Book excerpt: 1. Origin and Growth of Auditing, 2. Meaning, Definition and Scope of Auditing, 3. Objects and Advantages of Auditing, 4. Classification of Audit, 5. Technique, Preparation and Procedure of Audit, 6. Internal Control, Check and Audit, 7 . Vouching, 8. Capital and Revenue Expenditure, 9. Valuation of Assets and Liabilities, 10 . Verification of Assets and Liabilities, 11. Depreciation, Provision and Reserve, 12. Appointment, Qualifications, Remuneration, Rights and Duties of an Auditor, 13. Liabilities of a Company Auditor, 14. Profits, Divisible Profits and Dividends, 15. Company Audit, 16. Audit of Different Institutions, 17. Auditor’s Report and Certificate, 18. Investigation, 19. New Trends in Auditing, 20. Standards on Auditing, 21. Audit of Computerized Accounts. Appendix : Audit Case Laws.