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ECO 12 Solved Assignment 2022-23

 

ECO 12 Solved Assignment 2022-23

ELEMENTS OF AUDITING

COURSE CODE : ECO 12

COURSE TITLE : ELEMENTS OF AUDITING

ASSIGNMENT CODE : ECO 12/TMA/2022-23

Maximum Marks: 100

Attempt all the questions:

1. Explain the terms “Internal Control”, “Internal Check” and “Internal Audit”. What are the requisites of a good internal control system?

20

2. Discuss the process of verification and valuation of investments in a company.

20

3. What is the status of the auditor in a company? How can he protect the rights of the shareholders of the company.

20

4. What is cost audit? What are its objectives? State the advantages and limitations of cost audit.

20

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5. Write short notes on the following:

4×5

(a) Auditing Standards

(b) Clear Report and Qualified Report

(c) Continuous Audit

(d) Importance of Vouching

ECO 12 Solved Assignment 2022-23 : All assignments are in PDF format which would be send on email/WhatsApp (7827967728) just after payment.

POST GRADUATE DIPLOMA IN AUDIO PROGRAMME PRODUCTION Bachelor’s Degree Programmes (B.COM) ASSIGNMENTS

Dear Learner,

You have to submit one assignment in each course, i.e. ECO 12. All these are Tutor Marked Assignments (TMAs). Before attempting the assignments, please read the instructions provided in the Programme Guide carefully.

Kindly note, you have to submit these assignments to the Coordinator of your Study Centre within the stipulated time for being eligible to appear in the term-end examination. You must mention your Enrolment Number, Name, Address, Assignment Code and Study Centre Code on the first page of the assignment. You must obtain a receipt from the Study Centre for the assignments submitted and retain it. Keep photocopies of the assignments with you.

After evaluation, the assignments have to be returned to you by the Study Centre. Please insist on this and keep a record with you. The marks obtained by you will be sent by the Study Centre to the Student Evaluation Division at IGNOU, New Delhi.

Guidelines for Doing Assignments

There are five questions in each assignment, all carry equal marks. Attempt all the questions in not more than 500 words (each). You will find it useful to keep the following points in mind:

Planning: Read the assignments carefully. Go through the units on which they are based, make some points regarding each question and then rearrange them in a logical order

Organization and Presentation: Be analytical in your selection of the information for your answer. Give adequate attention to the introduction and the conclusion. Make sure that your answer is logical and coherent; has a proper flow of information.

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