Objective: The objective of the paper is to help the students in understanding concepts and
issues in Auditing and Secretarial Practice.
UNIT-I
Auditing: Introduction, Meaning, Objectives, Basic Principles, Classifications, Advantages and
Limitations of Audit. Investigation, Difference between Audit and Investigation: Audit Program,
Audit Evidence, Internal Control, Internal Check and Internal Audit.
Vouching – Definition – Features – Examining Vouchers - Vouching of Cash book – Vouching
of Trading Transactions.
Verification and Valuation of Assets & Liabilities
Company Auditor - Qualifications and Disqualifications –Appointment - Removal,
Remuneration, Rights, Duties and Liabilities, Auditor’s Report - Contents and Types Company
Auditor Report Order (CARO).
UNIT – II
Secretarial Practice: Definition of Company Secretary, Qualification of Company Secretary,
Appointment, Dismissal, Duties & Liability for Offences of Company Secretaries. Position and
Role of Company Secretaries, Company Secretary in Practice.
Annual General Meeting, Extra Ordinary General Meeting, Director, Board and Committee
Meetings, Meaning and Types of Motions and Resolution, Minutes, Role of Company Secretary
before, during and after Meetings.
Practical Work :
a) Practical Work on Vouching and Audit Report Preparation.
b) Preparing of Minutes, Motions and Resolutions, Holding of Meetings.
