Nature and objects of auditing-Balance Sheet and continuous audit-Statutory audit and operational’ audits. Author's Working papers-Internal control and internal audit-Audit of proprietary. and partnership firms-Broad outlines of the company audit.

Part- 2 Organization, Finance and Management

Distinctive features of different forms of business organizations. Formalities and documents in floating a joint stock Company. Doctrine of indoor management and principle of constructive notice.

Business Finance - Sources of finance w.r.t. India; Types of Company securities and methods of their issue : Role & functions of stock exchanges: A critical review of institutional financing system in Indian Principles of Insurance ; Life, Fire and Marine. .

Management functions - Planning Organizing. Staffing. Directing, Co-ordination and Control.

Patterns of Organization - Centralization and decentralization. Delegation of authority, span of control, Management by Objective (M.B.O.) and Management by Exception.

Office Management - Scope and principles - System and routings-Handling of records-Office equipment and, machines.

Company Secretary- Functions and responsibilities, Appointment, qualifications, disqualifications, rights., duties position of a company secretary, Drafting of meeting notice agenda and minutes.