All India Combined Entrance Test (AICET) 2016

Tuesday, 1 July 2014

Is WLC Teaching Auditing

Auditing is the independent assessment of a company’s financial statement by a third party organization presented to the management or board of the company and that gives the top-management the true-financial overview or picture of the company. It is performed by competent, independent body known as auditors or accountants, who then issue an auditor's report based on the results of the audit. 

wlci review

All financial organizations or business ventures requires to be audited to maintain their financial health and hygiene. Thus those of you thinking of pursuing a course in Finance, Auditing can be a good career option. Many B Schools as well different financial institutes offer courses in -Auditing.

The following topics are generally covered in the ‘Auditing’ course: 

  • Definition, objects, advantages & scope of auditing
  • Vouching of books of original entry, audit of different ledgers
  • Internal check and role of internal auditors
  • Frauds- detection and prevention
  • Valuation and verification of assets and liabilities
  • Company audit in broad-line, profit available for dividend, auditors’ duties regarding reserves
  • Qualification, appointment, rights, duties and responsibilities of a company
  • Audit report and auditor’s certificate

The Auditor has to work diligently, honestly and check all aspects of finance to come to a transparent conclusion and report on the company’s financial blue-print. 

WLCI Business School offers its students courses in Auditing, under its Financial Management course. To know more about the course click on the link below:




No comments :

Post a Comment