Contents: Preface. 1. Introduction. 2. Scope and importance of auditing. 3. Plan and procedure of auditing. 4. Routine and test checking. 5. Internal check, audit and control. 6. Vouching. 7. Verification and valuation. 8. Depreciation. 9. Provisions and reserves. 10. Company auditor: appointment and removal. 11. Company auditor: duties, rights and liabilities. 12. Company audit. 13. Dividends and divisible profits. 14. Audit report. 15. Special audit. 16. Investigation. 17. Cost and management audit. 18. Provisions and ethics of auditing.

“Auditing is an examination of accounting records undertaken with a view to establishing whether they correctly and completely reflect the transactions to which they relate. The study of accounting is incomplete without the thorough knowledge of auditing. Audit and accounting are not only closely related to each other but are also interdependent. The higher level justice and accuracy in accounting is possible only through wide use of audit principle.

The contents of the book are so designed so that it can cover the requirements of various universities and academic institutions for different examinations.” (jacket)