Introduction to auditing philosophy, Methodology and postulates of auditing, Economic and social role of auditing and auditor, The stewardship hypothesis, information hypothesis, insurance hypothesis, Political review of corporate auditing, Auditing with computer ,General, specific and relative price change, Price level restatement approaches, IAS 15: Information Reflecting the Effects of Changing Prices, Statistical auditing, Sampling in auditing, Sampling in compliance test of internal accounting control, Sampling in substantive tests of details, The auditor and liability under law: Accountant’s legal liability. Civil liability, Case laws