Tài liệu Khối Ngành Kinh Tế

As both groups of auditors move to strategic risk analysis approach, greater co-ordination between IA and EA can be expected Co-ordination aided by recent developments in corporate governance, with audit committee playing key co-ordination role

15 trang | Chia sẻ: huyhoang44 | Ngày: 26/03/2020 | Lượt xem: 461 | Lượt tải: 0

Establishing suitable criteria for testing controls is a key aspect. If entity clearly sets out what constitutes a satisfactory IC system, then easier for auditor to audit. There is no suitably detailed description of IC that would serve as audit criteria for all entities. Should assess both design and operating effectiveness of IC systems.

17 trang | Chia sẻ: huyhoang44 | Ngày: 26/03/2020 | Lượt xem: 520 | Lượt tải: 0

Additional disclosures with which auditor concurs Inherent uncertainty (including going concern) that is adequately disclosed Material inconsistency between information contained in documents attached to financial report and the financial report Inappropriateness of going concern as a result of new conditions occurring after balance date Notice...

32 trang | Chia sẻ: huyhoang44 | Ngày: 26/03/2020 | Lượt xem: 668 | Lượt tải: 0

Auditor should obtain letter from solicitors consulted by the client during year to obtain evidence on existence, completeness, valuation and presentation of legal issues identified during audit. All enquiries of legal representatives of clients, and their responses to these enquiries (representations) will be documented in this letter. Exampl...

23 trang | Chia sẻ: huyhoang44 | Ngày: 26/03/2020 | Lượt xem: 551 | Lượt tải: 0

An alternative method is to determine sample size by reference to: Table 11.5 (p. 515), for allowable risk of over-reliance (ARO) is 10% (90% confidence). This ARO is common in practice. Table 11.6 (p. 515), for allowable risk of over-reliance is 5% (95% confidence).

34 trang | Chia sẻ: huyhoang44 | Ngày: 26/03/2020 | Lượt xem: 638 | Lượt tải: 0

Determined by assessed level of control risk in bank and cash handling procedures. Much of this information will come from evaluations and tests of controls in the sales and cash receipts, purchases and cash payments systems.

45 trang | Chia sẻ: huyhoang44 | Ngày: 26/03/2020 | Lượt xem: 551 | Lượt tải: 0

OTHER FACTORS AFFECTING SUFFICIENCY AND APPROPRIATENESS Auditor should also consider: Type and source evidence Timeliness Interrelationship of evidence

39 trang | Chia sẻ: huyhoang44 | Ngày: 26/03/2020 | Lượt xem: 569 | Lượt tải: 0

The auditor will be interested in control procedures aimed at ensuring internal control objectives concerning: Authorisation and approval, e.g. control of access Occurrence, e.g. proper use of documents Completeness, e.g. accounting for sequence of pre-printed documents Measurement, e.g. use of control totals Safeguarding, e.g. physical protec...

49 trang | Chia sẻ: huyhoang44 | Ngày: 26/03/2020 | Lượt xem: 583 | Lượt tải: 0

Defined: information which if misstated, omitted, or not disclosed separately in a financial report may adversely affect either user decisions or the discharge of accountability by management. (AUS 306.03/ISA 320.03) Auditor uses materiality to: Evaluate presentation of financial data Determine nature, timing and extent of audit procedures

23 trang | Chia sẻ: huyhoang44 | Ngày: 26/03/2020 | Lượt xem: 599 | Lượt tải: 0

S trengths - internal aspects that can improve competitive situation Weaknesses - internal aspects, vulnerability to competitors’ strategic moves O pportunities - environmental aspects that can improve entity’s situation relative to competitors T hreats - environmental aspects that can undermine entity’s competitive situation

36 trang | Chia sẻ: huyhoang44 | Ngày: 26/03/2020 | Lượt xem: 484 | Lượt tải: 0