1. Audit Assignment
Date; 13/02/2015
1. What do you mean by dematerialized security?
 The security that has been converted from physical form to electronic form is called
dematerialized security.
2. Write short note on contents of audit reports of members of stock exchange?
 If the statement of accounts has been prepared in accordance with the auditing
principles.
 If the statement shows a true and fair value of the affairs of the business.
 He has obtained all information to the best of his ability and knowledge.
3. What does SEBI (Mutual funds) Regulations, 1996 regulation 63 highlight?
 It states the accounting principles and policies to be followed for determining
distributable profits and accounting the sale and re-purchase of units in the mutual
funds.
4. What are the various documents required to be maintained by depositories as per SEBI
(depositories and participants) Regulation, 1996? (Name 5).
 Register of transaction.
 Bank pass book.
 Cash book.
 Journals.
 Client ledger, etc.
5. Refer question word file.
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