SUMMER TRAINING REPORT &VIVA VOICE

ON

STUDY OF FINANCIAL STATEMENT & AUDITING SERVICES

Undertaken at

“Devendra Dahiya & Company”

Submitted in partial fulfillment of the requirements for the award of the degree of

BACHELOR OF BUSINESS ADMINISTRATION

To

Guru Gobind Singh Indraprastha University, Delhi

Under the Guidance of Submitted by

Ms. NEHA GUPTA YASH BAJAJ

Faculty Guide BBA-V Semester, Morning

Enrollment No.: 08717001716

Session: 2018-19

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 CERTIFICATE

This is to certify that I YASH BAJAJ had completed the Project titled “STUDY OF
FINANCIAL STATEMENT & AUDITING SERVICES PROVIDED BY DEVENDRA
DAHIYA & COMPANY” under the guidance of Ms. NEHA GUPTA Ma’am in the partial
fulfillment of the requirement for the award of degree of BBA from TECNIA INSTITUTE OF
ADVANCED STUDIES, New Delhi. This is an original piece of work and I had neither copied
nor submitted it earlier elsewhere.

YASH BAJAJ

BBA VTH SEMESTER

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 ACKNOWLEDGEMENT

With candor and pleasure I take opportunity to express my sincere thanks and obligation to my
esteemed guide Ms. NEHA GUPTA ma’am. It is because of her able and mature guidance and co-
operation without which it would not have been possible for me to complete my project.

I would also like to express my gratitude to Mr. AJAY KUMAR [director], TIAS, New Delhi
for providing all needful facilities in the campus and the best faculty for the students

This report has been made possible through direct and indirect support of various people for whom
I wish to express my appreciation and gratitude.

I also owe my sincere and whole hearted thanks to Ms. NEHA GUPTA ma’am (Project Guide) for
constantly guiding me and tackling variety of hurdles with implicit patience throughout my
research project and whose deep involvement and interest in the project infused in me great
inspiration and confidence in taking up this study in right direction. Without his overall guidance
and help the project may not have seen to be completed.

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 EXECUTIVE SUMMARY

The project that I worked upon is titled as “STUDY OF FINANCIAL STATEMENT &
AUDITING SERVICES PROVIDED BY DEVENDRA DAHIYA & COMPANY”. It was
completed after a depth analysis of the particular client’s Financial statements.

In this project, I have studied the firm’s clients financial statements, analyzing their growth,
performance and any abnormal losses occurrence, which I observed while assisting the auditor,
during the audit of the particular client’s business.

The project also discusses about how chartered accountants firms conducts tax audit of the client’s
companies which is statutory in nature.

The primary data has been collected by obtaining the necessary set of book of accounts, financial
statements, vouchers, past audit reports etc. from the client’s accounts office. Also, I did a parallel
study about the effectiveness of the financial services rendered by the CA firm and why is it
necessary for the companies to get the audits done.

In this project, I have also mentioned about the various types of advanced auditing, brief
description about the taxation and their usage and necessity along with the analysis and
interpretation of the data, gathered through the primary and secondary sources. I also gathered
information, views of the clients to examine the effectiveness of the working behavior and the
services provided by the CA firm and the extent of client satisfaction by personally interviewing
the staff.

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 CONTENT

1 Certificate ii

2 Acknowledgement iii

3 Executive summary iv

4 Chapter I: Introduction 1-7

5 Chapter II: Literature Review 8-15

6 Chapter III: Research Methodology 16-18

7 Chapter IV: Data Collection 19-21

8 Chapter V: Data Analysis 22-46

9 Chapter VI: Finding & Suggestions 47-50

10 Chapter VII: Conclusion 51-52

11 Bibliography 53

12 Annexure 54-62

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