Accounting is defined as an art of Recording,
Classifying summarizing transaction and events which are of financial in nature
in terms of money and to provide results thereof. So in accounting we record in
Journal, Classify in Legder and summerise in Trail Balance, Income Statement
and Position Statement. Accounting is language of business and for a Company
Secretary it is very important to understand this language. On the other hand
Auditing is process to check the correctness and reliability of accounting information.
ICSI conducts exam of FINANCIAL ACCOUNTING AND AUDITING so that CS foundation students become proficient with accounting
system and methods. CS Foundation exam of Financial Accounting and Auditing is
conducted in MCQ pattern and CS foundation Students must score 40% in this
computer based mcq test so that they can pass CS foundation. Keeping this in
mind team of www.mcqtestonline.com
has created website that helps students to practice mcq test for cs foundation chapter
wise. www.mcqtestonline.com works as
an online scanner where students can practice again and again for their CS foundation
and CS Executive Exam in mcq pattern.
Accounting
Auditing
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