AUDIT MANAGEMENT ARAVIND – 09901366442 – 09902787224
Need Answer Sheet of this Question paper, contact aravind.banakar@gmail.com www.mbacasestudyanswers.com ARAVIND – 09901366442 – 09902787224 AUDIT MANAGEMENT Q1) Focus of the auditor is no longer on the routine audit but rendering value added services like cost efficiency and decision making. Critically examine the statement with particular emphasis on the changing computer environment? Q2) How can the auditor be useful in achieving the objectives of a Charitable Trust or Society and a Co-operative Society? What is the legal position under the relevant status? Q3) It is the job of the directors to prepare the accounts of a company, auditor only reports on it. Elucidate and describe the types of audit report? Q4) The thrust area of an auditor is “True and Fair” and not “True and Correct” Elucidate in the light of statutory provisions under the Companies Act 1956. Q5) Discuss the three types of audits, which although not mandatory under the Income T...