审计学：一种整合方法-第12版-英文版Cha

AuditResponsibilities

andObjectivesChapter6审计学：一种整合方法_第12版_英文版Cha共42页，您现在浏览的是第1页!LearningObjective1Explaintheobjectiveofconductinganauditoffinancialstatementsandanauditofinternalcontrols.审计学：一种整合方法_第12版_英文版Cha共42页，您现在浏览的是第2页!ObjectiveofConductinganAuditofFinancialStatementsTheobjectiveoftheordinaryauditoffinancialstatementsistheexpressionofanopinionofthefairnesswithwhichtheypresentfairly,inallrespects,financialposition,resultofoperations,anditscashflowsinconformitywithGAAP.审计学：一种整合方法_第12版_英文版Cha共42页，您现在浏览的是第3页!StepstoDevelopAuditObjectives4. Knowgeneralauditobjectivesfor classesoftransactionsandaccounts.5. Knowspecificauditobjectivesfor classesoftransactionsandaccounts.审计学：一种整合方法_第12版_英文版Cha共42页，您现在浏览的是第4页!Management’sResponsibilitiesManagementisresponsibleforthefinancialstatementsandforinternalcontrol.TheSarbanes-OxleyActincreasesmanagement’sresponsibilityforthefinancialstatements.ItrequirestheCEOandtheCFOofpublicpaniestocertifythequarterlyandannualfinancialstatementssubmittedtotheSEC.审计学：一种整合方法_第12版_英文版Cha共42页，您现在浏览的是第5页!LearningObjective3Explaintheauditor’sresponsibilityfordiscoveringmaterialmisstatements.审计学：一种整合方法_第12版_英文版Cha共42页，您现在浏览的是第6页!Auditor’sResponsibilitiesforDiscoveringIllegalActs

Direct-effectillegalacts

Indirect-effectillegalacts

Evidenceaccumulationwhenthereisnoreason tobelieveindirect-effectillegalactexists审计学：一种整合方法_第12版_英文版Cha共42页，您现在浏览的是第7页!LearningObjective4Classifytransactionsandaccountbalancesintofinancialstatementcyclesandidentifybenefitsofacycleapproachtosegmentingtheaudit.审计学：一种整合方法_第12版_英文版Cha共42页，您现在浏览的是第8页!TransactionFlowExampleLedgers,TrialBalance,andFinancialStatementsGeneralledgerandsubsidiaryrecordsGeneralledgertrialbalanceFinancialstatementsAcquisitionofgoodsandservicesSalesCashreceiptsTransactionsCashreceiptsjournalSalesjournalAcquisitionsjournalJournals审计学：一种整合方法_第12版_英文版Cha共42页，您现在浏览的是第9页!RelationshipsAmongTransactionCyclesGeneralcashCapitalacquisitionandrepaymentcycleSalesandcollectioncycleAcquisitionandpaymentcyclePayrollandpersonnelcycleInventoryandwarehousingcycle审计学：一种整合方法_第12版_英文版Cha共42页，您现在浏览的是第10页!BalanceandTransactionsAffectingBalancesExampleBeginningbalanceSales$17,521$144,328$137,087Cashreceipts$1,242SalesreturnsandallowancesCharge-offofuncollectibleaccountsEndingbalance$20,197$3,323AccountsReceivable(inthousands)审计学：一种整合方法_第12版_英文版Cha共42页，您现在浏览的是第11页!ManagementAssertionsAssertionsaboutclassesoftransactionsandeventsfortheperiodunderaudit2.Assertionsaboutaccountbalancesaperiodend3.Assertionsaboutpresentationanddisclosure审计学：一种整合方法_第12版_英文版Cha共42页，您现在浏览的是第12页!LearningObjective7Linkthesixgeneraltransaction-relatedauditobjectivestomanagementassertionsforclassesoftransaction.审计学：一种整合方法_第12版_英文版Cha共42页，您现在浏览的是第13页!ClassificationTransactionsareproperlyclassified.TimingTransactionsarerecordedonthecorrectdates.PostingandsummarizationTransactionsareincludedinthemasterfilesandarecorrectlysummarized.GeneralTransactions-relatedAuditObjectives审计学：一种整合方法_第12版_英文版Cha共42页，您现在浏览的是第14页!ManagementAssertionsand

Transaction-relatedAuditObjectivesAccuracyPostingandsummarizationSalestransactionsareproperlyincludedinthemasterfileandarecorrectlysummarizedClassificationClassificationSalestransactionsareproperlyclassifiedCutoffTimingSalestransactionsarerecordedonthecorrectdates.ManagementAssertionsAboutClassesofTransactionsandEventsGeneralTransaction-relatedAuditObjectivesSpecificSalesTransaction-relatedAuditObjectivesHillsburgHardwareCompany:AsAppliedtoSalesTransactions审计学：一种整合方法_第12版_英文版Cha共42页，您现在浏览的是第15页!ExistenceAmountsincludedexistCompletenessExistingamountsareincludedAccuracyAmountsincludedarestatedatthecorrectamountsGeneralBalance-related

AuditObjectives审计学：一种整合方法_第12版_英文版Cha共42页，您现在浏览的是第16页!RealizablevalueAssetsareincludedatestimatedrealizablevalueRightsandobligationsAssetsmustbeownedGeneralBalance-related

AuditObjectives审计学：一种整合方法_第12版_英文版Cha共42页，您现在浏览的是第17页!ManagementAssertionsand

Transaction-relatedAuditObjectivesManagementAssertionsAboutAccountBalancesGeneralBalance-relatedAuditObjectivesValuationandallocationAccuracyInventoryquantitiesontheclient’sperpetualrecordsagreewithitemsphysicallyonhandPricesusedtovalueinventoriesaremateriallycorrectExtensionsofpricetimesquantityarecorrectanddetailsarecorrectlyaddedHillsburgHardwareCompany:AsAppliedtoInventorySpecificBalance-relatedAuditObjectivesAppliedtoInventory审计学：一种整合方法_第12版_英文版Cha共42页，您现在浏览的是第18页!ManagementAssertionsand

Transaction-relatedAuditObjectivesManagementAssertionsAboutAccountBalancesGeneralBalance-relatedAuditObjectivesValuationandallocationDetailtie-inRealizablevalueTotalofinventoryitemsagreeswithgeneralledgerInventorieshavebeenwrittendownwherenetrealizablevalueisimpairedHillsburgHardwareCompany:AsAppliedtoInventorySpecificBalance-relatedAuditObjectivesAppliedtoInventoryRightsandobligationsRightsandobligationsThepanyhastitletoallinventoryitemslistedInventoriesarenotpledgedascollateral审计学：一种整合方法_第12版_英文版Cha共42页，您现在浏览的是第19页!ManagementAssertionsandPresentationandDisclosure-relatedAuditObjectivesHillsburgHardwareCompany:AsAppliedtoNotesPayableManagementAssertionsAboutPresentationandDisclosureSpecificPresentationandDisclosure-relatedAuditObjectivesAppliedtoNotesPayableOccurrenceandrightsandobligationsOccurrenceandrightsandobligationsNotespayableasdescribedinthefootnotesexistandareobligationsofthepanyCompletenessCompletenessAllrequireddisclosuresrelatedtonotespayableareincludedinthefinancialstatementfootnotesGeneralPresentation-andDisclosure-relatedAuditObjectives审计学：一种整合方法_第12版_英文版Cha共42页，您现在浏览的是第20页!LearningObjective10Explaintherelationshipbetweenauditobjectivesandtheaccumulationofauditevidence.审计学：一种整合方法_第12版_英文版Cha共42页，您现在浏览的是第21页!FourPhasesofaFinancialStatementAuditPhaseIPlananddesignanauditapproachPhaseIIPerformtestsofcontrolsandsubstantivetestsoftransactionsPhaseIIIPerformanalyticalproceduresandtestsofdetailsofbalancesPhaseIVCompletetheauditandissueanauditreport审计学：一种整合方法_第12版_英文版Cha共42页，您现在浏览的是第22页!StepstoDevelopAuditObjectives1. Understandobjectivesand responsibilitiesfortheaudit.2. Dividefinancialstatementsintocycles.3. Knowmanagement assertionsabout accounts.审计学：一种整合方法_第12版_英文版Cha共42页，您现在浏览的是第23页!LearningObjective2Distinguishmanagement’sresponsibilityforthefinancialstatementsandinternalcontrolfromtheauditor’sresponsibilityforverifyingthefinancialstatementsandeffectivenessofinternalcontrol.审计学：一种整合方法_第12版_英文版Cha共42页，您现在浏览的是第24页!Management’sResponsibilitiesTheSarbanes-OxleyActprovidesforcriminalpenaltiesforanyonewhoknowinglyfalselycertifiesthestatements.审计学：一种整合方法_第12版_英文版Cha共42页，您现在浏览的是第25页!Auditor’sResponsibilities

Materialversusimmaterialmisstatements

Reasonableassurance

Errorsversusfraud

Professionalskepticism

Fraudresultingfromfraudulentfinancial reportingversusmisappropriationofassets审计学：一种整合方法_第12版_英文版Cha共42页，您现在浏览的是第26页!Auditor’sResponsibilitiesforDiscoveringIllegalActs

Evidenceaccumulationandotheractions whenthereisreasontobelievedirect-or indirect-effectillegalactsmayexist

Actionswhentheauditorknowsofanillegalact审计学：一种整合方法_第12版_英文版Cha共42页，您现在浏览的是第27页!FinancialStatementsCyclesAuditsareperformedbydividingthefinancialstatementsintosmallersegmentsorponents.审计学：一种整合方法_第12版_英文版Cha共42页，您现在浏览的是第28页!TransactionFlowExampleAllocationandadjustmentsCashdisbursementsPayrollservicesanddisbursementsLedgers,TrialBalance,andFinancialStatementsGeneralledgerandsubsidiaryrecordsGeneralledgertrialbalanceFinancialstatementsTransactionsPayrolljournalCashdisbursementsjournalGeneraljournalJournals审计学：一种整合方法_第12版_英文版Cha共42页，您现在浏览的是第29页!LearningObjective5Describewhytheauditorobtainsabinationofassurancebyauditingclassesoftransactionsandendingbalancesinaccounts,includingpresentationanddisclosure.审计学：一种整合方法_第12版_英文版Cha共42页，您现在浏览的是第30页!LearningObjective6Distinguishamongthethreecategoriesofmanagementassertionsaboutfinancialinformation.审计学：一种整合方法_第12版_英文版Cha共42页，您现在浏览的是第31页!ManagementAssertionsfor

EachCategoryofAssertionsAssertionsAboutClassesofTransactionsandEventsAssertionsAboutAccountBalancesAssertionsAboutPresentationandDisclosureOccurrenceExistenceOccurrenceandrightsandobligationsCompletenessCompletenessCompletenessAccuracyValuationandallocationAccuracyandvaluationClassificationClassificationandunderstandabilityCutoffRightsandobligations审计学：一种整合方法_第12版_英文版Cha共42页，您现在浏览的是第32页!OccurrenceRecordedtransactionsexistCompletenessExistingtransactionsarerecordedAccuracyRecordedtransactionsarestatedatthecorrectamountsGeneralTransactions-relatedAuditObjectives审计学：一种整合方法_第12版_英文版Cha共42页，您现在浏览的是第33页!ManagementAssertionsand

Transaction-relatedAuditObjectivesManagementAssertionsAboutClassesofTransactionsandEventsGeneralTransaction-relatedAuditObjectivesSpecificSalesTransaction-relatedAuditObjectivesOccurrenceOccurrenceRecordedsalesareforshipmentsmadetononfictitiouscustomersCompletenessCompletenessExistingsalestransactionsarerecordedAccuracyAccuracyRecordedsalesarefortheamountofgoodsshippedandarecorrectlybilledandrecordedHillsburgHardwareCompany:AsAppliedtoSalesTransactions审计学：一种整合方法_第12版_英文版Cha共42页，您现在浏览的是第34页!LearningObjective8Linktheeightgeneralbalance-relatedauditobjectivestomanagementassertionsforaccountbalances.审计学：一种整合方法_第12版_英文版Cha共42页，您现在浏览的是第35页!ClassificationAmountsareproperlyclassifiedCutoffTransactionsarerecordedintheproperperiodDetailtie-inAccountbalancesagreewithmasterfileamounts,andwiththegeneralledgerGeneralBalance-related

AuditObjectives审计学：一种整合方法_第12版_英文版Cha共42页，您现在浏览的是第36页!ManagementAssertionsand

Transaction-relatedAuditObjectivesManagementAssertionsAboutAccountBalancesGeneralBalance-relatedAuditObjectivesSpecificBalance-relatedAuditObjectivesAppliedtoInventoryExistenceExistenceAllrecordedinventoryexistsatthebalancesheetdateCompletenessCompletenessAllexistinginventoryhasbeencountedandincludedintheinventorysummaryHillsburgHardwareCompany:AsAppliedtoInventory审计学：一种整合方法_第12版_英文版Cha共42页，您现在浏览的是第37页!ManagementAssertionsand

Transaction-relatedAuditObjectivesManagementAssertionsAboutAccountBalancesGeneralBalance-relatedAuditObjectivesValuationandallocationClassificationCutoffInventoryitemsareproperlyclassifiedastorawmaterials,workinprocess,andfinishedgoodsPurchasecutoffatyearendisproperSalescutoffatyearendisproperHillsburgHardwareCompany:AsAppliedtoInventorySpecificBalance-rel