Kinh doanh - Marketing
Kinh tế quản lý
Biểu mẫu - Văn bản
Tài chính - Ngân hàng
Công nghệ thông tin
Tiếng anh ngoại ngữ
Kĩ thuật công nghệ
Khoa học tự nhiên
Khoa học xã hội
Văn hóa nghệ thuật
Sức khỏe - Y tế
Văn bản luật
Nông Lâm Ngư
Kỹ năng mềm
Luận văn - Báo cáo
Giải trí - Thư giãn
Tài liệu phổ thông
Văn mẫu
Giới thiệu
Đăng ký
Đăng nhập
Tìm
Danh mục
Kinh doanh - Marketing
Kinh tế quản lý
Biểu mẫu - Văn bản
Tài chính - Ngân hàng
Công nghệ thông tin
Tiếng anh ngoại ngữ
Kĩ thuật công nghệ
Khoa học tự nhiên
Khoa học xã hội
Văn hóa nghệ thuật
Y tế sức khỏe
Văn bản luật
Nông lâm ngư
Kĩ năng mềm
Luận văn - Báo cáo
Giải trí - Thư giãn
Tài liệu phổ thông
Văn mẫu
Thông tin
Điều khoản sử dụng
Quy định bảo mật
Quy chế hoạt động
Chính sách bản quyền
Giới thiệu
Đăng ký
Đăng nhập
0
Trang chủ
Tài Chính - Ngân Hàng
Kế toán - Kiểm toán
Lecture Auditing & assurance services (5th) - Chapter 7: Revenue and collection cycle
Đang chuẩn bị liên kết để tải về tài liệu:
Lecture Auditing & assurance services (5th) - Chapter 7: Revenue and collection cycle
Hữu Lễ
77
15
ppt
Đang chuẩn bị nút TẢI XUỐNG, xin hãy chờ
Tải xuống
The main goals of this chapter are to: Discuss inherent risks related to the revenue and collection cycle with a focus on improper revenue recognition describe the revenue and collection cycle, including typical source documents and control procedures; give examples of tests of controls over customer credit approval, delivery, and accounts receivable accounting. | Copyright © 2013 by The McGraw-Hill Companies, Inc. All rights reserved. McGraw-Hill/Irwin Learning Objectives Discuss inherent risks related to the revenue and collection cycle with a focus on improper revenue recognition Describe the revenue and collection cycle, including typical source documents and control procedures. Give examples of tests of controls over customer credit approval, delivery, and accounts receivable accounting Give examples of substantive procedures in the revenue and collection cycle and relate them to assertions about account balances at the end of the period. Describe some common errors and frauds in the revenue and collection cycle, and design some audit and investigation procedures for detecting them. Chapter 07 Revenue and Collection Cycle 7- Overall Audit Approach INHERENT RISKS: Improper Revenue Recognition Cut-off Bill and Hold Channel Stuffing Returns and Allowances Collectibility of Receivables 7- Revenue Recognition Must be (1) realized or realizable and (2) earned SEC guidance (SAB 104) Persuasive evidence of an arrangement exists, Delivery has occurred or services have been rendered, The seller's price to the buyer is fixed or determinable, and Collectibility is reasonably assured 7- REVENUE AND COLLECTION CYCLE: Key Control Procedures SEGPARATION OF DUTIES Separate functions for recording, authorization, custody AUTHORIZATION OF TRANSACTIONS Write-offs EDI transactions Credit checks prior to approval of sale Pricing ACCESS TO ASSETS Shipping department Lock box account ADEQUATE DOCUMENTS AND RECORDS Pre-numbered sales orders, shipping documents (bills of lading), sales invoices Remittance advice INDEPENDENT CHECKS ON PERFORMANCE A/R subsidiary ledger to general ledger Monthly statement to customer 7- Audit Evidence in Management Reports and Data Files Pending order master file Credit check/approval files Price list master file Sales detail file (sales journal) Sales analysis report Accounts . | Copyright © 2013 by The McGraw-Hill Companies, Inc. All rights reserved. McGraw-Hill/Irwin Learning Objectives Discuss inherent risks related to the revenue and collection cycle with a focus on improper revenue recognition Describe the revenue and collection cycle, including typical source documents and control procedures. Give examples of tests of controls over customer credit approval, delivery, and accounts receivable accounting Give examples of substantive procedures in the revenue and collection cycle and relate them to assertions about account balances at the end of the period. Describe some common errors and frauds in the revenue and collection cycle, and design some audit and investigation procedures for detecting them. Chapter 07 Revenue and Collection Cycle 7- Overall Audit Approach INHERENT RISKS: Improper Revenue Recognition Cut-off Bill and Hold Channel Stuffing Returns and Allowances Collectibility of Receivables 7- Revenue Recognition Must be (1) .
TÀI LIỆU LIÊN QUAN
Lecture Auditing & assurance services (5th) - Chapter 1: Auditing and assurance services
Lecture Auditing & assurance services (5th edition) - Chapter 1: Auditing and assurance services
Lecture Auditing & assurance services (5th edition) - Chapter 1: Auditing and assurance services
Lecture Auditing & assurance services (5th) - Chapter 2: Professional standards
Lecture Auditing & assurance services (5th edition) - Chapter 2: Professional standards
Lecture Auditing & assurance services (5th edition) - Chapter 2: Professional standards
Lecture Auditing & assurance services (5th) - Chapter 9: Production cycle
Lecture Auditing & assurance services (5th) - Chapter 10: Finance and investment cycle
Lecture Auditing & assurance services (5th) - Chapter 11: Completing the audit
Lecture Auditing & assurance services (5th) - Chapter 12: Reports on audited financial statements
crossorigin="anonymous">
Đã phát hiện trình chặn quảng cáo AdBlock
Trang web này phụ thuộc vào doanh thu từ số lần hiển thị quảng cáo để tồn tại. Vui lòng tắt trình chặn quảng cáo của bạn hoặc tạm dừng tính năng chặn quảng cáo cho trang web này.