This comprehensive textbook covers all essential auditing concepts and practices, providing students with a solid foundation in the field. Combining theoretical insights with practical examples and regulatory frameworks ensures a holistic understanding of the subject, preparing students for academic success and professional excellence. It is designed specifically for undergraduate students at the University of Delhi, aligning with the syllabus requirements for B.Com. (Hons.) and B.Com. courses. The Present Publication is the 2024 Edition, based on the New Education Policy (NEP). This book is authored by Dr Aruna Jha and CA (Dr) Anuj Bhatia, with the following noteworthy features: [Concept Clarity] Concepts are explained in a lucid and concise manner, facilitating easy understanding for students at all levels of proficiency [Practical Examples] Includes a large number of real-life examples to elucidate theoretical concepts and demonstrate their practical applications, bridging the gap between theory and practice [Visual Aids] The book extensively uses tables, figures, and diagrams to enhance comprehension and retention of complex auditing principles [Regulatory Analysis] Relevant Standards on Auditing issued by the Institute of Chartered Accountants of India are integrated at suitable places to ensure students are well-versed with current professional standards [Landmark Cases] References to landmark cases with significant implications for auditing provide a contextual understanding of theoretical concepts within practical scenarios [Legislative Provisions] Key provisions of the Companies Act, 2013, relating to accounts and audits are explained clearly and concisely, aiding students in understanding complex legislative requirements [Chapter-end Questions] Important questions are provided at the end of each chapter to test students' knowledge and understanding of the topics covered, promoting self-assessment and revision