Chap001.ppt
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This document provides an introduction and overview of auditing. It defines key terms like auditing, attestation, and assurance services. Auditing involves obtaining and evaluating evidence to determine if financial statement assertions match established criteria. Attestation involves issuing reports on subject matter prepared by other parties. Assurance services improve information quality for decision makers. The audit process involves accepting clients, planning, considering controls, testing processes, completing tests, and issuing opinions. Auditors use sampling to examine transactions due to limited resources. Logic, reasoning, and innovation are important skills for auditors.
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SEUAUDIT401
This document provides a review of key concepts from an auditing textbook. It includes summaries of several chapters and sections related to auditing principles, standards, and procedures. The high-level information presented includes:
- The roles and responsibilities of auditors, management, and other parties in the auditing process.
- Assertions auditors make about transactions, accounts, and disclosures in financial statements.
- The concepts of materiality, audit risk, evidence, sampling, and issuing audit reports.
- Auditing standards set by organizations like the PCAOB and IAASB.
- Ethics requirements for auditors and the importance of independence.
- An overview of audit planning and types
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This document provides an overview of audit planning topics including:
- The importance of audit planning to obtain sufficient evidence and keep costs reasonable.
- Key planning activities like understanding the client's business, assessing risks, and developing responses.
- How inherent, control, and detection risks contribute to overall audit risk.
- The use of analytical procedures during planning, fieldwork, and completion to identify unusual fluctuations.
- The three phases of audit work: planning, interim, and final, and how they relate to risk assessment and evidence gathering.
Solution manual for Auditing & Assurance Services A Systematic Approach 12th ...
Solution manual for Auditing & Assurance Services A Systematic Approach 12th Edition by William Messier Jr.docx
Full download contact u84757@protonmail.com or
https://qidiantiku.com/solution-manual-for-auditing-assurance-services-a-systematic-approach-12th-edition-by-william-messier-jr.shtml
Chap001.ppt
This document provides an overview of auditing and assurance services. It defines auditing as a systematic process of objectively obtaining and evaluating evidence to ascertain the degree of correspondence between assertions and established criteria. The key relationships are discussed between assurance services, attestation engagements, and auditing, with auditing focused specifically on financial statements. The roles and responsibilities outlined in the Sarbanes-Oxley Act are summarized, including management's responsibility for financial reporting and the prohibitions on certain client services. The types of audits, auditors, and organization of the accounting profession are also briefly described.
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- The roles and responsibilities of auditors, management, and other parties in the auditing process.
- Assertions auditors make about transactions, accounts, and disclosures in financial statements.
- The concepts of materiality, audit risk, evidence, sampling, and issuing audit reports.
- Auditing standards set by organizations like the PCAOB and IAASB.
- Ethics requirements for auditors and the importance of independence.
- An overview of audit planning and types
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- The importance of audit planning to obtain sufficient evidence and keep costs reasonable.
- Key planning activities like understanding the client's business, assessing risks, and developing responses.
- How inherent, control, and detection risks contribute to overall audit risk.
- The use of analytical procedures during planning, fieldwork, and completion to identify unusual fluctuations.
- The three phases of audit work: planning, interim, and final, and how they relate to risk assessment and evidence gathering.
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Chap001.ppt
This document provides an overview of auditing and assurance services. It defines auditing as a systematic process of objectively obtaining and evaluating evidence to ascertain the degree of correspondence between assertions and established criteria. The key relationships are discussed between assurance services, attestation engagements, and auditing, with auditing focused specifically on financial statements. The roles and responsibilities outlined in the Sarbanes-Oxley Act are summarized, including management's responsibility for financial reporting and the prohibitions on certain client services. The types of audits, auditors, and organization of the accounting profession are also briefly described.
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1. The origins and evolving definitions of auditing from verifying accounts to determining fairness in financial statements.
2. The increased demand for auditing due to factors like separation of ownership and control, regulatory requirements, and complexity of financial information.
3. The key differences between accounting, which prepares financial information, and auditing, which evaluates the reliability of that information and the processes that generated it.
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Describe the steps involved in client acceptance and continuance.
State the purpose and content of an engagement letter.
Explain the steps in planning an audit.
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Week 5 Learning Team Assignment Grading Guide
ACC/492 Version 8
2
Learning Team Assignment: Week 5 Learning Team Assignment
Purpose of Assignment
Prior to completing the audit, the auditor needs to identify any activity that might affect their reporting. Identification of contingent liabilities and subsequent events are key links between completing fieldwork and issuing the auditors’ report.
A contingent liability is a potential liability (e.g. damages to be paid for a pending lawsuit or a product warranty). For example, if the outcome of a lawsuit and/or amount to be paid in a lawsuit is unknown or unknowable, the company cannot or should not record the amount owed in a particular period in its financial statements. The company may be found not liable for the lawsuit. However, because there is the potential for damages payments, this information needs to be disclosed so the reader of the financial statements can factor that information into their analysis of the company. Likewise, use of warranties is often an unknown.
Consequently, how the company plans to account for these should be disclosed.
According to the AICPA, “An independent auditor's report ordinarily is issued in connection with historical financial statements that purport to present financial position at a stated date and results of operations and cash flows for a period ended on that date. However, events or transactions sometimes occur subsequent to the balance-sheet date, but prior to the issuance of the financial statements. This can have a material effect on the financial statements and therefore require adjustment or disclosure in the statements. These occurrences hereinafter are referred to as "subsequent events." (AU 560).
The purpose of this assignment is to give the student some experience in addressing two key steps an auditor goes through as they complete fieldwork and begin preparing for the reporting phase of the audit.
Grading Guide
Content
Met
Partially Met
Not Met
Comments:
Explains the importance of reviewing for contingent liabilities and subsequent events.
Describes the requirements for reviewing for contingent liabilities and subsequent events.
Presentation consists of 10 to 12-slides and is appropriate for the audience.
The presentation includes relevant media and visual aids that are consistent with the content.
Total Available
Total Earned
X
#/X
Presentation Guidelines
Met
Partially Met
Not Met
Comments:
The presentation is laid out with effective use of headings, font styles, font sizes, and white space.
Intellectual property is recognized with in-text citations and a reference slide.
The presentation includes an introduction and conclusion that preview and review major points.
Major points are stated clearly; are supported by specific details, examples, or analysis; and are organized logically.
Rules of grammar and usage are followed including spelling and punctuation.
Total Available
To.
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1. The Assessing Materiality and Risk simulation identifies important components of the auditing process such as assessing risks, sampling accounts, and considering interrelated risks.
2. There are three interrelated risks in an audit: inherent risk, control risk, and detection risk. A high inherent risk can lead to higher control and detection risks.
3. Auditors use sampling because reviewing all items is not always possible or economically justified. Sampling allows auditors to review a portion of items and make conclusions about the overall population.
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The document discusses the process of issuing an audit report by a Chartered Accountant (CA) firm. It begins with introductions and objectives. It then describes the audit process, which includes planning, collecting evidence, controlling/recording, review, and issuing an opinion. Key steps involve assessing risk, obtaining documentation, and ensuring auditor independence. The CA firm evaluates clients carefully before accepting engagements. The conclusion emphasizes that a quality audit promotes integrity and reliability in financial reporting.
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This document provides an overview of auditing and assurance services. It defines auditing and distinguishes it from accounting. It describes different types of audits, the need for auditing, and the framework of auditing. It discusses the benefits of financial statement audits, limitations of external audits, and the development of auditing over time. It also covers topics like the principal-agent relationship in auditing, major corporate accounting crises, roles of auditors and users, requirements for becoming an approved company auditor in Malaysia, and the Sarbanes-Oxley Act passed after the Enron scandal.
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An auditing is a systematic process of evaluating evidence to determine if financial statements and internal controls are fairly presented. The main parties that benefit from audits are society through more efficient capital markets, owners and boards through more reliable financial information, and management through credibility. Auditors are responsible for issuing opinions on whether financial statements and internal controls are fairly stated while management is responsible for preparing them.
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Solution Manual For Auditing and Assurance Services 9th Edition by Timothy Louwers, Penelope Bagley Verified Chapter's 1 - 12 Complete.docx
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This document defines auditing and outlines the key concepts and principles of auditing. It begins by defining auditing as the accumulation and evaluation of evidence about information to determine the degree of correspondence between the information and established criteria. The document then discusses the objectives of auditing, which include detecting errors and fraud, and determining if financial statements present a true and fair view. It also covers the basic principles that govern audits, such as integrity, objectivity, competence, audit planning, documentation, accounting systems, audit evidence, and reporting. Overall, the document provides a comprehensive overview of the fundamental concepts in the practice of auditing.
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This document discusses auditing fundamentals for second level auditing. It defines auditing as assessing an organization's compliance with financial, operational, and strategic goals as well as regulatory requirements. The document outlines the main types of auditing as internal, external, financial, and strategic/operational/IT auditing. It also discusses the principles of auditing including integrity, independence, documentation, and audit conclusions. Benefits of auditing include assurance for owners and detecting errors and fraud, while disadvantages include costs and time required.
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Auditing is defined as the process of assessing an organization's compliance with financial, operational, and strategic goals and regulatory requirements. There are several types of auditing, including internal auditing conducted by an organization's employees, and external auditing by independent third parties. Financial, strategic, operational, and IT audits also take place. The principles of auditing include integrity, independence, objectivity, confidentiality, skill and competence, documentation, planning, evidence collection, and reporting conclusions. Auditing provides benefits such as assurance to owners and identifying errors and fraud. However, it also has disadvantages like cost and taking up time.
Post-Audit-Activities.pdf
The document discusses the post-audit process. It begins with an optional exit interview where the audit team meets with the audited entity to discuss any questions or concerns on the audit results before issuing the final report. After receiving responses from the audited entity, a draft report is distributed to higher levels of management for review and comment. The final report is then issued. It also discusses how audit findings are presented, including the different types of findings, perspectives of various parties, and the process for developing findings.
Client Evaluation and Planning the Audit Lecture slide chapter 8
Client Evaluation and Planning the Audit Lecture slide chapter 8
Describe the steps involved in client acceptance and continuance.
State the purpose and content of an engagement letter.
Explain the steps in planning an audit.
Identify the risks of misstatement through understanding the entity and its environment.
Explain the role of analytical procedures in audit planning.
Describe the requirements to consider the risk of fraud in the audit planning process.
Explain the purpose and function of audit working papers.
Week 5 Learning Team Assignment Grading GuideACC492 Version.docx
Week 5 Learning Team Assignment Grading Guide
ACC/492 Version 8
2
Learning Team Assignment: Week 5 Learning Team Assignment
Purpose of Assignment
Prior to completing the audit, the auditor needs to identify any activity that might affect their reporting. Identification of contingent liabilities and subsequent events are key links between completing fieldwork and issuing the auditors’ report.
A contingent liability is a potential liability (e.g. damages to be paid for a pending lawsuit or a product warranty). For example, if the outcome of a lawsuit and/or amount to be paid in a lawsuit is unknown or unknowable, the company cannot or should not record the amount owed in a particular period in its financial statements. The company may be found not liable for the lawsuit. However, because there is the potential for damages payments, this information needs to be disclosed so the reader of the financial statements can factor that information into their analysis of the company. Likewise, use of warranties is often an unknown.
Consequently, how the company plans to account for these should be disclosed.
According to the AICPA, “An independent auditor's report ordinarily is issued in connection with historical financial statements that purport to present financial position at a stated date and results of operations and cash flows for a period ended on that date. However, events or transactions sometimes occur subsequent to the balance-sheet date, but prior to the issuance of the financial statements. This can have a material effect on the financial statements and therefore require adjustment or disclosure in the statements. These occurrences hereinafter are referred to as "subsequent events." (AU 560).
The purpose of this assignment is to give the student some experience in addressing two key steps an auditor goes through as they complete fieldwork and begin preparing for the reporting phase of the audit.
Grading Guide
Content
Met
Partially Met
Not Met
Comments:
Explains the importance of reviewing for contingent liabilities and subsequent events.
Describes the requirements for reviewing for contingent liabilities and subsequent events.
Presentation consists of 10 to 12-slides and is appropriate for the audience.
The presentation includes relevant media and visual aids that are consistent with the content.
Total Available
Total Earned
X
#/X
Presentation Guidelines
Met
Partially Met
Not Met
Comments:
The presentation is laid out with effective use of headings, font styles, font sizes, and white space.
Intellectual property is recognized with in-text citations and a reference slide.
The presentation includes an introduction and conclusion that preview and review major points.
Major points are stated clearly; are supported by specific details, examples, or analysis; and are organized logically.
Rules of grammar and usage are followed including spelling and punctuation.
Total Available
To.
Similar to Chap001.ppt (20)
Solution Manual For Auditing and Assurance Services 9th Edition by Timothy Lo...
Solution Manual For Auditing and Assurance Services 9th Edition by Timothy Lo...
Solution Manual For Auditing and Assurance Services 9th Edition by Timothy Lo...
Solution Manual For Auditing and Assurance Services 9th Edition by Timothy Lo...
Client Evaluation and Planning the Audit Lecture slide chapter 8
Client Evaluation and Planning the Audit Lecture slide chapter 8
Week 5 Learning Team Assignment Grading GuideACC492 Version.docx
Week 5 Learning Team Assignment Grading GuideACC492 Version.docx
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Confirmation of Payee (CoP) is a vital security measure adopted by financial institutions and payment service providers. Its core purpose is to confirm that the recipient’s name matches the information provided by the sender during a banking transaction, ensuring that funds are transferred to the correct payment account.
Confirmation of Payee was built to tackle the increasing numbers of APP Fraud and in the landscape of UK banking, the spectre of APP fraud looms large. In 2022, over £1.2 billion was stolen by fraudsters through authorised and unauthorised fraud, equivalent to more than £2,300 every minute. This statistic emphasises the urgent need for robust security measures like CoP. While over £1.2 billion was stolen through fraud in 2022, there was an eight per cent reduction compared to 2021 which highlights the positive outcomes obtained from the implementation of Confirmation of Payee. The number of fraud cases across the UK also decreased by four per cent to nearly three million cases during the same period; latest statistics from UK Finance.
In essence, Confirmation of Payee plays a pivotal role in digital banking, guaranteeing the flawless execution of banking transactions. It stands as a guardian against fraud and misallocation, demonstrating the commitment of financial institutions to safeguard their clients’ assets. The next time you engage in a banking transaction, remember the invaluable role of CoP in ensuring the security of your financial interests.
For more details, you can visit https://technoxander.com.
OAT_RI_Ep20 WeighingTheRisks_May24_Trade Wars.pptx
How will new technology fields affect economic trade?
Dr. Alyce Su Cover Story - China's Investment Leader
In World Expo 2010 Shanghai – the most visited Expo in the World History
https://www.britannica.com/event/Expo-Shanghai-2010
China’s official organizer of the Expo, CCPIT (China Council for the Promotion of International Trade https://en.ccpit.org/) has chosen Dr. Alyce Su as the Cover Person with Cover Story, in the Expo’s official magazine distributed throughout the Expo, showcasing China’s New Generation of Leaders to the World.
Discover the Future of Dogecoin with Our Comprehensive Guidance
Learn in-depth about Dogecoin's trajectory and stay informed with 36crypto's essential and up-to-date information about the crypto space.
Our presentation delves into Dogecoin's potential future, exploring whether it's destined to skyrocket to the moon or face a downward spiral. In addition, it highlights invaluable insights. Don't miss out on this opportunity to enhance your crypto understanding!
https://36crypto.com/the-future-of-dogecoin-how-high-can-this-cryptocurrency-reach/
一比一原版(RMIT毕业证)皇家墨尔本理工大学毕业证如何办理
RMIT硕士学位证成绩单【微信95270640】《皇家墨尔本理工大学毕业证书》《QQ微信95270640》学位证书电子版：在线制作皇家墨尔本理工大学毕业证成绩单GPA修改（制作RMIT毕业证成绩单RMIT文凭证书样本）、皇家墨尔本理工大学毕业证书与成绩单样本图片、《RMIT学历证书学位证书》、皇家墨尔本理工大学毕业证案例毕业证书制作軟體、在线制作加拿大硕士学历证书真实可查.
【本科硕士】皇家墨尔本理工大学皇家墨尔本理工大学本科学位证成绩单（GPA修改）；学历认证（教育部认证）；大学Offer录取通知书留信认证使馆认证；雅思语言证书等高仿类证书。
办理流程：
1客户提供办理皇家墨尔本理工大学皇家墨尔本理工大学本科学位证成绩单信息：姓名生日专业学位毕业时间等（如信息不确定可以咨询顾问：我们有专业老师帮你查询）；
2开始安排制作毕业证成绩单电子图；
3毕业证成绩单电子版做好以后发送给您确认；
4毕业证成绩单电子版您确认信息无误之后安排制作成品；
5成品做好拍照或者视频给您确认；
6快递给客户（国内顺丰国外DHLUPS等快读邮寄）
真实网上可查的证明材料
1教育部学历学位认证留服官网真实存档可查永久存档。
2留学回国人员证明（使馆认证）使馆网站真实存档可查。
我们对海外大学及学院的毕业证成绩单所使用的材料尺寸大小防伪结构（包括：皇家墨尔本理工大学皇家墨尔本理工大学本科学位证成绩单隐形水印阴影底纹钢印LOGO烫金烫银LOGO烫金烫银复合重叠。文字图案浮雕激光镭射紫外荧光温感复印防伪）都有原版本文凭对照。质量得到了广大海外客户群体的认可同时和海外学校留学中介做到与时俱进及时掌握各大院校的（毕业证成绩单资格证结业证录取通知书在读证明等相关材料）的版本更新信息能够在第一时间掌握最新的海外学历文凭的样版尺寸大小纸张材质防伪技术等等并在第一时间收集到原版实物以求达到客户的需求。
本公司还可以按照客户原版印刷制作且能够达到客户理想的要求。有需要办理证件的客户请联系我们在线客服中心微信：95270640 或咨询在线父亲的家很狭小除了一张单人床和一张小方桌几乎没有多余的空间山娃一下子就联想起学校的男小便处山娃很想笑却怎么也笑不出来山娃很迷惑父亲的家除了一扇小铁门连窗户也没有墓穴一般阴森森有些骇人父亲的城也便成了山娃的城父亲的家也便成了山娃的家父亲让山娃呆在屋里做作业看电视最多只能在门口透透气不能跟陌生人搭腔更不能乱跑一怕迷路二怕拐子拐人山娃很惊惧去年村里的田鸡就因为跟父亲进城一不小心被人拐跑了至今不见踪影害不
University of North Carolina at Charlotte degree offer diploma Transcript
办理美国UNCC毕业证书制作北卡大学夏洛特分校假文凭定制Q微168899991做UNCC留信网教留服认证海牙认证改UNCC成绩单GPA做UNCC假学位证假文凭高仿毕业证GRE代考如何申请北卡罗莱纳大学夏洛特分校University of North Carolina at Charlotte degree offer diploma Transcript
South Dakota State University degree offer diploma Transcript
办理美国SDSU毕业证书制作南达科他州立大学假文凭定制Q微168899991做SDSU留信网教留服认证海牙认证改SDSU成绩单GPA做SDSU假学位证假文凭高仿毕业证GRE代考如何申请南达科他州立大学South Dakota State University degree offer diploma Transcript
The Rise and Fall of Ponzi Schemes in America.pptx
Ponzi schemes, a notorious form of financial fraud, have plagued America’s investment landscape for decades. Named after Charles Ponzi, who orchestrated one of the most infamous schemes in the early 20th century, these fraudulent operations promise high returns with little or no risk, only to collapse and leave investors with significant losses. This article explores the nature of Ponzi schemes, notable cases in American history, their impact on victims, and measures to prevent falling prey to such scams.
Understanding Ponzi Schemes
A Ponzi scheme is an investment scam where returns are paid to earlier investors using the capital from newer investors, rather than from legitimate profit earned. The scheme relies on a constant influx of new investments to continue paying the promised returns. Eventually, when the flow of new money slows down or stops, the scheme collapses, leaving the majority of investors with substantial financial losses.
Historical Context: Charles Ponzi and His Legacy
Charles Ponzi is the namesake of this deceptive practice. In the 1920s, Ponzi promised investors in Boston a 50% return within 45 days or 100% return in 90 days through arbitrage of international reply coupons. Initially, he paid returns as promised, not from profits, but from the investments of new participants. When his scheme unraveled, it resulted in losses exceeding $20 million (equivalent to about $270 million today).
Notable American Ponzi Schemes
1. Bernie Madoff: Perhaps the most notorious Ponzi scheme in recent history, Bernie Madoff’s fraud involved $65 billion. Madoff, a well-respected figure in the financial industry, promised steady, high returns through a secretive investment strategy. His scheme lasted for decades before collapsing in 2008, devastating thousands of investors, including individuals, charities, and institutional clients.
2. Allen Stanford: Through his company, Stanford Financial Group, Allen Stanford orchestrated a $7 billion Ponzi scheme, luring investors with fraudulent certificates of deposit issued by his offshore bank. Stanford promised high returns and lavish lifestyle benefits to his investors, which ultimately led to a 110-year prison sentence for the financier in 2012.
3. Tom Petters: In a scheme that lasted more than a decade, Tom Petters ran a $3.65 billion Ponzi scheme, using his company, Petters Group Worldwide. He claimed to buy and sell consumer electronics, but in reality, he used new investments to pay off old debts and fund his extravagant lifestyle. Petters was convicted in 2009 and sentenced to 50 years in prison.
4. Eric Dalius and Saivian: Eric Dalius, a prominent figure behind Saivian, a cashback program promising high returns, is under scrutiny for allegedly orchestrating a Ponzi scheme. Saivian enticed investors with promises of up to 20% cash back on everyday purchases. However, investigations suggest that the returns were paid using new investments rather than legitimate profits. The collapse of Saivian l
International Sustainability Standards Board
Issb standards
New standard for reporting sustainability on lines of tcfd
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【网址🎉ac22.net🎉】欧洲杯投注 Sports 与其他博彩公司相比，其独特之处在于欧洲杯投注 Sports 基于低利润和高营业额的独一无二的体育博彩模式，该模式可以为玩家开出最高的赔率。欧洲杯投注的优势在于中文界面友好，接受人民币投注。他们的开户奖金和实时体育投注界面是大陆玩家的首选。
Exploring-Madhya-Pradesh-Culture-Heritage-and-Land-Records.pptx
Madhya Pradesh, the "Heart of India," boasts a rich tapestry of culture and heritage, from ancient dynasties to modern developments. Explore its land records, historical landmarks, and vibrant traditions. From agricultural expanses to urban growth, Madhya Pradesh offers a unique blend of the ancient and modern.
Governor Olli Rehn: Inflation down and recovery supported by interest rate cu...
Governor Olli Rehn
Bank of Finland
Press conference on the outlook for the Finnish economy
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一比一原版美国新罕布什尔大学(unh)毕业证学历认证真实可查
永久可查学历认证【微信：A575476】【美国新罕布什尔大学(unh)毕业证成绩单Offer】【微信：A575476】（留信学历认证永久存档查询）采用学校原版纸张、特殊工艺完全按照原版一比一制作（包括：隐形水印，阴影底纹，钢印LOGO烫金烫银，LOGO烫金烫银复合重叠，文字图案浮雕，激光镭射，紫外荧光，温感，复印防伪）行业标杆！精益求精，诚心合作，真诚制作！多年品质 ,按需精细制作，24小时接单,全套进口原装设备，十五年致力于帮助留学生解决难题，业务范围有加拿大、英国、澳洲、韩国、美国、新加坡，新西兰等学历材料，包您满意。
【业务选择办理准则】
一、工作未确定，回国需先给父母、亲戚朋友看下文凭的情况，办理一份就读学校的毕业证【微信：A575476】文凭即可
二、回国进私企、外企、自己做生意的情况，这些单位是不查询毕业证真伪的，而且国内没有渠道去查询国外文凭的真假，也不需要提供真实教育部认证。鉴于此，办理一份毕业证【微信：A575476】即可
三、进国企，银行，事业单位，考公务员等等，这些单位是必需要提供真实教育部认证的，办理教育部认证所需资料众多且烦琐，所有材料您都必须提供原件，我们凭借丰富的经验，快捷的绿色通道帮您快速整合材料，让您少走弯路。
留信网认证的作用:
1:该专业认证可证明留学生真实身份
2:同时对留学生所学专业登记给予评定
3:国家专业人才认证中心颁发入库证书
4:这个认证书并且可以归档倒地方
5:凡事获得留信网入网的信息将会逐步更新到个人身份内，将在公安局网内查询个人身份证信息后，同步读取人才网入库信息
6:个人职称评审加20分
7:个人信誉贷款加10分
8:在国家人才网主办的国家网络招聘大会中纳入资料，供国家高端企业选择人才
→ 【关于价格问题（保证一手价格）
我们所定的价格是非常合理的，而且我们现在做得单子大多数都是代理和回头客户介绍的所以一般现在有新的单子 我给客户的都是第一手的代理价格，因为我想坦诚对待大家 不想跟大家在价格方面浪费时间
对于老客户或者被老客户介绍过来的朋友，我们都会适当给一些优惠。
选择实体注册公司办理，更放心，更安全！我们的承诺：可来公司面谈，可签订合同，会陪同客户一起到教育部认证窗口递交认证材料，客户在教育部官方认证查询网站查询到认证通过结果后付款，不成功不收费！
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Chap001.ppt
- 1. 1-1 Chapter 1 An Introduction to Assurance and Financial Statement Auditing Copyright © 2010 by the McGraw-Hill Companies, Inc. All rights reserved. McGraw-Hill/Irwin
- 2. 1-2 The Study of Auditing Analytical and logical skills Much more conceptual in nature Rules, techniques and computations to prepare and analyze financial information The study of auditing is different from other accounting courses that you have taken in college because … LO# 1 OTHER COURSES AUDITING
- 3. 1-3 The Role of Auditing Figure 1-1 Overview of the Principal-Agent Relationship Leading to the Demand For Auditing LO# 2
- 4. 1-4 Auditing, Attest, and Assurance Services Defined Auditing Assurance Services A systematic process of objectively obtaining and evaluating evidence regarding assertions about economic actions and events to ascertain the degree of correspondence between those assertions and established criteria and communicating the results to interested users. Attest LO# 4
- 5. 1-5 Auditing, Attest, and Assurance Services Defined Auditing Attest Assurance Services Attest services occur when a practitioner is engaged to issue...a report on subject matter, or an assertion about subject matter, that is the responsibility of another party. LO# 4
- 6. 1-6 Auditing, Attest, and Assurance Services Defined Auditing Attest Assurance Services Independent professional services that improve the quality of information, or its context, for decision makers. LO# 4
- 7. 1-7 LO# 4 Relationships among Auditing, Attest, and Assurance Services
- 8. 1-8 Fundamental Concepts in Conducting a Financial Statement Audit LO# 5 Audit Risk Materiality Evidence
- 9. 1-9 Overview of the Financial Statement Audit Process LO# 5
- 10. 1-10 Sampling: Inferences Based on Limited Observations Auditors use (1) their knowledge about the transactions and/or (2) a sampling approach to examine the transactions. It would be too costly for the auditor to examine every transaction. LO# 6
- 11. 1-11 Major Phases of the Audit LO# 7 •Client acceptance/continuance and establishing an understanding with the client •Preliminary engagement activities •Plan the audit •Consider and audit internal control •Audit business processes and related account (e.g. revenue generation) •Complete the audit •Evaluate results and issue audit report
- 12. 1-12 Issue the Audit Report LO# 8 The title line of the audit report includes the word “Independent,” and usually, the report is addressed to the stockholders of the company. The audit report includes an introductory paragraph, a scope paragraph, an opinion paragraph, an explanatory paragraph referring to the audit of internal control, the name of the auditor or audit firm, and the date of the audit report. Adverse Qualified Unqualified
- 13. 1-13 Auditing Demands Logic, Reasoning, and Resourcefulness LO# 9 An auditor needs to understand more than just the accounting concepts and techniques. Auditing is a fundamentally logical process of thinking and reasoning – so use your common sense and reasoning skills! As you learn new auditing concepts, take some time to understand the underlying logic and how the concepts interrelate with other concepts. Being a good auditor sometimes requires imagination and innovation.
- 14. 1-14 End of Chapter 1 Copyright © 2010 by the McGraw-Hill Companies, Inc. All rights reserved. McGraw-Hill/Irwin