審計(jì)學(xué)：一種整合方法-第12版-英文版Cha

AuditResponsibilities

andObjectivesChapter6審計(jì)學(xué)：一種整合方法_第12版_英文版Cha共42頁，您現(xiàn)在瀏覽的是第1頁!LearningObjective1Explaintheobjectiveofconductinganauditoffinancialstatementsandanauditofinternalcontrols.審計(jì)學(xué)：一種整合方法_第12版_英文版Cha共42頁，您現(xiàn)在瀏覽的是第2頁!ObjectiveofConductinganAuditofFinancialStatementsTheobjectiveoftheordinaryauditoffinancialstatementsistheexpressionofanopinionofthefairnesswithwhichtheypresentfairly,inallrespects,financialposition,resultofoperations,anditscashflowsinconformitywithGAAP.審計(jì)學(xué)：一種整合方法_第12版_英文版Cha共42頁，您現(xiàn)在瀏覽的是第3頁!StepstoDevelopAuditObjectives4. Knowgeneralauditobjectivesfor classesoftransactionsandaccounts.5. Knowspecificauditobjectivesfor classesoftransactionsandaccounts.審計(jì)學(xué)：一種整合方法_第12版_英文版Cha共42頁，您現(xiàn)在瀏覽的是第4頁!Management’sResponsibilitiesManagementisresponsibleforthefinancialstatementsandforinternalcontrol.TheSarbanes-OxleyActincreasesmanagement’sresponsibilityforthefinancialstatements.ItrequirestheCEOandtheCFOofpublicpaniestocertifythequarterlyandannualfinancialstatementssubmittedtotheSEC.審計(jì)學(xué)：一種整合方法_第12版_英文版Cha共42頁，您現(xiàn)在瀏覽的是第5頁!LearningObjective3Explaintheauditor’sresponsibilityfordiscoveringmaterialmisstatements.審計(jì)學(xué)：一種整合方法_第12版_英文版Cha共42頁，您現(xiàn)在瀏覽的是第6頁!Auditor’sResponsibilitiesforDiscoveringIllegalActs

Direct-effectillegalacts

Indirect-effectillegalacts

Evidenceaccumulationwhenthereisnoreason tobelieveindirect-effectillegalactexists審計(jì)學(xué)：一種整合方法_第12版_英文版Cha共42頁，您現(xiàn)在瀏覽的是第7頁!LearningObjective4Classifytransactionsandaccountbalancesintofinancialstatementcyclesandidentifybenefitsofacycleapproachtosegmentingtheaudit.審計(jì)學(xué)：一種整合方法_第12版_英文版Cha共42頁，您現(xiàn)在瀏覽的是第8頁!TransactionFlowExampleLedgers,TrialBalance,andFinancialStatementsGeneralledgerandsubsidiaryrecordsGeneralledgertrialbalanceFinancialstatementsAcquisitionofgoodsandservicesSalesCashreceiptsTransactionsCashreceiptsjournalSalesjournalAcquisitionsjournalJournals審計(jì)學(xué)：一種整合方法_第12版_英文版Cha共42頁，您現(xiàn)在瀏覽的是第9頁!RelationshipsAmongTransactionCyclesGeneralcashCapitalacquisitionandrepaymentcycleSalesandcollectioncycleAcquisitionandpaymentcyclePayrollandpersonnelcycleInventoryandwarehousingcycle審計(jì)學(xué)：一種整合方法_第12版_英文版Cha共42頁，您現(xiàn)在瀏覽的是第10頁!BalanceandTransactionsAffectingBalancesExampleBeginningbalanceSales$17,521$144,328$137,087Cashreceipts$1,242SalesreturnsandallowancesCharge-offofuncollectibleaccountsEndingbalance$20,197$3,323AccountsReceivable(inthousands)審計(jì)學(xué)：一種整合方法_第12版_英文版Cha共42頁，您現(xiàn)在瀏覽的是第11頁!ManagementAssertionsAssertionsaboutclassesoftransactionsandeventsfortheperiodunderaudit2.Assertionsaboutaccountbalancesaperiodend3.Assertionsaboutpresentationanddisclosure審計(jì)學(xué)：一種整合方法_第12版_英文版Cha共42頁，您現(xiàn)在瀏覽的是第12頁!LearningObjective7Linkthesixgeneraltransaction-relatedauditobjectivestomanagementassertionsforclassesoftransaction.審計(jì)學(xué)：一種整合方法_第12版_英文版Cha共42頁，您現(xiàn)在瀏覽的是第13頁!ClassificationTransactionsareproperlyclassified.TimingTransactionsarerecordedonthecorrectdates.PostingandsummarizationTransactionsareincludedinthemasterfilesandarecorrectlysummarized.GeneralTransactions-relatedAuditObjectives審計(jì)學(xué)：一種整合方法_第12版_英文版Cha共42頁，您現(xiàn)在瀏覽的是第14頁!ManagementAssertionsand

Transaction-relatedAuditObjectivesAccuracyPostingandsummarizationSalestransactionsareproperlyincludedinthemasterfileandarecorrectlysummarizedClassificationClassificationSalestransactionsareproperlyclassifiedCutoffTimingSalestransactionsarerecordedonthecorrectdates.ManagementAssertionsAboutClassesofTransactionsandEventsGeneralTransaction-relatedAuditObjectivesSpecificSalesTransaction-relatedAuditObjectivesHillsburgHardwareCompany:AsAppliedtoSalesTransactions審計(jì)學(xué)：一種整合方法_第12版_英文版Cha共42頁，您現(xiàn)在瀏覽的是第15頁!ExistenceAmountsincludedexistCompletenessExistingamountsareincludedAccuracyAmountsincludedarestatedatthecorrectamountsGeneralBalance-related

AuditObjectives審計(jì)學(xué)：一種整合方法_第12版_英文版Cha共42頁，您現(xiàn)在瀏覽的是第16頁!RealizablevalueAssetsareincludedatestimatedrealizablevalueRightsandobligationsAssetsmustbeownedGeneralBalance-related

AuditObjectives審計(jì)學(xué)：一種整合方法_第12版_英文版Cha共42頁，您現(xiàn)在瀏覽的是第17頁!ManagementAssertionsand

Transaction-relatedAuditObjectivesManagementAssertionsAboutAccountBalancesGeneralBalance-relatedAuditObjectivesValuationandallocationAccuracyInventoryquantitiesontheclient’sperpetualrecordsagreewithitemsphysicallyonhandPricesusedtovalueinventoriesaremateriallycorrectExtensionsofpricetimesquantityarecorrectanddetailsarecorrectlyaddedHillsburgHardwareCompany:AsAppliedtoInventorySpecificBalance-relatedAuditObjectivesAppliedtoInventory審計(jì)學(xué)：一種整合方法_第12版_英文版Cha共42頁，您現(xiàn)在瀏覽的是第18頁!ManagementAssertionsand

Transaction-relatedAuditObjectivesManagementAssertionsAboutAccountBalancesGeneralBalance-relatedAuditObjectivesValuationandallocationDetailtie-inRealizablevalueTotalofinventoryitemsagreeswithgeneralledgerInventorieshavebeenwrittendownwherenetrealizablevalueisimpairedHillsburgHardwareCompany:AsAppliedtoInventorySpecificBalance-relatedAuditObjectivesAppliedtoInventoryRightsandobligationsRightsandobligationsThepanyhastitletoallinventoryitemslistedInventoriesarenotpledgedascollateral審計(jì)學(xué)：一種整合方法_第12版_英文版Cha共42頁，您現(xiàn)在瀏覽的是第19頁!ManagementAssertionsandPresentationandDisclosure-relatedAuditObjectivesHillsburgHardwareCompany:AsAppliedtoNotesPayableManagementAssertionsAboutPresentationandDisclosureSpecificPresentationandDisclosure-relatedAuditObjectivesAppliedtoNotesPayableOccurrenceandrightsandobligationsOccurrenceandrightsandobligationsNotespayableasdescribedinthefootnotesexistandareobligationsofthepanyCompletenessCompletenessAllrequireddisclosuresrelatedtonotespayableareincludedinthefinancialstatementfootnotesGeneralPresentation-andDisclosure-relatedAuditObjectives審計(jì)學(xué)：一種整合方法_第12版_英文版Cha共42頁，您現(xiàn)在瀏覽的是第20頁!LearningObjective10Explaintherelationshipbetweenauditobjectivesandtheaccumulationofauditevidence.審計(jì)學(xué)：一種整合方法_第12版_英文版Cha共42頁，您現(xiàn)在瀏覽的是第21頁!FourPhasesofaFinancialStatementAuditPhaseIPlananddesignanauditapproachPhaseIIPerformtestsofcontrolsandsubstantivetestsoftransactionsPhaseIIIPerformanalyticalproceduresandtestsofdetailsofbalancesPhaseIVCompletetheauditandissueanauditreport審計(jì)學(xué)：一種整合方法_第12版_英文版Cha共42頁，您現(xiàn)在瀏覽的是第22頁!StepstoDevelopAuditObjectives1. Understandobjectivesand responsibilitiesfortheaudit.2. Dividefinancialstatementsintocycles.3. Knowmanagement assertionsabout accounts.審計(jì)學(xué)：一種整合方法_第12版_英文版Cha共42頁，您現(xiàn)在瀏覽的是第23頁!LearningObjective2Distinguishmanagement’sresponsibilityforthefinancialstatementsandinternalcontrolfromtheauditor’sresponsibilityforverifyingthefinancialstatementsandeffectivenessofinternalcontrol.審計(jì)學(xué)：一種整合方法_第12版_英文版Cha共42頁，您現(xiàn)在瀏覽的是第24頁!Management’sResponsibilitiesTheSarbanes-OxleyActprovidesforcriminalpenaltiesforanyonewhoknowinglyfalselycertifiesthestatements.審計(jì)學(xué)：一種整合方法_第12版_英文版Cha共42頁，您現(xiàn)在瀏覽的是第25頁!Auditor’sResponsibilities

Materialversusimmaterialmisstatements

Reasonableassurance

Errorsversusfraud

Professionalskepticism

Fraudresultingfromfraudulentfinancial reportingversusmisappropriationofassets審計(jì)學(xué)：一種整合方法_第12版_英文版Cha共42頁，您現(xiàn)在瀏覽的是第26頁!Auditor’sResponsibilitiesforDiscoveringIllegalActs

Evidenceaccumulationandotheractions whenthereisreasontobelievedirect-or indirect-effectillegalactsmayexist

Actionswhentheauditorknowsofanillegalact審計(jì)學(xué)：一種整合方法_第12版_英文版Cha共42頁，您現(xiàn)在瀏覽的是第27頁!FinancialStatementsCyclesAuditsareperformedbydividingthefinancialstatementsintosmallersegmentsorponents.審計(jì)學(xué)：一種整合方法_第12版_英文版Cha共42頁，您現(xiàn)在瀏覽的是第28頁!TransactionFlowExampleAllocationandadjustmentsCashdisbursementsPayrollservicesanddisbursementsLedgers,TrialBalance,andFinancialStatementsGeneralledgerandsubsidiaryrecordsGeneralledgertrialbalanceFinancialstatementsTransactionsPayrolljournalCashdisbursementsjournalGeneraljournalJournals審計(jì)學(xué)：一種整合方法_第12版_英文版Cha共42頁，您現(xiàn)在瀏覽的是第29頁!LearningObjective5Describewhytheauditorobtainsabinationofassurancebyauditingclassesoftransactionsandendingbalancesinaccounts,includingpresentationanddisclosure.審計(jì)學(xué)：一種整合方法_第12版_英文版Cha共42頁，您現(xiàn)在瀏覽的是第30頁!LearningObjective6Distinguishamongthethreecategoriesofmanagementassertionsaboutfinancialinformation.審計(jì)學(xué)：一種整合方法_第12版_英文版Cha共42頁，您現(xiàn)在瀏覽的是第31頁!ManagementAssertionsfor

EachCategoryofAssertionsAssertionsAboutClassesofTransactionsandEventsAssertionsAboutAccountBalancesAssertionsAboutPresentationandDisclosureOccurrenceExistenceOccurrenceandrightsandobligationsCompletenessCompletenessCompletenessAccuracyValuationandallocationAccuracyandvaluationClassificationClassificationandunderstandabilityCutoffRightsandobligations審計(jì)學(xué)：一種整合方法_第12版_英文版Cha共42頁，您現(xiàn)在瀏覽的是第32頁!OccurrenceRecordedtransactionsexistCompletenessExistingtransactionsarerecordedAccuracyRecordedtransactionsarestatedatthecorrectamountsGeneralTransactions-relatedAuditObjectives審計(jì)學(xué)：一種整合方法_第12版_英文版Cha共42頁，您現(xiàn)在瀏覽的是第33頁!ManagementAssertionsand

Transaction-relatedAuditObjectivesManagementAssertionsAboutClassesofTransactionsandEventsGeneralTransaction-relatedAuditObjectivesSpecificSalesTransaction-relatedAuditObjectivesOccurrenceOccurrenceRecordedsalesareforshipmentsmadetononfictitiouscustomersCompletenessCompletenessExistingsalestransactionsarerecordedAccuracyAccuracyRecordedsalesarefortheamountofgoodsshippedandarecorrectlybilledandrecordedHillsburgHardwareCompany:AsAppliedtoSalesTransactions審計(jì)學(xué)：一種整合方法_第12版_英文版Cha共42頁，您現(xiàn)在瀏覽的是第34頁!LearningObjective8Linktheeightgeneralbalance-relatedauditobjectivestomanagementassertionsforaccountbalances.審計(jì)學(xué)：一種整合方法_第12版_英文版Cha共42頁，您現(xiàn)在瀏覽的是第35頁!ClassificationAmountsareproperlyclassifiedCutoffTransactionsarerecordedintheproperperiodDetailtie-inAccountbalancesagreewithmasterfileamounts,andwiththegeneralledgerGeneralBalance-related

AuditObjectives審計(jì)學(xué)：一種整合方法_第12版_英文版Cha共42頁，您現(xiàn)在瀏覽的是第36頁!ManagementAssertionsand

Transaction-relatedAuditObjectivesManagementAssertionsAboutAccountBalancesGeneralBalance-relatedAuditObjectivesSpecificBalance-relatedAuditObjectivesAppliedtoInventoryExistenceExistenceAllrecordedinventoryexistsatthebalancesheetdateCompletenessCompletenessAllexistinginventoryhasbeencountedandincludedintheinventorysummaryHillsburgHardwareCompany:AsAppliedtoInventory審計(jì)學(xué)：一種整合方法_第12版_英文版Cha共42頁，您現(xiàn)在瀏覽的是第37頁!ManagementAssertionsand

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