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 and assurance services in Australia: Chapter 12 - Gay, Simnett
Đang chuẩn bị liên kết để tải về tài liệu:
Lecture Auditing and assurance services in Australia: Chapter 12 - Gay, Simnett
Kim Thư
79
23
ppt
Đang chuẩn bị nút TẢI XUỐNG, xin hãy chờ
Tải xuống
Chapter 12 - Completion and review. After studying this chapter you should be able to: explain the significance of the date of the auditor’s report and the audit engagement; define subsequent events of audit interest, and describe the audit procedures applied specifically to identify such events; describe the nature and purpose of written representations obtained from the entity’s management and solicitors;. | CHAPTER 12 COMPLETION AND REVIEW THE NATURE OF COMPLETION AND REVIEW PROCEDURES DATE OF AUDIT REPORT Important because it establishes date of auditor’s responsibility for knowledge of events that should be reflected in financial report. Audit report should be dated when it is actually signed, and no earlier than date of directors’ declaration. Ensures financial report was completed and formally accepted by officers of company prior to auditor expressing an opinion. AUDIT PROCEDURES AFTER BALANCE DATE Many audit procedures performed after balance date as normal tests of balances, e.g.: Cut-off tests Collectability of accounts receivable determined by subsequent payment Out-of-period liability search ANALYTICAL PROCEDURES AFTER BALANCE DATE Auditor also required to apply analytical procedures at or near completion of audit to: Assist in overall review of reasonableness of financial report Ensure financial report is consistent with auditor’s knowledge of entity Corroborate conclusions formed during audit SUBSEQUENT EVENTS REVIEW AASB 1002 (IAS 10) indicates that financial report should reflect the effects of certain events occurring up to time of completion, which is defined as date of approval of financial report by owners or controlling management. Auditor’s responsibility to consider subsequent events extended up to date on which auditor signs audit report. TYPES OF EVENTS SUBSEQUENT TO BALANCE DATE Two types of events may materially affect financial reports. These are: Type 1 or adjusting events Type 2 or disclosing events TYPE 1 OR ADJUSTING EVENTS Events, both favourable and unfavourable, that provide evidence of, or further elucidate, conditions that existed at balance date Financial effect of such events needs to be brought to account (amounts in the financial statements might need to be adjusted) EXAMPLES OF ADJUSTING EVENTS Subsequent collection of a material account receivable that has been treated as uncollectable at balance | CHAPTER 12 COMPLETION AND REVIEW THE NATURE OF COMPLETION AND REVIEW PROCEDURES DATE OF AUDIT REPORT Important because it establishes date of auditor’s responsibility for knowledge of events that should be reflected in financial report. Audit report should be dated when it is actually signed, and no earlier than date of directors’ declaration. Ensures financial report was completed and formally accepted by officers of company prior to auditor expressing an opinion. AUDIT PROCEDURES AFTER BALANCE DATE Many audit procedures performed after balance date as normal tests of balances, e.g.: Cut-off tests Collectability of accounts receivable determined by subsequent payment Out-of-period liability search ANALYTICAL PROCEDURES AFTER BALANCE DATE Auditor also required to apply analytical procedures at or near completion of audit to: Assist in overall review of reasonableness of financial report Ensure financial report is consistent with auditor’s knowledge of entity .
TÀI LIỆU LIÊN QUAN
Lecture Auditing and assurance services in Australia (4th ed): Chapter 2 - Grant Gay, Roger Simnett
Lecture Auditing and assurance services in Australia (4th ed): Chapter 2 - Grant Gay, Roger Simnett
Lecture Auditing and assurance services in Australia: Chapter 1 - Gay, Simnett
Lecture Auditing and assurance services in Australia (4th ed): Chapter 1 - Grant Gay, Roger Simnett
Lecture Auditing and assurance services in Australia: Chapter 1 - Grant Gay, Roger Simnett
Lecture Auditing and assurance services in Australia (4th ed): Chapter 1 - Grant Gay, Roger Simnett
Lecture Auditing and assurance services in Australia: Chapter 1 - Gay, Simnett
Lecture Auditing and assurance services in Australia: Chapter 2 - Grant Gay, Roger Simnett
Lecture Auditing and assurance services in Australia: Chapter 2 - Gay, Simnett
Lecture Auditing and assurance services in Australia: Chapter 3 - Gay, Simnett
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.