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Term Paper

On

Audit of Limited Companies of Bangladesh


Submitted To:
Narayan Kumar Kundu
Professor
Department of Accounting
Carmichael College, Rangpur.

Submitted by:
Md. Asadul Islam
4th Year B.B.A (Hons)
Reg: 09101565029
Session: 2009-2010
Department of Accounting
Carmichael College, Rangpur

Submission Date: 23-08-2015

Letter of Transmittal
Date: 23-08-2015
Narayan Kumar Kundu
Professor
Department of Accounting
Carmichael College, Rangpur.

Subject: Submission of Term Paper on Audit of Limited Companies of Bangladesh.

Dear Sir
I am pleased to inform you that I have completed the Term Paper Audit of Limited
Companies of Bangladesh I am in high spirits that now I can present it, through due to
shortage of time I face some difficulties to complete this report properly but I have tried
my level best.
I, therefore pray and hope that my report will leave up to yours satisfaction.
Sincerely

Md. Asadul Islam


4th Year B.B.A (Hons)
Reg: 09101565029
Session: 2009-2010
Department of Accounting

Students Declaration
I here by declare that the report of Term Paper namely Audit of Limited Companies of
Bangladesh Accounting plays important role in our daily life. So I tried my cover best to
present the topic of Audit of Limited Companies of Bangladesh.
I also declare that this paper is my origin work and prepared for academic purpose which
is part of BBA.

Md. Asadul Islam


4th Year B.B.A (Hons)
Reg: 09101565029
Session: 2009-2010
Department of Accounting

Supervisors Declaration

I hereby declare that the concerned report entitled Audit of Limited Companies of
Bangladesh is an original work by

Md. Asadul Islam

student of BBA (Hons.),

Department of Accounting, Carmichael College, Rangpur has completed his term paper
under my supervision and submitted for the partial fulfillment of the requirement of the
degree of Bachelor of Business Administration (BBA) at Carmichael College, Rangpur

Narayan Kumar Kundu


Professor
Department of Accounting
Carmichael College, Rangpur.

Acknowledgment

Successful completion of any work needs inspiration, guideline and logical help theme.
In preparing this report, different persons have extended their helping hands to me. It
would have not been possible for me to prepare this report without their help. I am very
much fortune to get the sincere guidance and supervision form a number experience
person.

First of all I would like to expenses my indebtedness and deep sense of gratitude to my
honorable supervisor Professor Narayan Kumar Kundu Dept. of Accounting
for granting us this great opportunity to work on this subject Audit of Limited
Companies of Bangladesh hose scholastic supervision, kind and whole hoarded
guidance warm advice and encouragement have enabled me to prepare this
report.

In addition, I would like to remember all sincere cooperation and untiring efforts of my
friends for is success.

Index
SL No
01
02
03
04
05
06
07
08
09
10
11
12
13
14

Subject
Introduction

Background, Origin of the report, Scope of the report,


Objectives of the study, Broad Objectives, Specific Objectives,
Study type, Population and Sample, Limitation of the study
Audit in Bangladesh
Control, Corporate Governance and Audit
Economic significance of the audit
Auditing standards
General principles of an Audit
Reasonable Assurance & Introduction
Bangladesh Standards on Auditing 700: The Auditors Report on
Financial Statements

Types of Audit Opinions:


Findings regarding structure of the audit report issued:
Findings of analysis standard structure of the audit report:
Findings of analysis nature of the audit report:
Recommendation & Conclusion

Page No
01
02-04
04-06
06
07-08
08-09
10-11
11-12
12-16
16-19
19-20
21
22
23