PRACTICAL AUDITING - UAF20503J- unit 1
PRACTICAL AUDITING - UAF20503J B.COM (A&F)- III YEAR- V SEMESTER STUDY MATERIAL MS.N.MANJU, ASSISTANT PROFESSOR OF COMMERCE, FACULTIES OF SCIENCE AND HUMANITIES SRM-IST, RAMAPURAM UNIT-1 Definition of Audit - Difference between Auditing and Accountancy - Scope of Auditing - Objectives of Auditing - Nature of Auditing-Internal check – Meaning -nature and scope of internal check-internal audit-Internal control - Meaning and Objectives Definition of Audit · Prof. L R Dicksee defined auditing as: “Auditing is an examination of accounting records undertaken with a view to establish whether they correctly and completely reflect the transactions to which they relate.” · ...