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This was my Sr. Audiror PMAD Interview back in february.

I was interviewed today from FATA quota at FPSC Peshawar hall, here is my experience:

1. So where do u belong to?


2. What have you done, educationally an professionally?
3. What is B.O.Q and does it have any relationship with buildings?
4. what are determinants of economic growth?
5. Factors of productions?
6. How would you know that an economy is growing?
7. What is AGPR?
8. What is the function of AGPR?
9. What is meant by durable items in economics?
10. Deficit financing, good or bad?
And 4-5 other questions that i forgot.

1. A super tax exist in Pakistan or not ? Exist in Pakistan


2. Cash A/c Balance is a Debit or Credit Balance? Debit Balance
3. Part time worker or self employed worker
4. Increase in Bills Payable result in Increase in cash or decrease in cash?
5. Contributory: Definition of "contributory. - The term "contributory" means every person liable to contribute to
the assets of a company in the event of its being wound up, and include the holder of any shares which are fully
paid up; and, in all proceedings for determining, and all proceedings prior to the final determination of, the persons
who are to be deemed contributories, includes any person alleged to be a contributory.
6. Dividend
7. Main object of budget is plan or control or both?
8. Dividend paid effect which of cash flow activity (Financing, Investment or Operating)
9. Process of data - Coding
10. Maximum number of shareholders in (Pvt.) Company 10, 20, 50 is correct
11. Stock is valued at Market Price or cost price?
12. Heavy Advertisement expense to launch a product is the form of Capital Expense of Revenue?
13. Operating profit is calculated after deduction of operating expense including depreciation?
14. Auditors liability is Owner, Creditor
15. Outstanding wages charged to profit and loss or balance sheet?
16. Audit in depth is synonym of complete audit or detailed audit? (Double question)
17. Audit in depth is synonym of complete audit or detailed audit? (Double question)
18. Depreciation on machinery account is debited to Machinery A/C or depreciation a/c
19. Difference Asset and liability is Equity
20. Which one cannot become the Auditor , A director, an internal auditor, or relative of director
21. Memorandum and Article of Association?
22. If Memorandum and Article of Association dont work who will be????????
23. Current ratio is calculated to check the increase in current asset or asset or liquidity???
24. Cost of inventory is valued by adding Material + Labor or Material + Labor+ production overhead
25. Realization concept defined when cash is received or order received or goods sold
26. Revenue and expense accounts referred as Real A/C or Nominal A/C
27. Discount allowed affect?
28. In Diminishing balance method depreciation is calculated on ????? Written down value
29. Most important tool of raising money is (Finance)
30. Internal Auditor care most about????
31. Devaluation is decrease in value of country currency?
32. Increase in Bank Overdraft will result in cash book or pass book?
33. Journal entry of consignment A/c
34. Journal entry of consignment A/c when goods delivered
35. Cartel a cartel is an agreement between competing firms to control prices or exclude entry of a new competitor
in a market.
36. If Good sold to A and charged to B A/c this is Error of commission or omission?
dont simply read them kindly answer these and even add if you have more questions.

1- i______ living here since 1990

2-the sun ............ in the east

3-i am sick...........heart

4-work hard lest you...........lose

5-no sooner did he see me.......he embraced me

6-scarcely did he open the door......he saw his friend standing outside

7- i can not work......... compulsion

8-if you work hard you........ succeed

9-defered taxation is a.......?

10-the amount of current assets of a firm with values given.what was the answer 89108 or something ?

11-closing stock are moved to a)trading ac b)profit & loss ac c)balance sheet d).......

12) 60000 sales


50000 cost of sales
10000 office rent
20000 wages
find out profit ?

13. What are analytical procedures?

a) Substantive tests designed to assess control risk


b) Substantive tests designed to evaluate the validity of managements representation letter
c) Substantive tests designed to study relationships between financial and non*financial
d) All of the above

14. Concurrent audit is a part of


a) Internal check system
b) Continuous audit
c) Internal audit system
d) None

15. THE PRIMARY PURPOSE OF ESTABLISHING QUALITY CONTROL POLICIES AND PROCEDURES FOR DECIDING
ON CLIENT EVALUATION IS TO

A) ENSURE ADHERENCE TO GENERAL Y ACCEPTED AUDITING STANDARDS


B) ACCEPTANCE OR RETENTION OF CLIENTS WHOSE MANAGEMENT DOES NOT LACK INTEGRITY
C) ENSURE AUDIT FEES IS CHARGED ACCORDING TO THE TYPE OF AUDIT WORK ASSIGNED
D) ALL OF THE ABOVE

16. THE MAIN OBJECT OF AN AUDIT IS ___


A) EXPRESSION OF OPINION
B) DETECTION AND PREVENTION OF FRAUD AND ERROR
C) BOTH (A) AND (B)
D) DEPENDS ON THE TYPE OF AUDIT

17. THE RISK OF MANAGEMENT FRAUD INCREASES IN THE PRESENCE OF:

A) FREQUENT CHANGES IN SUPPLIES


B) IMPROVED INTERNAL CONTROL SYSTEM
C) SUBSTANTIAL INCREASES IN SALES
D) MANAGEMENT INCENTIVE SYSTEM BASED ON SALES DONE IN A QUARTER

18. IN ORDER TO VOUCH, WHICH OF THE EXPENSES, THE AUDITOR WILL EXAMINE BILL OF ENTRY?

A) CUSTOM
B) EXCISE DUTIES
C) SALES TAX
D) INCOME TAX

19. FOR VOUCHING OF WHICH ITEM, THE AUDITOR IS MOST LIKELY TO EXAMINE COST RECORDS?

A) COMMISSION EARNED
B) BAD DEBTS RECORDED
C) CREDIT SALES
D) SALE OF SCRAP

20.WHEN COUNTING CASH ON HAND THE AUDITOR SHOULD ___

A) ENSURE PRESENCE OF SOMEBODY FROM MANAGEMENT


B) OBTAIN A RECEIPT FROM CUSTODIAN AS TO ITS RETURN
C) ENSURE POSTAGE AND REVENUE STAMPS ARE NOT COUNTED IN PHYSICAL COUNT
D) TEMPORARY ADVANCES TO EMPLOYEES ARE COUNTED TO CALCULATE BALANCE OF CASH IN HAND

21. WHICH OF THE FOLLOWING SECTIONS DEAL WITH QUALIFICATIONS OF THE AUDITOR ?

A) SECTION 226 (1) AND SECTION 226(2)


B) SECTION 224 (1) AND SECTION 224 (2)
C) SECTION 226 (3) AND SECTION 226(4)
D) SECTION 224(3) & SEC.224

22. after addition of new partner the increase in capital value is credited to..........

23. first stock exchange in bombay was established in ...

24. letter of credit is opened on behalf of.......

25.sinking fund investment is a.........

26.auditing is the branch of..........

27.stock in trade is a..............

28.cash sales are recorded in.........

29.debentures are..........for a firm


30.i am..........learning english nowadays.

31............little water in the jug is not enough for me.

32.which of the following has a cash flow element?


fixed capital expenditure,financial charges,c,d.....

33.he is indebted.......me.

34.ali is married.....a rich family.

35. national income is..........govt income,income from public investments,factors of income.....

36. prospectus is...........for a private ltd company-- must,optional,etc

37.GATT was established to........

PPRA, PENSION, AUDIT OBJECTIONS, SUPPLEMENTARY GRANT , RE-APPROPRIATION, ANNUAL BUDGET.

1. Residual value or solvage value


2. current ratio
3. quick ratio
4. budget definition
5. statefied sampling- randomly selected
6. process costing
7. maslow hierarchy
8. patents-intangible asset
9. depreciation intangible assets
10. company definition having common seal

1. Custom duty on imports the option was advulrm


2. How many sections are in AAS1
9,7,8,14
3. ....... English literature is my favorite subject.
4. I .... ....... studying in this university. Am, have been, is
5. Main objective/purpose of depreciation?
6. Mark up is good for ? bank, owner, debtor's, creditor's
7. Opening stock 42850 purchase 137190 carriage inward 1500 closing stock 51060 cost of goods sold?
8. A question was about consignment a/c
9. Share premium a/c is used to
10. Statement to prepare first I chose income
11. Auditor can visit any branch of a company under section 228 (4) 228 (3) 228 (2)
12. One question regarding owners equity to find and that was 17195 I chose
13. Rebate on bill of exchange is a ? Liability, income, exp.
14. One question repeated from batch 1 regarding issue of prospectus.
15. Subscribers of company will be permanent member or shareholders
16. On pattern of batch1 GATT term today was 'SWOT' which I made a gues only.
17. Statutory auditor of a limited company is appointed by
Shareholders, board, a.g.m

18)Plan into Quantitative is called budget


19) Good sold by consignee will be credited to
20) which of the following is error of ommision.
21) which of the following is not recorded by entry (Authorized capital)
22) pvt co. Issue prospectus in liue
23) subscription of memorandum
24) Bill of exchange drawn by
25) income tax is levied on agri income, presumptive income, a&b non of the above

1-If i were-----, i wouldn't tell a lie. (He, his, him)


2------- English literature is my favourite subject (No article, an, a, the)
3-He is older tha------ (I, me, myself, mine)
4-The prime minister gave------ the prizes (Out, in, away, up)
4-the rebels held -----' for a year ( away, Around, AT, OUT) 5-he along his brothers ----- reading books (is, are,
wer, have been )
6-A boy is giving ----' bills in the street (Out, away, in,) 7. I ---- studing in this uni for 3 years.. (Am, have , have
been, was)
Every morning he --- for walk.. (go, went, goes, have gone) 8..
Error of omission arise?? (Wholly or partially recoreded, incorrectly recorded, forget to record, none of above)
9..The main objective of depreciation..... (To calculate tax, to calculate profit &n loss, to collect amount for
replacement of asset, correct valuation of balance sheet)
10..The loss on sale of machinery is to written of from ( depreciation a/c, share premiun a/c, etc)
11..Loss is revenue if (On current assets, due to normal reasons, on fixed assets, none of above)
12..Share premiun a/c is used to ( issue bonus share, write off discount on shares, to raise capital, none of above)
13..Final a/c shows summary of ( assets, liabilities, accounts, none)
14..Income & expenditures a/c reveals ( debit balance, credit, surplus n deficiency, none)
15..Unearned income is ( liability, asset, expense, revenue) 16.
.Receipts n payment a/c include cash items (Capital, revenue, both, none) 1
7..Audit of bank is example of (Statutory audit, balance sheet audit, concurrent audit, all)
18..The interest on capital of partner is credited to ( interest a/c, partners capital a/c, capital a/c)
20..Auditing begins where ---- ends ( Accounting, book keeping, recording) 21..
The discount on issue of debentures being a loss of (Capital, reserves, cash)
22..G.P 5000, N.P=25% of G.P so expenses must be equal to..??
23..Verification involves (Checking vouchers, examination of audit report, both, none) 2
4..Registered capital is (Authorized cap, issued, paid up, none)
25..No entry made against (Authorized cap, issued, paid up, none)
26..Resolution is passed in --- to issue dividend (AGM)
27..Statutory auditor appointed by...??
28..Section authorizing to access branch a/c..??
29..Audit of branches is not allowed in audit of... (Manufacturing co, banks etc)
30..Increase in debtors ( increase casd, dec cash, no impact on cash)
31..Accounting equation??
Auditor is compulsory for (Sole proprietorship, partnership, JSC, all)
32..An enterprise is (Federation, business unit, association, none)
33..Private co... (Must issue prospectus, must issue statement in lieu of prospectus, may issue both, may issue
none) 34..Research n development is expense (Capital, revenue, deffered cost revenue, none)
35..Selling expenses are shown in (Profit n loss a/c)
36..The monetary explanation of plan called...(budget)
37..Goods sold by consignee debited to ??
38..The customer Cheque dishonoured recorded in (Cash a/c, bill rec a/c, sales a/c)
39..Preliminary asset is (fictitious assets)
40..Resources invested by owner called...(capital)
41..Auditor must check that salaries not claimed are (Deposit in separate a/c, held safely, kept in reserves)
42..Liability arise upon happening of event called...(contigent liability)
43..If asset= 41315, liabilities= 4120, equity will be???
44..Sales budget prepared keeping in view....(sales forecast of market)
45..Bank o/d is...liability
46..Immediate solvency ratio is (Current, quick, debt.equity)
47..A & b 2 co. Liquidated n new co formed X ltd...it is called...(amalgamation, absorption, etx...)
48..In balnce sheet assets are recorded on --- value...(current, forecasted future, cost)
49..Assets are recorded in balance sheet based on ...(classification)
50..A rebate given on discounting the bill is....??(expense)
51..To chck arithmetical accuracy ---- is prepared. (Journal, ledgers, t.balance, final a/c)
52..Wgich statement prepared first.. (Incm statement, b.sheet, cash flow, funds flow)
53..Closing stock at the end of year is deducted from... (Opening stock, CGS, G.P)

1. A super tax exist in Pakistan or not ? Exist in Pakistan


2. Cash A/c Balance is a Debit or Credit Balance? Debit Balance
3. Part time worker or self employed worker
4. Increase in Bills Payable result in Increase in cash or decrease in cash?
5. Contributory: Definition of "contributory. - The term "contributory" means every person liable to contribute to
the assets of a company in the event of its being wound up, and include the holder of any shares which are fully
paid up; and, in all proceedings for determining, and all proceedings prior to the final determination of, the persons
who are to be deemed contributories, includes any person alleged to be a contributory.
6. Dividend is paid out of which capital, Authorized, paid up
7. Main object of budget is plan or control or both?
8. Dividend paid effect which of cash flow activity (Financing, Investment or Operating)
9. Process of data - Coding
10. Maximum number of shareholders in (Pvt.) Company 10, 20, 50 is correct
11. Stock is valued at Market Price or cost price?
12. Heavy Advertisement expense to launch a product is the form of Capital Expense of Revenue?
13. Operating profit is calculated after deduction of operating expense including depreciation?
14. Auditors liability is Owner, Creditor
15. Outstanding wages charged to profit and loss or balance sheet?
16. Audit in depth is synonym of complete audit or detailed audit? (Double question)
17. Audit in depth is synonym of complete audit or detailed audit? (Double question)
18. Depreciation on machinery account is debited to Machinery A/C or depreciation a/c
19. Difference Asset and liability is Equity
20. Which one cannot become the Auditor , A director, an internal auditor, or relative of director
21. In Memorandum and Article of Association?
22. If Memorandum and Article of Association dont work who will be????????
23. Current ratio is calculated to check the increase in current asset or asset or liquidity???
24. Cost of inventory is valued by adding Material + Labor or Material + Labor+ production overhead
25. Realization concept defined when cash is received or order received or goods sold
26. Revenue and expense accounts referred as Real A/C or Nominal A/C
27. Discount allowed affect?
28. In Diminishing balance method depreciation is calculated on ????? Written down value
29. Most important tool of raising money is (Finance)
30. Internal Auditor care most about????
31. Devaluation is decrease in value of country currency?
32. Increase in Bank Overdraft will result in cash book or pass book?
33. Journal entry of consignment A/c
34. Journal entry of consignment A/c when goods delivered
35. Cartel a cartel is an agreement between competing firms to control prices or exclude entry of a new competitor
in a market.
36. If Good sold to A and charged to B A/c this is Error of commission or omission?
37. Petty cash is maintained to meet cash expenses
38. Intangible Assets: Intangible assets mean the assets which is not having the physical appearance. And its
have the real value, it shown on the assets side of the balance sheet.
39. closing stock are moved to a)trading ac b)profit & loss ac c)balance sheet d).......
40. When partnership must be dissolved on the death of a partner, quarrel of partners
41. Share can be traded in stock exchange 1. Directly 2. Directly by brokers
42. International accounting standard
43. Bull Bush
44. An auditor can be removed from his service through annual general meeting or general meeting
45. Federation
46. Main function of an auditor is to
47. Special audit is conducted at the order of the central government. Which section gives such powers? A) Section

233(a) b) Section 233a C) Section 242(a) D) Section 242a (Indian Companies Act-1956)

47 . special audit 242(a)


39. Closing stock in balance sheet
26. Revenue and expense are nominal account
16 . Audit is synonyms to Detailed audit
07. Main objective of Budget is plan

rry i am posting in irrelevant forum/thread, but it may help u.


Senior auditor
Pakistan Military Accounts Department
Case No. 150 of year 2014.
Mera interview 20 september ko tha islamabad mn.
KPK domicile
Interview acha nae hoa, 3 mint mn farag, 50 mint mn 15 candidates farag keay.
Meri qualification aur experience k mutabik mj sy sawal pochy, meri qualification BSc with mathematics ha aur
experience military acounts mn as junior auditor. Ap sy b ap ke qualification aur experience sy related question
pochy gy.
Mj sy yeh sawal keay
Wherd do u live? (Abbottabad)
Why ur city name is Abbottabad?
Sir on the name of major james abbott.
Who was james abot? What did he so important for abotabad that city was named on his name?
Define mathematics?
What is use of mathematics what are its advantages?
2nd member
You are junior auditor?
JCOs/Sldrs ka DSP Fund kdr mantain hota ha?
Pension kdr bnti ha?
Punching medium kaya hota ha?
DV kaya hoti ha?
3rd member
GFR stands for what?
LPR kaya ha, ic k rules kaya ha?
Encashment kaya ha?
DDO stands for what?
Ok you may go
JCOs/Sldrs ka DSP Fund kdr mantain hota ha?
Pension kdr bnti ha?
Punching medium kaya hota ha?
DV kaya hoti ha?
GFR stands for what?
LPR kaya ha, ic k rules kaya ha?
Encashment kaya ha?
DDO stands for what?

My Friend Interview on 1st December, 15 Minutes


3 Members Panel (2 FPSC, 1 Military Audit)
Introduction
experience
Accounting and Auditing Definition & Difference
Types of Audit
Audit Report
Tax related questions,
Withholding Tax Agent
Mini Budget
Zero Budget
Budget
Deficit budget
Inflation
Company Rules related question
Types of companies, Joint Stock etc.
Dividend, Zero Dividend, Minus Dividend
Regular & Irregular Audit and difference

Here is my interview experience: -


15-16 minutes

Balance of Payment
Balance of Trade
Incremental Budget
Appropriation
Re-Appropriation
Good Governance
Reasons of Corruption
and mostly experience related....

Audit
1- Define Audit-
2- What is the distinction between auditing and accounting?
3- Why is there a need for an audit?
4- Scope of Audit-
5- Internal Control
6- Audit risk
7- Unqualified Opinion
8- Qualified Opinion report
9- Disclaimer of Opinion report
10- Adverse Opinion report
11- What are the different types of audit?
12- Internal control,
13- Types of Audit by Organization Structure
14- Functions and Duties of an Auditor-
15- Voucher
16- Vouching
17- Internal Audit
18- External Audit
19- Internal Control
20- Qualities of an Auditor
21- Before and After Audit Measures
22- Audit Report and its type
23- Audit Opinion
24- Appointment of an Auditor
25- Performance Audit
26- Regulatory Audit:
Accounting
1- Accounting
2- Types of Accounting
3- Financial Accounting
4- Cost Accounting
5- Difference b/w Accounting, Finance & Economics
6- Deferred Taxation
7- Depreciation
8- Types of Depreciation
9- Accumulated Depreciation
10- Ratios
11- Accounting Cycle
12- Accruals
13- Deferrals
14- Balance Sheet Items
15- Charts of Accounts
16- Appropriation Accounts
17- Lease (Operation and Finance Lease):
18- Budget Types (Deficit / Surplus) Zero Budget , Sales Budget, Production Budget
19- Adjusting Entries
20- Closing Entries
21- Financial Statements
Economics
1- Economics:
2- Micro Economics:
3- Macro Economics:
4- National Income:
5- GDP
6- Factors of Production
7- Economics Indicator
8- Fiscal Policy
9- Monetary Policy
10- Trade Deficit
11- Budget Deficit
12- Balance of Trade
13- Balance of Payment
14- Direct Taxation
15- Indirect Taxation
16- Progressive Taxation
17- Regressive Taxation
18- Proportional Taxation
19- Budget 2015-16 (4.6 Trillion)
Taxation
1- Tax: Cost of services rendered by the state
2- Withholding Tax: A withholding tax, also called a retention tax, is a government requirement for the payer of an
item of income to withhold or deduct tax from the payment, and pay thattax to the government.
3- Salary Rates
4- Sales Tax
5- Property Tax
6- Capital Gains
7- Tax of AOP and Individuals
8- Companies Taxation
9- WHT Agent
SECP / Incorporation of Companies
1- What is a company
2- Company Incorporation procedure:
3- Types of Companies
4- Limited Companies (Listed and Unlisted)
5- Private Limited companies
6- Parents Companies
7- Subsidiary company
8- Sister Company
9- Dividend
10- Premium
11- Collateral Security
Miscellaneous
1- Self Introduction
2- Self Experience
3- Strength & Weaknesses
4- Family backgroundx
5- Difference b/w Accounting & Finance
6- Difference b/w Accounting & Audit
7- Difference b/w Economics & Finance
8- Difference b/w Accounting & Book keeping
9- Appropriation & Re-appropriation of Accounts
10- Good Governance
11- Reasons for Corruption
12- ERP

My interview was very simple. Define Accounting, auditing, finance, difference, direct and indirect tax, fiscal policy,
expenditure, what finance manager do, what auditor do, what account do.

y interview questions

Hedging and types


Economics definition according to robin
How pak economy progressing
Export and payment balances
Diffrrence between business economics and economics
And question that y do u want to leave this lucrative job

Mrduim of communication is english

In addtion to above questions


What are the legal requirements for opening
LC
How export impact pakistan economy
Why pak economy is not taking the effects of decreasing oil prices
what is Rent theory
One more question which I dont remember exactly
My interview was on 3rd march.
There were three in panel.
Questions asked in interview are.
Where are you from?
About my degree?
What is audit?
About my job responsibilities?
What are financial statements?
How many components in cash flow statement.

Yes my interview was short as compare to others it takes only 5 to 6 minutes.

my interview was on 4th march


my interview qus were as;
where are u from?
what u have done?
what is finance in broader mind? how many types?
what is financial risk management? how is it works?
objectives of state bank of pak.
difference b/w public finance and development finance
what are the huge economics problems in pak

Accounting Principles & Journal, Ledger Scrutiny of Record for Audit Purposes, Procedures, & Adjustment
Preparation of Annual Budget, Cash Book, & Financial PlanningDepreciation, & Public Procurement Rules,
2004 Preparation of Pension Documents. Settlement of Audit Objections Heads of Account, Re-appropriation of
Funds and Supplementary Grant, Cost Accounting,

Questions asked in interview are.


Where are you from?
About my degree?
What is audit?
About my job responsibilities?
What are financial statements?
How many components in cash flow statement.

what is finance in broader mind? how many types?


what is financial risk management? how is it works?
objectives of state bank of pak.
difference b/w public finance and development finance
what are the huge economics problems in pak

1. So where do u belong to?


2. What have you done, educationally an professionally?
3. What is B.O.Q and does it have any relationship with buildings?
4. what are determinants of economic growth?
5. Factors of productions?
6. How would you know that an economy is growing?
7. What is AGPR?
8. What is the function of AGPR?
9. What is meant by durable items in economics?
10. Deficit financing, good or bad?

Hedging and types


Economics definition according to robin
How pak economy progressing
Export and payment balances
Diffrrence between business economics and economics
And question that y do u want to leave this lucrative job

In addtion to above questions


What are the legal requirements for opening
LC
How export impact pakistan economy
Why pak economy is not taking the effects of decreasing oil prices
what is Rent theory
One more question which I dont remember exactly

My interview was very simple. Define Accounting, auditing, finance, difference, direct and indirect tax, fiscal policy,
expenditure, what finance manager do, what auditor do, what account do

Balance of Payment
Balance of Trade
Incremental Budget
Appropriation
Re-Appropriation
Good Governance
Reasons of Corruption
and mostly experience related....

My Friend Interview on 1st December, 15 Minutes


3 Members Panel (2 FPSC, 1 Military Audit)
Introduction
experience
Accounting and Auditing Definition & Difference
Types of Audit
Audit Report
Tax related questions,
Withholding Tax Agent
Mini Budget
Zero Budget
Budget
Deficit budget
Inflation
Company Rules related question
Types of companies, Joint Stock etc.
Dividend, Zero Dividend, Minus Dividend
Regular & Irregular Audit and difference

Possible Questions For Senior Auditor (BS-16)


Audit
1- Define Audit-
2- What is the distinction between auditing and accounting?
3- Why is there a need for an audit?
4- Scope of Audit-
5- Internal Control
6- Audit risk
7- Unqualified Opinion
8- Qualified Opinion report
9- Disclaimer of Opinion report
10- Adverse Opinion report
11- What are the different types of audit?
12- Internal control,
13- Types of Audit by Organization Structure
14- Functions and Duties of an Auditor-
15- Voucher
16- Vouching
17- Internal Audit
18- External Audit
19- Internal Control
20- Qualities of an Auditor
21- Before and After Audit Measures
22- Audit Report and its type
23- Audit Opinion
24- Appointment of an Auditor
25- Performance Audit
26- Regulatory Audit:
Accounting
1- Accounting
2- Types of Accounting
3- Financial Accounting
4- Cost Accounting
5- Difference b/w Accounting, Finance & Economics
6- Deferred Taxation
7- Depreciation
8- Types of Depreciation
9- Accumulated Depreciation
10- Ratios
11- Accounting Cycle
12- Accruals
13- Deferrals
14- Balance Sheet Items
15- Charts of Accounts
16- Appropriation Accounts
17- Lease (Operation and Finance Lease):
18- Budget Types (Deficit / Surplus) Zero Budget , Sales Budget, Production Budget
19- Adjusting Entries
20- Closing Entries
21- Financial Statements
Economics
1- Economics:
2- Micro Economics:
3- Macro Economics:
4- National Income:
5- GDP
6- Factors of Production
7- Economics Indicator
8- Fiscal Policy
9- Monetary Policy
10- Trade Deficit
11- Budget Deficit
12- Balance of Trade
13- Balance of Payment
14- Direct Taxation
15- Indirect Taxation
16- Progressive Taxation
17- Regressive Taxation
18- Proportional Taxation
19- Budget 2015-16 (4.6 Trillion)
Taxation
1- Tax: Cost of services rendered by the state
2- Withholding Tax: A withholding tax, also called a retention tax, is a government requirement for the payer of an
item of income to withhold or deduct tax from the payment, and pay thattax to the government.
3- Salary Rates
4- Sales Tax
5- Property Tax
6- Capital Gains
7- Tax of AOP and Individuals
8- Companies Taxation
9- WHT Agent
SECP / Incorporation of Companies
1- What is a company
2- Company Incorporation procedure:
3- Types of Companies
4- Limited Companies (Listed and Unlisted)
5- Private Limited companies
6- Parents Companies
7- Subsidiary company
8- Sister Company
9- Dividend
10- Premium
11- Collateral Security
Miscellaneous
1- Self Introduction
2- Self Experience
3- Strength & Weaknesses
4- Family backgroundx
5- Difference b/w Accounting & Finance
6- Difference b/w Accounting & Audit
7- Difference b/w Economics & Finance
8- Difference b/w Accounting & Book keeping
9- Appropriation & Re-appropriation of Accounts
10- Good Governance
11- Reasons for Corruption
12- ERP
Settlement of audit objections
Scrutiny of records for audit purposes
Heads of Account, Re-appropriation of Funds and Supplementary Grant
accounting Adjustments
and where can i get ,
Preparation of Pension Documents
Preparation of Annual Budget
Accounting Principles & Procedures
__________________

Define finance
What is monetary policy
what is fiscal policy and what should be kept in mind while making these policies
What is audit
types of audit
BOQ
Certification of audit
Mobilization of fund
contingency
baqi or b kuch question the jo yaad nahi....

Where u belongs to
Your experience
Recently your job
Which things req for an audit

Define
Commercial audit.
Direct indirect taxes with examples
Ppra stand for what
Who will audit the fpsc.
Auditing def
Budget and its components
Hope for the best baqi sab naseeb ke khail hain

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