tailieunhanh - Lecture Auditing and assurance services in Australia (4th ed): Chapter 15 - Grant Gay, Roger Simnett

Chapter 15 - Audit and assurance services in the public sector. In this chapter we will discuss: understand the evolving nature of internal auditing; appreciate the professional standards developed for internal auditing; understand what internal auditors do in practice; gain an appreciation of the issues that may face the internal audit profession in the future; and appreciate the approaches to assessing risk management, control and governance processes. | Chapter 15 Audit and assurance services in the public sector 15- Copyright 2010 McGraw-Hill Australia Pty Ltd PPTs t/a Auditing and Assurance Services in Australia 4e by Grant Gay and Roger Simnett Slides prepared by Roger Simnett Learning objective 1: Australian system of government In a federal system such as Australia’s, the various functions of government are shared between the Commonwealth, the states and territories, and local government bodies. The Commonwealth Government covers matters of national importance such as defence and immigration. State and territory government deal with social services such as education and public health. Local government authorities are concerned primarily with civic services and social services. 15- Copyright 2010 McGraw-Hill Australia Pty Ltd PPTs t/a Auditing and Assurance Services in Australia 4e by Grant Gay and Roger Simnett Slides prepared by Roger Simnett Learning objective 2: Accountability Parliament approves the use of various resources. The management of public sector entities is entrusted with public resources on a stewardship basis. Reports are prepared showing the use of resources. Public sector auditors provide assurance on these reports. 15- Copyright 2010 McGraw-Hill Australia Pty Ltd PPTs t/a Auditing and Assurance Services in Australia 4e by Grant Gay and Roger Simnett Slides prepared by Roger Simnett Framework of accountability 15- Copyright 2010 McGraw-Hill Australia Pty Ltd PPTs t/a Auditing and Assurance Services in Australia 4e by Grant Gay and Roger Simnett Slides prepared by Roger Simnett Sources of government revenue and expenditure Governments derive their revenue from taxation, charging for goods and services, fines, sale of non-current assets and borrowing. The Commonwealth also provides grants to the states and territories and to local government bodies. Public expenditure involves public money being spent on providing goods and services to the public, and . | Chapter 15 Audit and assurance services in the public sector 15- Copyright 2010 McGraw-Hill Australia Pty Ltd PPTs t/a Auditing and Assurance Services in Australia 4e by Grant Gay and Roger Simnett Slides prepared by Roger Simnett Learning objective 1: Australian system of government In a federal system such as Australia’s, the various functions of government are shared between the Commonwealth, the states and territories, and local government bodies. The Commonwealth Government covers matters of national importance such as defence and immigration. State and territory government deal with social services such as education and public health. Local government authorities are concerned primarily with civic services and social services. 15- Copyright 2010 McGraw-Hill Australia Pty Ltd PPTs t/a Auditing and Assurance Services in Australia 4e by Grant Gay and Roger Simnett Slides prepared by Roger Simnett Learning objective 2: Accountability Parliament approves the use of .

• Kế toán - Kiểm toán
• Assurance services profession
• Assurance services
• Auditing services
• Audit process
• Institute of internal auditors
• Structure of the profession
• Audit firms
• Assurance framework
• Accounting information
• Professional status
• Regulation of auditing
• The auditing profession
• Corporate governance
• Professional ethics
• Legal liability
• Liability to clients
• Financial repport audit process
• Financial report assertions
• The business
• Strategic business risk
• Inherent risk assessment
• Inherent risk
• Internal control structure
• Assessing control risk
• Tests of controls
• Sales cycle
• Substantive tests
• Substantive tests of transactions
• Audit sampling
• Sampling theory
• Adjusting events
• Financial report
• Auditor’s reporting obligations
• Professional reporting obligations
• Prospective financial information
• Highlight information
• Government accounting
• Reporting duties
• E commerce systems
• Business risk assessments