Auditing and Corporate Governance Question Paper 2021 [Assam University B.Com 6th Sem Question Paper]

 Auditing and Corporate Governance Question Paper 2021 
Assam University B.Com 6th Sem Question Paper
TDC (CBCS) Even Semester Exam. September – 2021

COMMERCE (6th Semester)

Course No. : COMHCC-601T

(Auditing and Corporate Governance)

Full Marks 70

Pass Marks 28

Time: 3 hours

The figures in the margin indicate full marks for the questions

SECTION-A

Answer any ten of the following questions:                          2x 10=20

1. Define Auditing.

2. Write two basic principles of Auditing.

3. What is Audit Planning?

4. Define Vouching.

5. Define company auditor.

6. How can an auditor be removed? (Two points only)

7. Write any two contents of 'Auditor's Report'.

8. What is Audit of Limited Companies?

9. Define Cost Audit.

10. What is Tax Audit?

11. What is computer-aided Audit?

12. What is Management Audit?

13. What is Corporate Governance?

14. Name any four corporate scandals in India.

15. Mention any two problems of Corporate Governance in India.

16. Mention any two models of Corporate Governance in India.

17. Define business ethics.

18. Define values.

19. Mention any two approaches of business ethics.

20. Name any four rating agencies in India.

Also Read: Assam University B.Com 6th Sem Question Papers

SECTION-B

Answer any five of the following questions:                          10x5=50

21. State the objectives of Auditing. Also explain the various techniques of auditing.5+5=10

22. (a) Distinguish between Internal Check and Internal Audit.

(b) As an Auditor, how would you verify various 'assets' of a business firm?      5+5=10

23. How is an Auditor appointed? Also mention the qualification of an Auditor.     5+5=10

24. Briefly explain the liabilities of statutory auditor under the Companies Act, 2013.     10

25. Mention the basic considerations to be undertaken while auditing in EDP environment.           10

26. Explain, in brief, the recent trends of Auditing. Also mention the tools used for computer-aided audit.   5+5=10

27. Briefly explain the reforms that have been taken place in Corporate Governance.      10

28. Discuss the codes and standards to be followed in Corporate Governance.       10

29. Discuss the practices to be followed in business ethics. Also mention the advantages of business ethics.   5+5= 10

30. Write notes on any two of the following:                        5x2-10

(a) Green Governance

(b) Ethical Behaviour

(c) Listing Agreement 

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