Auditing Notes

[Digant_2]

hey pls help out with mpp i...dont no wat to do yar the portion is so vast

[Megha]

Hi,

Buy UPS.. that will help you ..

[jalalzai]

Explain the main advantages of continous audit over a periodical audit?
What do You Understand by a system of internal check and how does an auditor stand in
rlation thereto?
Explain fully what do undersatand by verification of assets and liabilities of a balance sheet?
Differienciate between Vouching the recieipt side and vouching the payment side?
Describe a good System of Internal Control as regoods purchases return and sales return?

[aamirdalvi]

hey pls help out with mpp i...dont no wat to do yar the portion is so vast

from my other post here - http://forums.tybcom.com/threads/3748-tybcom-important-questions-for-april-2011
MPP - this has two sections having 1. Management -50 marks 7 Definitions(2mks each) & 6 questions (6mks each)
2. Human Resource and Production - 50 marks same as above.
for 6 marks Question 1 & half page (with Introduction, Main answer & Conclusion).
&
IMP CHAPTERS(old course):
Out of 17 chapters in Micheal Vaz(manan prakashan) textbook doing foll chapters(11) will help u attempt 100% of paper:

Chap - 1, 3(v. imp - Functions of Mngmt - are the headings of following chapters),4, 6, 7. (50 marks)
Then, Chap 10,11,12 (25mks) & then Chap 15,16,17 (25 mks)

Note:
1. Do not learn question like " Nature & Characteristics" as u will find 4-6 common points in all of them, only learn those points(also these q's are rarely asked so same pts for all).

2.Learn the points of those questions thoroughly that are specific to the topic (e.g. types,methods, techniques,PROCESS,principles, etc)

3.Preferably learn 1 definition of the all chapter headings (like planing, organising, staffing,etc) to write in introduction of ANY question of that chapter.

4. Lastly learn, based on repetition in exams, "glossary of key terms" at the end in the text as it is of 28 mks(14+14). 2marks questions.

Sry it was too long