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Pilot Study Notes Auditing (Questions and Answers)

For B.Com Part II
By Irfan Iqbal & Shahzada Shahab Khan

This book serves as a comprehensive study guide for B.Com Part II Auditing, covering key auditing concepts through questions and answers. It is designed to help students grasp fundamental auditing principles, prepare for exams efficiently, and understand real-world auditing applications.

Key Features:

Exam-Oriented Questions & Answers – Covers frequently asked questions for better preparation.
Concept-Based Learning – Clear explanations of auditing principles, techniques, and procedures.
Latest Auditing Standards – Includes recent updates and developments in auditing practices.
Simplified Approach – Easy-to-understand content for quick revision.
Covers Theoretical & Practical Aspects – Helps students understand the application of auditing in real scenarios.

Topics Covered:

📌 Introduction to Auditing – Definition, objectives, and types of audits
📌 Audit Process & Planning – Steps involved in conducting an audit
📌 Internal Control System – Importance and evaluation of internal controls
📌 Vouching & Verification – Examination of transactions and financial records
📌 Audit of Different Entities – Audit procedures for businesses, banks, and non-profits
📌 Audit Reports & Opinions – Types of audit reports and their significance
📌 Ethics & Responsibilities of Auditors – Professional conduct and legal responsibilities

Ideal For:

🔹 B.Com Part II Students
🔹 Commerce & Accounting Students
🔹 Aspirants of Finance & Auditing Jobs
🔹 Competitive Exam Candidates (PPSC, FPSC, NTS)
🔹 Anyone Looking to Learn Auditing Basics

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