Audit Practices at S.K. Agrawal &Co.

Citation

Khanal, Reeyekta. (2020). Audit practices at S.K. Agrawal & Co.. (Cooperative Education). Bangkok: Siam University.

Abstract

This Cooperative Report entitled “Audit Practices at S.K. Agrawal & co.” is a report based on the learning and findings during the internship tenure. This report is prepared on the basis of information gathered during the training programs in the firm. I was assigned to work as an audit assistant intern in an audit firm.

Objectives of the internship includes: (1) to have an overall idea about external audit (2) to gain practical knowledge and experience on how auditors perform an audit and how auditing work is performed in companies (3) to identify the type of documents required to make an audit report (4) to compare theoretical knowledge with my practical experience (5) to learn book keeping practices. The main responsibilities were to learn about the auditing process in different sector of an organization, vouching, verification, preparing vat returns and working papers. This report reflects the various tasks carried out during internship, experiences, problems encountered during the internship, learning and knowledge gained, limitations I have faced and self- assessment as a future professional.

Upon the completion of the internship, it was found that problems I faced was resolved by self-learning, reviewing and feedbacks from my job supervisor and colleagues.

Keywords:  Auditing process, External audit, Book keeping, Audit report..

Audit Practices at S.K. Agrawal & Co.

Faculty of Business Administration, Siam University, Bangkok, Thailand