- DUTIES OF AN AUDITOR
- RIGHTS OF AN AUDITOR
- Personal Qualities of Auditor
- QUALITIES OF AN AUDITOR
Accounting TagsAccounting & Control Accounting Definitions ACCOUNTS PARTNERSHIP Auditing auditing standards audit planning audit sampling Bank Reconciliation Statement BASIC TERMS BILLS OF EXCHANGE Business Profits Business Transaction Capital CAPITAL AND REVENUE Cash Book CASH TRANSACTIONS Completing the Cost Cycle For Job-Order CONSIGNMENT ACCOUNTS Cost Accounting Departmentalization errors and frauds EXTRA REVISIONARY PROBLEMS Factory Overhead Fundamentals of Financial Accounting internal control Kinds of Audit Labour Cost LEARNING OBJECTIVES: Material Control — Storing and Issuing Nature & Scope of Cost Accounting OBJECTIVE QUESTIONS PARTNERSHIP ACCOUNTS PRACTICAL PROBLEMS Previous Years University Papers PROBLEMS Process Costing PROMISSORY NOTE Rectification of Errors Revenue Sampling SHORT ANSWER QUESTIONS Single Entry System The Auditor Verification vouching
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AUDIT COST definition with examples and formulaDefinition of AUDIT COST with formula and example to solve the problems with the suitable solution using concept in accounting keeping in mind the limitations and errors. How to calculate AUDIT COST with disadvantages and advantages using the rules in Cost and Management Accounting.
AUDITOR’S DUTIES COMPANY LAW: The Company’s ordinance 1984 is silent about thecreation of sinking fund. There is no legal formality for the establishment of sinking fund. ARTICLES OF ASSOCIATION: The articles of association may require the creation of sinking fund. … Continue reading
INVESTIGATION TO DETECT FRAUD MISAPPROPRIATION OF CASH , 1. REASONS: The investigator should enquire into reasons of defalcation. There may be omission of receipts, theft of income, short banking, lapping, under-casting, short-carryover, double payments, and over-casting. Personal expenses can be … Continue reading
COST AUDIT PROGRAMME 1. KNOWLEDGE RELATING TO THE COMPANY: The auditor must know the work being done by the company. The knowledge relating to entity, production process, types of products, and financial performance as well as general level of competence … Continue reading
CONTENTS OF COST AUDIT REPORT (a) Cost accounting records; (b) a statement of production capacity of the plant, in terms of machine hours and production units, the actual utilisation of the capacity and the reasons of difference between the two; … Continue reading
COST ACCOUNTING RECORDS Cost accounting records form an important part of cost accounting system. The principles of double-entry book-keeping are followed for maintaining records relating to transactions involving costs. The end product of the cost accounting records is the generation … Continue reading