审计学一种整合的方法

审计学-一种整合的方法2024/4/3审计学一种整合的方法审计学-一种整合的方法2024/4/2审计学一种整合的方法1LearningObjective1Explaintheobjectiveofconductinganauditoffinancialstatementsandanauditofinternalcontrols.审计学一种整合的方法LearningObjective1Explainth2ObjectiveofConductinganAuditofFinancialStatementsTheobjectiveoftheordinaryauditoffinancialstatementsistheexpressionofanopinionofthefairnesswithwhichtheypresentfairly,inallrespects,financialposition,resultofoperations,anditscashflowsinconformitywithGAAP.审计学一种整合的方法ObjectiveofConductinganAud3StepstoDevelopAuditObjectives1. Understandobjectivesand responsibilitiesfortheaudit.2. Dividefinancialstatementsintocycles.3. Knowmanagement assertionsabout accounts.审计学一种整合的方法StepstoDevelopAuditObjecti4StepstoDevelopAuditObjectives4. Knowgeneralauditobjectivesfor classesoftransactionsandaccounts.5. Knowspecificauditobjectivesfor classesoftransactionsandaccounts.审计学一种整合的方法StepstoDevelopAuditObjecti5LearningObjective2Distinguishmanagement’sresponsibilityforthefinancialstatementsandinternalcontrolfromtheauditor’sresponsibilityforverifyingthefinancialstatementsandeffectivenessofinternalcontrol.审计学一种整合的方法LearningObjective2Distinguis6Management’sResponsibilitiesManagementisresponsibleforthefinancialstatementsandforinternalcontrol.TheSarbanes-OxleyActincreasesmanagement’sresponsibilityforthefinancialstatements.ItrequirestheCEOandtheCFOofpubliccompaniestocertifythequarterlyandannualfinancialstatementssubmittedtotheSEC.审计学一种整合的方法Management’sResponsibilities7Management’sResponsibilitiesTheSarbanes-OxleyActprovidesforcriminalpenaltiesforanyonewhoknowinglyfalselycertifiesthestatements.审计学一种整合的方法Management’sResponsibilities8LearningObjective3Explaintheauditor’sresponsibilityfordiscoveringmaterialmisstatements.审计学一种整合的方法LearningObjective3Explainth9Auditor’sResponsibilities

Materialversusimmaterialmisstatements

Reasonableassurance

Errorsversusfraud

Professionalskepticism

Fraudresultingfromfraudulentfinancial reportingversusmisappropriationofassets审计学一种整合的方法Auditor’sResponsibilities Mat10Auditor’sResponsibilitiesforDiscoveringIllegalActs

Direct-effectillegalacts

Indirect-effectillegalacts

Evidenceaccumulationwhenthereisnoreason tobelieveindirect-effectillegalactexists审计学一种整合的方法Auditor’sResponsibilitiesfor11Auditor’sResponsibilitiesforDiscoveringIllegalActs

Evidenceaccumulationandotheractions whenthereisreasontobelievedirect-or indirect-effectillegalactsmayexist

Actionswhentheauditorknowsofanillegalact审计学一种整合的方法Auditor’sResponsibilitiesfor12LearningObjective4Classifytransactionsandaccountbalancesintofinancialstatementcyclesandidentifybenefitsofacycleapproachtosegmentingtheaudit.审计学一种整合的方法LearningObjective4Classifyt13FinancialStatementsCyclesAuditsareperformedbydividingthefinancialstatementsintosmallersegmentsorcomponents.审计学一种整合的方法FinancialStatementsCyclesAud14TransactionFlowExampleLedgers,TrialBalance,andFinancialStatementsGeneralledgerandsubsidiaryrecordsGeneralledgertrialbalanceFinancialstatementsAcquisitionofgoodsandservicesSalesCashreceiptsTransactionsCashreceiptsjournalSalesjournalAcquisitionsjournalJournals审计学一种整合的方法TransactionFlowExampleLedger15TransactionFlowExampleAllocationandadjustmentsCashdisbursementsPayrollservicesanddisbursementsLedgers,TrialBalance,andFinancialStatementsGeneralledgerandsubsidiaryrecordsGeneralledgertrialbalanceFinancialstatementsTransactionsPayrolljournalCashdisbursementsjournalGeneraljournalJournals审计学一种整合的方法TransactionFlowExampleAlloca16RelationshipsAmongTransactionCyclesGeneralcashCapitalacquisitionandrepaymentcycleSalesandcollectioncycleAcquisitionandpaymentcyclePayrollandpersonnelcycleInventoryandwarehousingcycle审计学一种整合的方法RelationshipsAmongTransactio17LearningObjective5Describewhytheauditorobtainsacombinationofassurancebyauditingclassesoftransactionsandendingbalancesinaccounts,includingpresentationanddisclosure.审计学一种整合的方法LearningObjective5Describew18BalanceandTransactionsAffectingBalancesExampleBeginningbalanceSales$17,521$144,328$137,087Cashreceipts$1,242SalesreturnsandallowancesCharge-offofuncollectibleaccountsEndingbalance$20,197$3,323AccountsReceivable(inthousands)审计学一种整合的方法BalanceandTransactionsAffec19LearningObjective6Distinguishamongthethreecategoriesofmanagementassertionsaboutfinancialinformation.审计学一种整合的方法LearningObjective6Distinguis20ManagementAssertionsAssertionsaboutclassesoftransactionsandeventsfortheperiodunderaudit2.Assertionsaboutaccountbalancesaperiodend3.Assertionsaboutpresentationanddisclosure审计学一种整合的方法ManagementAssertionsAssertion21ManagementAssertionsfor

EachCategoryofAssertionsAssertionsAboutClassesofTransactionsandEventsAssertionsAboutAccountBalancesAssertionsAboutPresentationandDisclosureOccurrenceExistenceOccurrenceandrightsandobligationsCompletenessCompletenessCompletenessAccuracyValuationandallocationAccuracyandvaluationClassificationClassificationandunderstandabilityCutoffRightsandobligations审计学一种整合的方法ManagementAssertionsfor

Each22LearningObjective7Linkthesixgeneraltransaction-relatedauditobjectivestomanagementassertionsforclassesoftransaction.审计学一种整合的方法LearningObjective7Linkthes23OccurrenceRecordedtransactionsexistCompletenessExistingtransactionsarerecordedAccuracyRecordedtransactionsarestatedatthecorrectamountsGeneralTransactions-relatedAuditObjectives审计学一种整合的方法OccurrenceRecordedtransaction24ClassificationTransactionsareproperlyclassified.TimingTransactionsarerecordedonthecorrectdates.PostingandsummarizationTransactionsareincludedinthemasterfilesandarecorrectlysummarized.GeneralTransactions-relatedAuditObjectives审计学一种整合的方法ClassificationTransactionsare25ManagementAssertionsand

Transaction-relatedAuditObjectivesManagementAssertionsAboutClassesofTransactionsandEventsGeneralTransaction-relatedAuditObjectivesSpecificSalesTransaction-relatedAuditObjectivesOccurrenceOccurrenceRecordedsalesareforshipmentsmadetononfictitiouscustomersCompletenessCompletenessExistingsalestransactionsarerecordedAccuracyAccuracyRecordedsalesarefortheamountofgoodsshippedandarecorrectlybilledandrecordedHillsburgHardwareCompany:AsAppliedtoSalesTransactions审计学一种整合的方法ManagementAssertionsand

Tran26ManagementAssertionsand

Transaction-relatedAuditObjectivesAccuracyPostingandsummarizationSalestransactionsareproperlyincludedinthemasterfileandarecorrectlysummarizedClassificationClassificationSalestransactionsareproperlyclassifiedCutoffTimingSalestransactionsarerecordedonthecorrectdates.ManagementAssertionsAboutClassesofTransactionsandEventsGeneralTransaction-relatedAuditObjectivesSpecificSalesTransaction-relatedAuditObjectivesHillsburgHardwareCompany:AsAppliedtoSalesTransactions审计学一种整合的方法ManagementAssertionsand

Tran27LearningObjective8Linktheeightgeneralbalance-relatedauditobjectivestomanagementassertionsforaccountbalances.审计学一种整合的方法LearningObjective8Linkthee28ExistenceAmountsincludedexistCompletenessExistingamountsareincludedAccuracyAmountsincludedarestatedatthecorrectamountsGeneralBalance-related

AuditObjectives审计学一种整合的方法ExistenceAmountsincludedexis29ClassificationAmountsareproperlyclassifiedCutoffTransactionsarerecordedintheproperperiodDetailtie-inAccountbalancesagreewithmasterfileamounts,andwiththegeneralledgerGeneralBalance-related

AuditObjectives审计学一种整合的方法ClassificationAmountsareprop30RealizablevalueAssetsareincludedatestimatedrealizablevalueRightsandobligationsAssetsmustbeownedGeneralBalance-related

AuditObjectives审计学一种整合的方法RealizableAssetsareincluded31ManagementAssertionsand

Transaction-relatedAuditObjectivesManagementAssertionsAboutAccountBalancesGeneralBalance-relatedAuditObjectivesSpecificBalance-relatedAuditObjectivesAppliedtoInventoryExistenceExistenceAllrecordedinventoryexistsatthebalancesheetdateCompletenessCompletenessAllexistinginventoryhasbeencountedandincludedintheinventorysummaryHillsburgHardwareCompany:AsAppliedtoInventory审计学一种整合的方法ManagementAssertionsand

Tran32ManagementAssertionsand

Transaction-relatedAuditObjectivesManagementAssertionsAboutAccountBalancesGeneralBalance-relatedAuditObjectivesValuationandallocationAccuracyInventoryquantitiesontheclient’sperpetualrecordsagreewithitemsphysicallyonhandPricesusedtovalueinventoriesaremateriallycorrectExtensionsofpricetimesquantityarecorrectanddetailsarecorrectlyaddedHillsburgHardwareCompany:AsAppliedtoInventorySpecificBalance-relatedAuditObjectivesAppliedtoInventory审计学一种整合的方法ManagementAssertionsand

Tran33ManagementAssertionsand

Transaction-relatedAuditObjectivesManagementAssertionsAboutAccountBalancesGeneralBalance-relatedAuditObjectivesValuationandallocationClassificationCutoffInventoryitemsareproperlyclassifiedastorawmaterials,workinprocess,andfinishedgoodsPurchasecutoffatyearendisproperSalescutoffatyearendisproperHillsburgHardwareCompany:AsAppliedtoInventorySpecificBalance-relatedAuditObjectivesAppliedtoInventory审计学一种整合的方法ManagementAssertionsand

Tran34ManagementAssertionsand

Transaction-relatedAuditObjectivesManagementAssertionsAboutAccountBalancesGeneralBalance-relatedAuditObjectivesValuationandallocationDetailtie-inRealizablevalueTotalofinventoryitemsagreeswithgeneralledgerInventorieshavebeenwrittendownwherenetrealizablevalueisimpairedHillsburgHardwareCompany:AsAppliedtoInventorySpecificBalance-relatedAuditObjectivesAppliedtoInventoryRightsandobligationsRightsandobligationsThecompanyhastitletoallinventoryitemslistedInventoriesarenotpledgedascollateral审计学一种整合的方法ManagementAssertionsand

Tran35LearningObjective9Linkthefourpresentationanddisclosure-relatedauditobjectivestomanagementassertionsforpresentationanddisclosure.审计学一种整合的方法LearningObjective9Linkthef36ManagementAssertionsandPresentationandDisclosure-relatedAuditObjectivesHillsburgHardwareCompany:AsAppliedtoNotesPayableManagementAssertionsAboutPresentationandDisclosureSpecificPresentationandDisclosure-relatedAuditObjectivesAppliedtoNotesPayableOccurrenceandrightsandobligationsOccurrenceandrightsandobligationsNotespayableasdescribedinthefootnotesexistandareobligationsofthecompanyCompletenessCompletenessAllrequireddisclosuresrelatedtonotespayableareincludedinthefinancialstatementfootnotesGeneralPresentation-andDisclosure-relatedAuditObjectives审计学一种整合的方法ManagementAssertionsandPres37ManagementAssertionsandPresentationandDisclosure-relatedAuditObjectivesHillsburgHardwareCompany:AsAppliedtoNotesPayableManagementAssertionsAboutPresentationandDisclosureSpecificPresentationandDisclosure-relatedA