Basic terminology
1.
Capital
2.
Liabilities
a.
Long term liabilities
b.
Short term liabilities
3. Assets
a.
Fixed assets
b.
Current assets
4.
Investment
5.
Sales
6.
Purchase
7.
Inventory
8.
Debtors
9.
Creditors
10.
Revenue
11.
Expenses
12.
Capital expenditure
13.
Revenue expenditure
Account
•
Personal
account
•
Personal
account
Personal account
Receiver …Dr
Giver ….. Cr
Real account
What comes in … is Dr
What goes out … is Cr
Nominal account
All the expenses and
losses …Dr
All the incomes and
gain …Cr
6/9/12 मा कर बुझाउने निति छ company मा tax audit गराएर partially कर तिर्ने
According to Tax act 2058
Cash को काम → Bank ले गर्ने
Account हेर्ने काम → Auditor ले गर्ने
Tax निर्धारण → Manager ले स्वमं कर निर्धारण गरि कर तिर्ने
Chapter -1
1.
Describe
briefly the evolution of Auditing practice in Nepal.
2.
What do
you mean by Embezzlement (wrong way to benefit oneself) of cash? State any
three method of Embezzlement of cash.
3.
Write in
brief different between accounting, auditing and investigation.
4.
Give the
meaning of fraud who commits such fraud. Give three example of fraud (commit,
illegal, wrong).
Chapter – 2
1.
How can
audit note book help an auditor? Briefly describe the technique of audit not
book.
2.
What do
you mean by continuous audit? Write in brief any three advantages of it.
3.
What is
interim audit? What are its objective give any two advantages of interim audit?
4.
Define
audit working paper. How it is different from audit note book?
Chapter – 3
1.
Define
internal check. What are its essential characteristics also state in brief its
advantages and disadvantages.
2.
State the
fundamental difference between internal auditor and independent auditor.
3.
What is
test checking in auditing? State what precaution should be taken in this
connection.
Presentation made by Genius 6 (G6)
Money laundering (सम्पति शुद्धिकरण)
3.6% of worlds’ money is
black money which is equals to amount 1.3 Trillion
सम्पति शुद्धिकरण ऐन २०६४
According to National
institute of justice 1992, USA, “The process of converting illegally earned
assets originating as cash, to one or more alternative forms to conceal such
incriminatory factors as illegal origin and true ownership.”
Presentation made by Research group
Audit Management (
Audit management is the
act of managing the auditors.
