IGNOU Solved Assignments Free PDF Download 2020-21 ECO 12

IGNOU Solved Assignments Free PDF Download 2020-21 ECO 12

Assignment is given 30% weightage in the final assessment. To be eligible to appear in the Term- End Examination, it is compulsory for you to submit the assignments as per the schedule. Before attempting the assignments, you should carefully read the instructions given in the Programme Guide.

These assignments are valid for two admission cycles (July 2020 and January 2021). The
validity is given below:
1. Those who are enrolled in July 2020, it is valid up-to June 2021.
2. Those who are enrolled in January 2021, it is valid up-to December 2021.
In case you are planning to appear in June Term-End Examination, you must submit the
assignments to the Coordinator of your Study Centre latest by 15th March and if you are planning
to appear in December Term-End Examination, you must submit them latest by 15th September.

Here is IGNOU Solved Assignments Free PDF Download 2020-21 for ECO 12 Element of Auditing.
These answers are prepared for the students who have to submit their assignments in March 2021 and September 2021.
Students can take help from these Solved Assignments and further refer this or can visit official website of IGNOU eGyankosh for Study Material.


Q1. Explain the terms “Internal Control”, “Internal Check” and “Internal Audit”. What are the requisites of a good internal control system?

Q2. What is a voucher? How would you classify it? What are the special points an auditor should bear in mind while examining a voucher?

Q3. Discuss the position of an auditor in a company under the provisions of the Companies Act. What are the statutory duties of a company auditor? Discuss in detail.

Q4. What is Cost Audit? What are its objectives? Enumerate the points that need special attention in course of cost audit.

Q5. Write short notes on the following:

(a) Errors of principle

(b) Audit of Reserves

(c) Prevention and detection of fraud

(d) Audit Planning



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