LOVELY PROFESSIONAL UNIVERSITY

ACADEMIC TASK NO.1

(ASSIGNMENT- COMPULSORY)

School of Business Faculty of Business and Applied Arts

Name of the Faculty Member Dr.Sachin

Course Code: ACC557 Course Title: Auditing and Assurance

Section: Q2E22 Term : 4

Max. Marks: 30 Date of Allotment: 12 March 2020

Date of Written Report submission: 31st Mar, 2020

Last date for presentations (Tutorials): 10th April 2020

S. Roll Objectives of Topic Evaluation Expecte

No No Academic Parameters d
Activity outcom
es
1 ALL To check the - Assignment is allotted to the 1.Write up (20 Applicat
STUD- ability marks) ion of
group of students which is
ENTS of the students - Audit Report concept
given below in this file.
to including
design an audit Comparison
program and
- A company from a specific
(15)
audit report of industry is allotted to each
- Audit
a group.
programme
Concern. PART- A Design (5)
The student has to design an Audit
programme for the allocated 2.Presentation (10
company from the industry keeping marks)
in view the various requirements of
an audit programme for that Detailed Rubrics will
sector/industry. be communicated in
PART- B the class as well on
The student will compare the last the UMS (in Reading
three years audit report. After that material)
they will prepare the audit report
accordingly.
Find out the type of audit which was
done, type of audit report,
comments/observations made by the
auditor in the report.
You can also use annual reports of
the companies as they can be of
great help.
 RUBRIC FOR ASSIGNMENT (20 MARKS)

ACC557- AUDITING AND ASSURANCE

Students Name- ……………………………… Date………………………….

EVALUATION FAILS TO MEET MEETS EXCEEDS SCORE

CRITERIA EXPECTATIONS EXPECTATIONS EXPECTATIONS
1. Audit report (0-5 marks) (6-10 marks) (11-15 marks)
(Including the Student is not Student is aware of Student is updated about the
comparison) (15 aware of the audit the audit report and company’s audit report and
marks) report and has just has compared the has given all the necessary
presented the previous three details in comparison .
report in the years audit report.
assignment.

2 Preparation of Audit (0-1 marks) (2-3marks) (4-5 marks)

Programme (5 marks)
If the guidelines If the student is If the student has the required
for preparation of aware about the knowledge about how to
Audit Programme guidelines to prepare the audit programme
are not clear to the prepare the audit and has incorporated all the
student. programme but it is details.
not appropriate.
RUBRIC FOR PRESENTATION (10 MARKS)
COMMUNICATION (5 Marks)
(5 marks) High Fluency, Speech flowed well. Transitions were used.
(4 marks) Good Degree of Fluency, Speech was organized.
(3 marks) Moderate Degree of Fluency, Speech was somewhat organized.
(2 marks) Low Degree of Fluency, Speech appeared to have little organization
(1 mark) No Fluency, Speech appeared to have no organization

CONFIDENCE (5 Marks)
(5 marks) Highly Confident, Speaker consistently used gestures, eye contact, tone of voice and a
levelof enthusiasm in a way thatkept the attention of the audience.
(4 marks) Good level of Confidence, Speaker usually used gestures, eye contact,tone of voice and a
level of enthusiasm in a way that kept the attention of the audience.
(3 marks) Moderate degree of Confidence, Speaker sometimes used gestures, eye contact, tone of
voiceanda level of enthusiasm inaway that kept the attention of the audience.
(2 marks) Low Confidence, Speaker used few gestures, and made little eye contactwith the
audience.
(1 mark) Not confident, Speaker rarely made eye contact withthe audience; Presentability did not
keep the attention of the Interviewer
Scoring:
Below 15= Fails to Meet Expectations, 15-20= Meets Expectations, 20 Above= Exceeds
Expectations.
 Registeration Sector/Company
SerialNo Number Name RollNumber Group Name
1 11813198 Diksha RQ2E22A25 Group 1
2 11803088 Sonali Rajput RQ2E22A11 Group 1
3 11803273 Amit Kumar Pradhan RQ2E22A12 Group 1
4 11801792 Manu Singhal RQ2E22A08 Group 1
5 11806666 Manpreet RQ2E22A19 Group 1 Automobiles/ Tata
6 11806734 Sudhanshu Kumar Singh RQ2E22A20 Group 1 Motors
7 11806302 Yadhunandan Walia RQ2E22A16 Group 2
8 11601280 Rahul Birdee RQ2E22A02 Group 2
9 11607181 Subhanu Tyagi RQ2E22A05 Group 2
10 11808455 Mallemula Kalyan Kumar RQ2E22A33 Group 2
11 11803661 Divyanshu Sharma RQ2E22A32 Group 2
12 11603879 Pamula Sindhura RQ2E22A03 Group 2 FMCG/ ITC
13 11805169 Anurag Upadhyay RQ2E22A15 Group 3
14 11800146 L Hidayathulla RQ2E22A06 Group 3
15 11807386 Edukondalu Killa RQ2E22A23 Group 3
16 11807149 Komal Sharma RQ2E22A22 Group 3
17 11814817 Rehana Khourshid RQ2E22A28 Group 3
18 11806870 Santhosh Nathan R RQ2E22A34 Group 3 Banking/ HDFC
19 11801763 Kunwar Partap Singh RQ2E22A07 Group 4
20 11802336 K Pooja RQ2E22A09 Group 4
21 11813986 Aashrit Bhari RQ2E22A27 Group 4
22 11806462 Henderson MMangeni RQ2E22A17 Group 4 Pharma/
23 11806468 Mathews Lunyeto Nyirenda RQ2E22A18 Group 4 Sunpharma