Syllabus For The Subject CO-OPERATIVE AUDITING

UNIT - 01

GENERAL AUDIT - ORIGIN AND DEVELOPMENT OF AUDITING - DEFINITION OF AUDIT -

OBJECTS OF AUDIT - ADVANTAGES OF AUDIT

UNIT - 02

KINDS OF AUDIT - METHOD OF WORK AUDIT AND WORKING SHEETS - DUTIES AND

RESPONSIBILITIES OF THE AUDITOR

UNIT - 03

CO-OPERATIVE AUDIT - DEFINITION - OBJECTIVES AND NEED OF CO-OPERATIVE AUDIT -

ASPECTS OF CO-OPERATIVE AUDITORS

UNIT - 04

AGENCIES FOR AUDIT - KINDS OF CO-OPERATIVE AUDIT WORK - PREPARATION FOR

AUDITING IN VARIOUS STAGES - AUDIT PROGRAMMES - AUDIT CLASSIFICATION -

DISTRIBUTION OF NET PROFIT

UNIT - 05

VOUCHING AND ROUTINE CHECKING STEPS IN VOUCHING - ROUTINE CHECKING -

VOUCHING OF RECEIPTS AND PAYMENTS - AUDIT OR TRADING TRANSACTIONS

UNIT - 06

CHECKING OF LEDGERS CHECKING OF RECEIPTS AND DISBURSEMENT STATEMENTS -

FINAL ADJUSTMENTS

UNIT - 07

OUTSTANDING EXPENSES AND PREPAID EXPENSES - ACCRUED INCOMES RECEIVED IN

ADVANCE - DEPRECIATION BAD AND DOUBTFUL DEBTS - CONTINGENT LIABILITIES.

UNIT - 08

VERIFICATION AND VALUATION OF ASSETS AND LIABILITIES - MEANING AND STEPS

UNIT - 09

VERIFICATION OF SEVERAL OF LIABILITIES - VALUATIONS OF ASSETS - MEANING AND

NATURE

UNIT - 10

VALUATION OF FIXED ASSETS - VALUATION OF CURRENT ASSETS - VERIFICATION OF

LOANS

UNIT - 11

FINAL ACCOUNT AND BALANCE SHEET - AUDIT OF TRADING ACCOUNT - PROFIT AND

LOSS ACCOUNT AND BALANCE SHEET

UNIT - 12

MISAPPROPRIATION AND FRAUDS MISAPPROPRIATION OF CASH - DEFALCATION OF

GOODS