Download JNTU Anantapur (Jawaharlal Nehru Technological University Anantapuramu) MBA 2017 November Third Semester (3rd Semester/1-2) Regular & Supplementary Examinations 12E01305c Auditing & Accounting Standards Question Paper.
MBA (Finance) III Semester Regular & Supplementary Examinations November/December 2017
AUDITING & ACCOUNTING STANDARDS
(For students admitted in 2013,2014, 2015 & 2016 only)
Time: 3 hours Max. Marks: 60
Answer any FIVE questions
All questions carry equal marks
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1 What do you mean by auditing? Discuss its objectives.
2 What are the advantages of an audit programme?
3 What do you understand by verification? Distinguish between the terms vouching, verification and
valuation.
4 Describe the powers of an auditor of a company.
5 Describe various steps involved in business report writing.
6 Examine the purposes of audit of financial statements.
7 Brief the following:
(a) AS-3 cash flow statement.
(b) AS-9 revenue recognition.
8 Describe the following:
(a) AS-10 ? property, plant and equipment.
(b) AS-12 ? Government grants.
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This post was last modified on 03 January 2020