Auditing is specially designed to serve as an undergraduate textbook for B Com students of the University of Calcutta. The book seeks to provide a thorough understanding of the theoretical and practical concepts of auditing.

The book is divided into two modules. The first module starts by introducing the subject, followed by classification of audit, its procedure and techniques, the concepts of internal control and internal audit, and its sampling and analytical procedure. It then delves into the concepts of vouching, verification and valuation of assets and liabilities, followed by company audit, dividend and divisible profit, depreciation, audit report and audit certificate, audit of different types of institutions, investigation, various thrust areas of audit, and finally professional ethics and misconduct.

With its simple and lucid explanations, and numerous supporting examples, figures, and comparison charts, the book will be easy for students to understand and assimilate the theory of auditing.

MODULE I

Introduction to Auditing
Classification of Audits
Audit Procedures and Techniques
Internal Control and Internal Audit
Audit Sampling and Analytical Procedure
Vouching of Different Items
Verification of Different Items

MODULE II
Company Audit
Divisible Profit and Dividend
Depreciation
Audit Report and Certificate
Audit of Different Institutions
Investigation
Other Thrust Areas in Auditing
Professional Ethics and Misconduct