We are pleased to present the First Edition of “Vocational Skills in Accounting – VI (Auditing)” for the students of S.Y. B.Com., Semester IV at the University of Mumbai. This book is prepared according to the Revised Syllabus and the New Paper Pattern applicable from the academic year 2025–26, as per the NEP 2020 guidelines.
This book provides a comprehensive understanding of auditing principles and practices, focusing on essential techniques like test checking, audit sampling, and internal control systems. Detailed coverage of vouching of income and expenditure helps learners ensure accuracy and authenticity of transactions. The section on verification of assets and liabilities strengthens conceptual clarity for real-world audits. Designed for students of commerce, this book bridges theory with practical auditing applications. We hope it serves as a useful resource in understanding the fundamentals of auditing.
Contents –
Module 1: Auditing Techniques and Internal Control System
● Test Check
● Audit Sampling
● Internal Control
● Internal Audit
Module 2: Audit of Items of Financial Statements
● Audit of Income
● Audit of Expenditure
● Audit of Assets Book Debts/Debtors, Stocks
● Audit of Liabilities
