Master of Commerce (M.Com.) MCom Accountancy SEM IV ADVANCED ACCOUNTANCY COURCE IV ADVANCE AUDITING Question Paper - Mumbai University | munotes

Questions asked in this paper

• N.B: Figures to the right indicate full marks

1. Q1 Reserves & Surplus
2. Q2 Fixed Assets
3. Q3 Account Receivable Q-3 Explain in detail — Disclosure of Accounting Policies AS-1 Q-4(A) State whether following statements are true or false. (8)
4. Q1 Insurance business is controlled by IRDA Regulation, 2002
5. Q2 SA 300 is effective from 1* April 2008
6. Q3 Audit report and Certificate from auditor are differ
7. Q4 Documentary proof of entry in books of accounts is considered as An Audit evidence
8. Q5 Audit report is always qualified report
9. Q6 Sweat equity shares issued to employee of the company
10. Q7 Buy Back of shares must be authorised as per Article of Association
11. Q8 Authorised share capital and issued share capital never be same Q-4(B) Match the Column (7) 2.SA 300 b).Issued by ICAI 3.SA 500 c).Planning an Audit of Financial Statement 4.Bonus Shares d).Not followed Basic Accounting Principle 5.Accounting Standard 6.Fraud f).Resolution need to pass in Share Holders 7.Continue Audit g).Throughout the year Q-4 Write Short Notes on (Any Three) (15)
12. Q1 Audit of Bonus Shares
13. Q2 Audit of Dividend Paid
14. Q3 Objectives of Audit Standards
15. Q4 Working Papers
16. Q5 SA 300- Planning an Audit of Financial Statement

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