審計學一種整合的方法

審計學-一種整合的方法2024/4/3審計學一種整合的方法審計學-一種整合的方法2024/4/2審計學一種整合的方法1LearningObjective1Explaintheobjectiveofconductinganauditoffinancialstatementsandanauditofinternalcontrols.審計學一種整合的方法LearningObjective1Explainth2ObjectiveofConductinganAuditofFinancialStatementsTheobjectiveoftheordinaryauditoffinancialstatementsistheexpressionofanopinionofthefairnesswithwhichtheypresentfairly,inallrespects,financialposition,resultofoperations,anditscashflowsinconformitywithGAAP.審計學一種整合的方法ObjectiveofConductinganAud3StepstoDevelopAuditObjectives1. Understandobjectivesand responsibilitiesfortheaudit.2. Dividefinancialstatementsintocycles.3. Knowmanagement assertionsabout accounts.審計學一種整合的方法StepstoDevelopAuditObjecti4StepstoDevelopAuditObjectives4. Knowgeneralauditobjectivesfor classesoftransactionsandaccounts.5. Knowspecificauditobjectivesfor classesoftransactionsandaccounts.審計學一種整合的方法StepstoDevelopAuditObjecti5LearningObjective2Distinguishmanagement’sresponsibilityforthefinancialstatementsandinternalcontrolfromtheauditor’sresponsibilityforverifyingthefinancialstatementsandeffectivenessofinternalcontrol.審計學一種整合的方法LearningObjective2Distinguis6Management’sResponsibilitiesManagementisresponsibleforthefinancialstatementsandforinternalcontrol.TheSarbanes-OxleyActincreasesmanagement’sresponsibilityforthefinancialstatements.ItrequirestheCEOandtheCFOofpubliccompaniestocertifythequarterlyandannualfinancialstatementssubmittedtotheSEC.審計學一種整合的方法Management’sResponsibilities7Management’sResponsibilitiesTheSarbanes-OxleyActprovidesforcriminalpenaltiesforanyonewhoknowinglyfalselycertifiesthestatements.審計學一種整合的方法Management’sResponsibilities8LearningObjective3Explaintheauditor’sresponsibilityfordiscoveringmaterialmisstatements.審計學一種整合的方法LearningObjective3Explainth9Auditor’sResponsibilities

Materialversusimmaterialmisstatements

Reasonableassurance

Errorsversusfraud

Professionalskepticism

Fraudresultingfromfraudulentfinancial reportingversusmisappropriationofassets審計學一種整合的方法Auditor’sResponsibilities Mat10Auditor’sResponsibilitiesforDiscoveringIllegalActs

Direct-effectillegalacts

Indirect-effectillegalacts

Evidenceaccumulationwhenthereisnoreason tobelieveindirect-effectillegalactexists審計學一種整合的方法Auditor’sResponsibilitiesfor11Auditor’sResponsibilitiesforDiscoveringIllegalActs

Evidenceaccumulationandotheractions whenthereisreasontobelievedirect-or indirect-effectillegalactsmayexist

Actionswhentheauditorknowsofanillegalact審計學一種整合的方法Auditor’sResponsibilitiesfor12LearningObjective4Classifytransactionsandaccountbalancesintofinancialstatementcyclesandidentifybenefitsofacycleapproachtosegmentingtheaudit.審計學一種整合的方法LearningObjective4Classifyt13FinancialStatementsCyclesAuditsareperformedbydividingthefinancialstatementsintosmallersegmentsorcomponents.審計學一種整合的方法FinancialStatementsCyclesAud14TransactionFlowExampleLedgers,TrialBalance,andFinancialStatementsGeneralledgerandsubsidiaryrecordsGeneralledgertrialbalanceFinancialstatementsAcquisitionofgoodsandservicesSalesCashreceiptsTransactionsCashreceiptsjournalSalesjournalAcquisitionsjournalJournals審計學一種整合的方法TransactionFlowExampleLedger15TransactionFlowExampleAllocationandadjustmentsCashdisbursementsPayrollservicesanddisbursementsLedgers,TrialBalance,andFinancialStatementsGeneralledgerandsubsidiaryrecordsGeneralledgertrialbalanceFinancialstatementsTransactionsPayrolljournalCashdisbursementsjournalGeneraljournalJournals審計學一種整合的方法TransactionFlowExampleAlloca16RelationshipsAmongTransactionCyclesGeneralcashCapitalacquisitionandrepaymentcycleSalesandcollectioncycleAcquisitionandpaymentcyclePayrollandpersonnelcycleInventoryandwarehousingcycle審計學一種整合的方法RelationshipsAmongTransactio17LearningObjective5Describewhytheauditorobtainsacombinationofassurancebyauditingclassesoftransactionsandendingbalancesinaccounts,includingpresentationanddisclosure.審計學一種整合的方法LearningObjective5Describew18BalanceandTransactionsAffectingBalancesExampleBeginningbalanceSales$17,521$144,328$137,087Cashreceipts$1,242SalesreturnsandallowancesCharge-offofuncollectibleaccountsEndingbalance$20,197$3,323AccountsReceivable(inthousands)審計學一種整合的方法BalanceandTransactionsAffec19LearningObjective6Distinguishamongthethreecategoriesofmanagementassertionsaboutfinancialinformation.審計學一種整合的方法LearningObjective6Distinguis20ManagementAssertionsAssertionsaboutclassesoftransactionsandeventsfortheperiodunderaudit2.Assertionsaboutaccountbalancesaperiodend3.Assertionsaboutpresentationanddisclosure審計學一種整合的方法ManagementAssertionsAssertion21ManagementAssertionsfor

EachCategoryofAssertionsAssertionsAboutClassesofTransactionsandEventsAssertionsAboutAccountBalancesAssertionsAboutPresentationandDisclosureOccurrenceExistenceOccurrenceandrightsandobligationsCompletenessCompletenessCompletenessAccuracyValuationandallocationAccuracyandvaluationClassificationClassificationandunderstandabilityCutoffRightsandobligations審計學一種整合的方法ManagementAssertionsfor

Each22LearningObjective7Linkthesixgeneraltransaction-relatedauditobjectivestomanagementassertionsforclassesoftransaction.審計學一種整合的方法LearningObjective7Linkthes23OccurrenceRecordedtransactionsexistCompletenessExistingtransactionsarerecordedAccuracyRecordedtransactionsarestatedatthecorrectamountsGeneralTransactions-relatedAuditObjectives審計學一種整合的方法OccurrenceRecordedtransaction24ClassificationTransactionsareproperlyclassified.TimingTransactionsarerecordedonthecorrectdates.PostingandsummarizationTransactionsareincludedinthemasterfilesandarecorrectlysummarized.GeneralTransactions-relatedAuditObjectives審計學一種整合的方法ClassificationTransactionsare25ManagementAssertionsand

Transaction-relatedAuditObjectivesManagementAssertionsAboutClassesofTransactionsandEventsGeneralTransaction-relatedAuditObjectivesSpecificSalesTransaction-relatedAuditObjectivesOccurrenceOccurrenceRecordedsalesareforshipmentsmadetononfictitiouscustomersCompletenessCompletenessExistingsalestransactionsarerecordedAccuracyAccuracyRecordedsalesarefortheamountofgoodsshippedandarecorrectlybilledandrecordedHillsburgHardwareCompany:AsAppliedtoSalesTransactions審計學一種整合的方法ManagementAssertionsand

Tran26ManagementAssertionsand

Transaction-relatedAuditObjectivesAccuracyPostingandsummarizationSalestransactionsareproperlyincludedinthemasterfileandarecorrectlysummarizedClassificationClassificationSalestransactionsareproperlyclassifiedCutoffTimingSalestransactionsarerecordedonthecorrectdates.ManagementAssertionsAboutClassesofTransactionsandEventsGeneralTransaction-relatedAuditObjectivesSpecificSalesTransaction-relatedAuditObjectivesHillsburgHardwareCompany:AsAppliedtoSalesTransactions審計學一種整合的方法ManagementAssertionsand

Tran27LearningObjective8Linktheeightgeneralbalance-relatedauditobjectivestomanagementassertionsforaccountbalances.審計學一種整合的方法LearningObjective8Linkthee28ExistenceAmountsincludedexistCompletenessExistingamountsareincludedAccuracyAmountsincludedarestatedatthecorrectamountsGeneralBalance-related

AuditObjectives審計學一種整合的方法ExistenceAmountsincludedexis29ClassificationAmountsareproperlyclassifiedCutoffTransactionsarerecordedintheproperperiodDetailtie-inAccountbalancesagreewithmasterfileamounts,andwiththegeneralledgerGeneralBalance-related

AuditObjectives審計學一種整合的方法ClassificationAmountsareprop30RealizablevalueAssetsareincludedatestimatedrealizablevalueRightsandobligationsAssetsmustbeownedGeneralBalance-related

AuditObjectives審計學一種整合的方法RealizableAssetsareincluded31ManagementAssertionsand

Transaction-relatedAuditObjectivesManagementAssertionsAboutAccountBalancesGeneralBalance-relatedAuditObjectivesSpecificBalance-relatedAuditObjectivesAppliedtoInventoryExistenceExistenceAllrecordedinventoryexistsatthebalancesheetdateCompletenessCompletenessAllexistinginventoryhasbeencountedandincludedintheinventorysummaryHillsburgHardwareCompany:AsAppliedtoInventory審計學一種整合的方法ManagementAssertionsand

Tran32ManagementAssertionsand

Transaction-relatedAuditObjectivesManagementAssertionsAboutAccountBalancesGeneralBalance-relatedAuditObjectivesValuationandallocationAccuracyInventoryquantitiesontheclient’sperpetualrecordsagreewithitemsphysicallyonhandPricesusedtovalueinventoriesaremateriallycorrectExtensionsofpricetimesquantityarecorrectanddetailsarecorrectlyaddedHillsburgHardwareCompany:AsAppliedtoInventorySpecificBalance-relatedAuditObjectivesAppliedtoInventory審計學一種整合的方法ManagementAssertionsand

Tran33ManagementAssertionsand

Transaction-relatedAuditObjectivesManagementAssertionsAboutAccountBalancesGeneralBalance-relatedAuditObjectivesValuationandallocationClassificationCutoffInventoryitemsareproperlyclassifiedastorawmaterials,workinprocess,andfinishedgoodsPurchasecutoffatyearendisproperSalescutoffatyearendisproperHillsburgHardwareCompany:AsAppliedtoInventorySpecificBalance-relatedAuditObjectivesAppliedtoInventory審計學一種整合的方法ManagementAssertionsand

Tran34ManagementAssertionsand

Transaction-relatedAuditObjectivesManagementAssertionsAboutAccountBalancesGeneralBalance-relatedAuditObjectivesValuationandallocationDetailtie-inRealizablevalueTotalofinventoryitemsagreeswithgeneralledgerInventorieshavebeenwrittendownwherenetrealizablevalueisimpairedHillsburgHardwareCompany:AsAppliedtoInventorySpecificBalance-relatedAuditObjectivesAppliedtoInventoryRightsandobligationsRightsandobligationsThecompanyhastitletoallinventoryitemslistedInventoriesarenotpledgedascollateral審計學一種整合的方法ManagementAssertionsand

Tran35LearningObjective9Linkthefourpresentationanddisclosure-relatedauditobjectivestomanagementassertionsforpresentationanddisclosure.審計學一種整合的方法LearningObjective9Linkthef36ManagementAssertionsandPresentationandDisclosure-relatedAuditObjectivesHillsburgHardwareCompany:AsAppliedtoNotesPayableManagementAssertionsAboutPresentationandDisclosureSpecificPresentationandDisclosure-relatedAuditObjectivesAppliedtoNotesPayableOccurrenceandrightsandobligationsOccurrenceandrightsandobligationsNotespayableasdescribedinthefootnotesexistandareobligationsofthecompanyCompletenessCompletenessAllrequireddisclosuresrelatedtonotespayableareincludedinthefinancialstatementfootnotesGeneralPresentation-andDisclosure-relatedAuditObjectives審計學一種整合的方法ManagementAssertionsandPres37ManagementAssertionsandPresentationandDisclosure-relatedAuditObjectivesHillsburgHardwareCompany:AsAppliedtoNotesPayableManagementAssertionsAboutPresentationandDisclosureSpecificPresentationandDisclosure-relatedA