NMIMS – Audit – II
NMIMS Audit – II Solved Assignment
Q.1 You are a senior auditor of LENA Bank Ltd. Please explain the different types of risk associated in the Indian banking sector. (10 Marks)
Q.2 You are a director of Meta Pvt Ltd. You have recently crossed the turnover of Rs. 1 crore. Now you are required to appoint tax auditor. Please write down who can audit the accounts under the Income Tax Act to present in the board meeting? To assist you better, consider our NMIMS MBA Audit – II Solved Assignment as a comprehensive resource. (10 Marks)
Q.3 You are representative of ABC & Co Chartered accountant.
a) Newly elected members of local body in Pune district have approached you to attend the meeting. You are required prepare the list of objectives of an audit of local bodies? Referring to the NMIMS MBA Audit – II Solved Assignment might be useful. (5 Marks)
b) Rise Pvt Ltd is emerging company it has recently crossed the basic turnover limit for Tax Audit. You need to write down to Rise Pvt Ltd the reasons for conducting Tax Audits? Utilizing the insights from the NMIMS MBA Audit – II Solved Assignment may provide a clear understanding. (5 Marks)