Book Description

This book is a comprehensive & up-to-date text book on ‘Auditing and Corporate Governance’. This book covers the entire syllabus prescribed for students pursuing B.Com. (Hons.) under CBCS Programme at Delhi University and Other Central Universities throughout India. The Present Publication is the 4th Edition, authored by Dr. Aruna Jha, with the following noteworthy features: • The subject-matter is presented in a simple, systematic method along with comprehensive explanation of the concept and theories underlying auditing and corporate governance. The book tries to present the subject-matter in a non-technical way • [Student-Oriented Book] This book has been developed, keeping in mind the following factors: o Interaction of the author/teacher with his/her students in the class-room o Shaped by the author/teachers experience of teaching the subject-matter at different levels o Reaction and responses of students have also been incorporated at different places in the book • This book is designed to ensure ease of grasping concepts by the students • [Real-life Examples] are given throughout the book • [Tables & Figures] have been used extensively in the book to help students to understand the subject better • [Relevant Statutes] and other regulatory requirements are incorporated at suitable places • [Important Questions at the end of each Chapter] are given for students to test their knowledge and understanding of the topics covered in the chapter. • Contents of this book is as follows: o Introduction o Audit Planning and Internal Control System o Audit Procedure o Company Auditor: Appointment and Removal o Auditor’s Report and Liabilities o Cost Audit, Management Audit and Tax Audit o Introduction to EDP Auditing o Conceptual Framework for Corporate Governance o Board Committees and their Functions o Quirky Governance: Insider Trading and Whistle Blowing o Corporate Governance Rating and Credit Rating in India o New Paradigm of Corporate Governance: E-Governance and Class Action Suits o Shareholder Activism – Panacea for Governance Problems o Corporate Governance in Public Sector Units and Corporate Funding of Political Parties o Some of the major corporate governance failures in developed world o Cases of corporate governance failure in India o Corporate governance codes and standards o Initiatives in India o Conceptual Framework for Business Ethics o Corporate Social Responsibility o CSR Models and Drivers o Regulatory Framework and Guidance for CSR o Previous Exam Question Papers § B.Com. (Hons.) Sem – VI (Dec. 2018) § B.Com. (Hons.) CBCS (2019) Semester – VI (Dec. 2018) § B.Com. (Hons.) CBCS (2020) Semester – VI [Open Book]