What You Will Learn
1.1 Introduction
2.1 Statutory Audit
2.2 Tax Audit
2.3 Internal Audit
3.1 Audit Techniques
- 3.1.1 Error of Principle
- 3.1.2 Error of Omission
- 3.1.3 Error of Duplication
- 3.1.4 Error of Commission
- 3.1.5 Compensating Errors
- 3.1.6 Transposition Errors
- 3.1.7 Audit Tools
3.2 Data Analysis
4.1 Introduction to TallyPrime
4.2 Analysis & Verification
- 4.2.1 Business Owners
- 4.2.2 Auditors
4.3 Analysis & Verification in TallyPrime
- 4.3.1 Data Analysis
- 4.3.2 Voucher Verification
5.1 Accessing the Menu
6.1 Verification of Chart of Account
- 6.1.1 Verification using Current Year Company only
- 6.1.2 Accounts Squared-off during the year
- 6.1.3 Not Used
- 6.1.4 Only Balances, No Transaction
- 6.1.5 Revenue Ledgers having Opening Balances
- 6.1.6 Used Only in Current Year
- 6.1.7 Verification using Current Year and Previous Year Company
- 6.1.8 Not Available in the Current Year
- 6.1.9 Not Used in Current Year
- 6.1.10 Only Balance Last Year and Used in Current Year
- 6.1.11 Regrouped
6.2 Verification of Stock Items
- 6.2.1 Verification using Current Year Company only
- 6.2.2 Negative Stock
- 6.2.3 Not Used
- 6.2.4 Used Only in Current Year
- 6.2.5 Verification using Current Year and Previous Year Company
- 6.2.6 Difference in Opening Stock
- 6.2.7 Not Available in Current Year
- 6.2.8 Not Used in Current Year
- 6.2.9 Only Balances, No Transactions
6.3 Verification of Balances
6.4 Analytical Procedures
6.5 Pending Documents
6.6 Periodic Payments & Receipts
6.7 Repeated Transactions
6.8 Relative Size Factor (RSF)
6.9 Inter-Bank Transaction
6.10 Cash Withdrawals / Deposits to Bank
6.11 Fixed Assets Analysis
6.12 Transactions on Holiday
6.13 Highest and Lowest Value Transactions
6.14 Pending Advances
6.15 Stale Cheques / Instrument
7.1 Verification of Vouchers
- 7.1.1 Sampling Vouchers
7.2 Related Party Transactions
7.3 Forex Transactions
8.1 Navigation – Go To / Switch To
9.1 Saving Reports
