Detailed Lesson Plan
Weekly Lecture Plan Lecture No Topic To be Discussed
1 Company Accounts: Introduction, Kind of Companies, Share Capital of Joint Stock Company, Issuance of Shares, Share subscription, Issue of share at premium and discount and for other consideration then cash, Bonus Issue
2 Further readings on Bonus issue and Right Issue 3 Debentures, Bonds and TFCs 4 Further Readings on Debentures, Bonds and TFCs 5 Analysis of Accounting Ratios 6 Further Readings on Ratio Analysis, Building Final Accounts from Accounting Ratios 7 Use and interpretation of Ratio Analysis 8 Valuation of Goodwill and Shares
9 Introduction to Auditing: Definition, Audit & Accounting Difference, Objectes, Errors & Fraud, Advantages of Audit, Qualities of an Auditor, Audit Functions
10 Classification of Audit: Statutory Audit, Private Audit, Government Audit, Internal Audit, Continuous Audit, Final Audit, Interim Audit, Cost Audit, Management Audit. 11 Audit Standards: Principles, Procedure, Concepts, Techniques, Vouching and Verification Principles 12 Planing the Audit: Pre-requisites of Audit, Audit Programme, Audit Note Book, Audit Working Papers, routine checking, Test checking, Teaming and Leading, Window Dressing
13 Internal Control: Definition, Principals, Designing of Internal Control, Internal Control over small organization, manufacturing concern, Interhnak Check, Difference between Internal check and Audit, Internal Check over different items, Internal Audit, functions, different between internal and external auditor
14 Audit of Limited Company: Appointment Procedure, Quaification, Disqualification, Removal and Remuneration, Rights and Duties, Status of Company Auditor 15 Auditor Report: Statutory Report, Report for insertion in prospectus, Report on insolvency, Report on annual accounts.Contents of Audit Report,
16 Liabilities of Company Auditor: Negligence, Misfeasance, Cirminal Liability, Dual Appintment, Liability of Honorary Auditor, Liability for Libel, Liability to third Party