The book covers role of Auditing in Business Ethics, Corporate Governance and Corporate social responsibility and Business has been a hot topic and a growing discipline in India. Ethics is a part of business and the business cannot overlook various ethical issues. Corporate governance deals essentially with ethical issues. The need to study corporate governance has become imperative in view of the number of international frauds and other irregularities that the business world has seen from the third quarter of the last century Auditors attest that a company’s financial records and accounting procedures comply with the law. They conduct reviews of financial statements and records to confirm publicly held companies meet their legal requirements under Companies act. Companies that are not publicly traded hire auditors to verify that internal accounting procedures and financial operations run efficiently, and that standardized accounting practices are maintained. These days, being a responsible participant in the larger society is not optional for your company. To position your brand as a forward-thinking corporate citizen, you must take authentic steps to provide solutions to common human problems in the world around you. Valuing corporate social responsibility, or CRS, will not only benefit your larger community, but it will also provide you with specific organizational benefits. Here are our top five reasons why corporate social responsibility should matter to your company, in addition to common good it brings society.
A comprehensive and up-to-date textbook on Auditing and Corporate Governance for undergraduate students. This book covers the entire syllabus prescribed for students pursuing B. Com (Hons.) under CBCS programme at all the universities and colleges in Odisha. The book has the following features —
– Concepts explained in a lucid and succinct manner.
– Large number of case study given to expose students to real life situations.
– Relevant statutes and other regulatory requirements incorporated at suitable places.
– Important questions of different exam in different colleges and university of Odisha have been given at the end of each chapter for students to test their knowledge and understanding of the topics covered in the chapter.
– Interview based question.
Contents –
UNIT – I AUDITING
1. Concept of Auditing
2. Types of Auditing
3. Internal Control, Internal Check and Internal Audit
4. Vouching
5. Verification of Assets and Liabilities
UNIT – II AUDIT OF LIMITED COMPANIES
6. Company Accounts
7. Audit Reports
8. Liabilities of Company Auditor
UNIT – III SPECIAL AREAS OF AUDITING
9. Special Areas of Auditing
10. Auditing using Computer Tool
11. Auditing Standards
UNIT – IV CORPORATE GOVERNANCE
12. Corporate Governance: Concept, Theory and Models
13. Reforms, Committee and Scandals
UNIT – V CORPORATE SOCIAL RESPONSIBILITY
14. Concept of Corporate Social Responsibility
15. Provisions, Models and Standards
Multiple Choice Questions
Interview Questions and Answers
