The course builds the knowledge gained in Auditing I. It covers an in depth practical aspects of topics introduced in Auditing I and brings in new concepts as well. The course introduces audit sampling in general and goes on to application of statistical tools in tests of control and balances. The technical application of auditing procedures for balance sheet and income statement accounts in an audit undertaking are the foremost subject matters of the course. Audit of systems that include EDP application along with tools and techniques used in evaluation and understanding of internal control in such environments will be introduced.