Accounting & Auditing – Test Paper

Chapter No. Name of Chapter Test Link
1 Basic Accounting Principles; Concepts and Postulates Open
2 Partnership Accounts Open
3 Corporate Accounting:
3.1 Issue, forfeiture and reissue of shares
3.2 Redemption of Preference Shares; Buy Back of Equity Shares; Bonus Shares & Right Shares
3.2 Acquisition, Merger, Amalgamation and Reconstruction of Companies
3.3 Liquidation of Companies
4 Holding company accounts
5 Cost and Management Accounting :
5.1 Budgetary Control
5.2 Marginal Costing and Break-Even Analysis
5.3 Costing for Decision Making
5.4 Standard Costing
5.5 Process Costing
5.6 Activity Based Costing (ABC)
5.7 Life Cycle Costing, Target Costing, Kaizen Costing and JIT
6 Financial Statements Analysis:
6.1 Ratio analysis;
6.2 Funds flow Analysis;
6.3 Cash flow analysis
7 7.1 Human Resources Accounting
7.2 Inflation Accounting;
7.3 Environmental Accounting
8 Indian Accounting Standards and IFRS
9 Auditing: Independent financial audit; Vouching; Verification and valuation of assets and liabilities; Audit of financial statements and audit report; Cost audit
10 Recent Trends in Auditing : Management audit; Energy audit; Environment audit; Systems audit; Safety audit
11 Mix Questions

Test 1 (Covering 1st 50% of Syllabus): Link

Test 2 (Covering Remaining 50% of Syllabus): Link

Test 3 (Covering whole Syllabus): Link

 Answer Key Test 1