AIOU Guess Paper Auditing Code 580
ALLAMA IQBAL OPEN UNIVERSITY, ISLAMABAD
Course: Course Auditing (Code 580)
Guess Papers
| Q # | Questions/Answers |
| 1 | What is audit and why it is conducted. Discuss the history of audit in Pakistan. Also write your view on this audit history. |
| 2 | Define internal control system and its role in audit. Discuss the principles of internal control system in detail. |
| 3 | Explain the concept of sample in audit profession. Critically discuss the advantages and disadvantages of audit sampling in detail. |
| 4 | Define routine checking. Discuss the relationship among internal check, routine checking and vouching in detail. |
| 5 | Define verification and its importance. Discuss the verification procedure of fixed assets in detail. |
| 6 | What is company audit and why it is conducted? Discuss the required qualification for a company auditor in Pakistan in detail. |
| 7 | What is management audit report and why it is important? Discuss the main contents of management audit in detail. |
| 8 | What is investigation? Discuss the various stages of investigation in detail. |
| 9 | Describe the following: 1. Internal Audit 2. Statutory Audit 3. Fraud 4. Investigation |
| 10 | 1 Write comprehensive note on different types of audit. 2 Describe qualification and professional ethics of an auditor. |
| 11 | Describe the role of an internal control system. Also explain practical applications of an internal control system. |
| 12 | Explain with details the vouching of debit and credit side of cashbook. |
| 13 | Describe verification as a technique of auditing. Explain various steps involved in verification of short-term and long-term liabilities. |
| 14 | Explain the procedure of the appointment of a company auditor. Also explain rights, powers and duties of an auditor. |
| 15 | Define management audit program. Explain in detail the work and duties of a management auditor. |
| 16 | What do you understand by special audit? Discuss the factors necessitating conduct of investigation. |
| 17 | What is the duty of auditor with reference to computerized accounts? |
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