| Unit 1 | |
| Auditing, Meaning, Definition, Nature, Importance and Limitations, Relationship of Auditing with other Disciplines | VIEW |
| Basic Principles governing an Audit | VIEW |
| Ethical Principal | VIEW |
| Concept of Auditor’s Independence | VIEW |
| Standards on Auditing and Guidance Notes: Overview | VIEW |
| Standard-setting Process | VIEW |
| List of Standards on Auditing issued by the ICAI | VIEW |
| List of Guidance Note(s) | VIEW |
| Unit 2 | |
| Concept of Materiality, Materiality in Planning and Performing an Audit, Auditor’s Responsibility to apply the Concept of Materiality | VIEW |
| Internal Control: Evaluation of Internal Control System, Testing of Internal Control | VIEW |
| Internal Control and IT Environment | VIEW |
| Digital Audit: Key Features of an Automated Environment, Impact of IT related Risks, Impact on Controls, Internal Financial Controls as per Regulatory requirements, Types of Controls | VIEW |
| Audit approach | VIEW |
| Understanding and Documenting Automated environment | VIEW |
| Unit 3 | |
| Auditing engagement | VIEW |
| Audit Planning (SA 300 Planning an Audit of Financial Statements) | VIEW |
| Audit Programme | VIEW |
| Control of Quality of Audit Work | VIEW |
| Delegation and Supervision of Audit Work | VIEW |
| Audit Documentation (SA 230 Audit Documentation) | VIEW |
| Audit Working Papers | VIEW |
| Audit Files: Permanent and Current Audit Files, Ownership and Custody of Working Papers, | VIEW |
| Obtaining Audit Certificate | VIEW |
| Audit evidence (SA 500 Audit Evidence): Audit procedures for Obtaining Evidence, Sources of evidence Reliability of Audit Evidence, Methods of Obtaining Audit evidence, Physical Verification | VIEW |
| Audit Trail, Direct Confirmation, Re-computation, Analytical review Techniques, Representation by Management | VIEW |
| Audit Sampling (SA 530 Audit Sampling): Meaning of Audit Sampling, Designing an audit Sample, Types of Sampling (Approaches to Sampling), Sample Size and Selection of items for Testing, Sample Selection Methods | VIEW |
| Unit 4 | |
| Vouching: Meaning and Objectives, Procedure of Vouching | VIEW |
| Audit of Payments, Audit of Receipts, Audit of Purchases, Audit of Sales | VIEW |
| Audit of Supplier’s Ledgers | VIEW |
| Audit of Debtor’s Ledger | VIEW |
| Verification: Meaning and Objectives, Impersonal Ledger, Audit of Assets and Liabilities | VIEW |
| Valuation: Meaning and Objectives | VIEW |
| Inventory Valuation | VIEW |
| Unit 5 | |
| Company Audit, Audit of Shares | VIEW |
| Qualifications and Disqualifications of Auditors | VIEW |
| Appointment of Auditors, Removal of Auditors, Powers and Duties of Auditors | VIEW |
| Branch audit, Joint audit, Special audit | VIEW |
| Reporting Requirements under the Companies Act, 2013 | VIEW |
| Audit Report: Qualifications, Disclaimers, Adverse Opinion, Disclosures, Reports and Certificates | VIEW |
One thought on “Auditing Bangalore North University BCOM SEP 2024-25 5th Semester Notes”