Tài liệu Kế Toán - Kiểm Toán

The management letter is the statement of management to the investors. It indicates: Management is responsible for the preparation and content of the financial report. The statements were prepared in accordance with Generally accepted accounting principles (GAAP). The company maintains a system of internal controls to safeguard assets.

42 trang | Chia sẻ: huyhoang44 | Ngày: 26/03/2020 | Lượt xem: 682 | Lượt tải: 0

Why is third-party assurance of sustainability reporting demanded? What is relevant guidance for assurance on sustainability reporting? What is the role of practitioners as assurers of sustainability reporting?

33 trang | Chia sẻ: huyhoang44 | Ngày: 24/03/2020 | Lượt xem: 597 | Lượt tải: 0

Educational, training and experience. requirements for entry into the profession. Continuing professional development requirements. Corporate governance regulations. Professional standards. Professional or regulatory monitoring and disciplinary procedures. External review by a legally empowered third party of the reports, returns, communicatio...

42 trang | Chia sẻ: huyhoang44 | Ngày: 24/03/2020 | Lượt xem: 801 | Lượt tải: 0

The term ‘other matter’ is used because the matter communicated is a matter other than those that are presented or disclosed in the financial statements. The other matter must relate to the understanding of the audit, the auditor’s responsibilities or the auditor’s report. An other matter paragraph is headed ‘Other Matter’ and the paragraph is in...

28 trang | Chia sẻ: huyhoang44 | Ngày: 24/03/2020 | Lượt xem: 931 | Lượt tải: 0

The auditor is not responsible for making any inquiries or conducting any audit procedures after the date of the audit report. However, facts may come to the auditor’s attention after the date of the audit report that might have affected the audit report had the auditor known about them. Auditing standards (ISA 560) provide guidance to auditors in...

20 trang | Chia sẻ: huyhoang44 | Ngày: 24/03/2020 | Lượt xem: 630 | Lượt tải: 0

A cut-off bank statement normally covers the 7- to 10-day period after the date on which the bank account is reconciled. For reconciliation purposes, any item should have cleared the client’s bank account during the 7- to 10-day period.

30 trang | Chia sẻ: huyhoang44 | Ngày: 24/03/2020 | Lượt xem: 804 | Lượt tải: 0

The following duties should be segregated: The individuals responsible for issuing, transferring and canceling stock certificates should not have any accounting responsibilities. The individual responsible for maintaining the detailed stockholders’ records should be independent of the maintenance of the general ledger control accounts. The indiv...

26 trang | Chia sẻ: huyhoang44 | Ngày: 24/03/2020 | Lượt xem: 674 | Lượt tải: 0

The inherent risk associated with intangible assets and goodwill raises serious risk considerations. The accounting rules are complex and the transactions are difficult to audit. Accounting standards require different asset impairment tests for different classes of intangible assets. With the judgement and complexity associated with valuation and e...

29 trang | Chia sẻ: huyhoang44 | Ngày: 24/03/2020 | Lượt xem: 770 | Lượt tải: 0

Inventory transactions that are not properly recorded result in misstatements that directly affect the amounts reported in the financial statements. Inventory purchases must be recorded at the correct price and actual quantity received. Inventory shipped must be properly recorded in cost of goods sold and the related revenue recognized.

30 trang | Chia sẻ: huyhoang44 | Ngày: 24/03/2020 | Lượt xem: 653 | Lượt tải: 0

In assessing inherent risk the auditor may want to consider the effect of economic conditions on payroll costs, the supply of skilled workers and the frequency of employee turnover. The auditor should be familiar with any existing labour contracts and the impact of regulation on the company.

28 trang | Chia sẻ: huyhoang44 | Ngày: 24/03/2020 | Lượt xem: 648 | Lượt tải: 0