Offer your comment on the following statements—

(a) Auditing may be defined as an ‘Accounting Control’.

(b) Fraud does not necessarily involve misappropriation of cash or goods.

(c) Auditing is a dynamic social science.

(d) Accounting is a necessity to business organisation but auditing is a luxury.

(e) Accountancy begins where book keeping ends and where the work of an accountant ends, the work of an auditor begins.

(f) An auditor is not an insurer.

(g) The relationship of auditing to accounting is close, yet their natures are different. They are business associates, not parent and child.

(h) Auditing has its principal roots not in accounting which it reviews, but in logic on which it leans heavily for ideas and methods.

(i) Auditing does not mean ticking or checking totals.

(j) Auditing is a dynamic social science.