Tài liệu FINANCIAL SYSTEMS & AUDIT pptx

... area, as the easiest way to hide stolen money is to give customers credit instead FINANCIAL SYSTEMS & AUDIT SALES CYCLE Objectives of control • Sales are made to valid customers • Sales ... accounting systems ensures correct posting to revenue, receivables and sales tax accounts 3. Regular statements sent to customers 4. Centrally held prices and discounts 5. For manual syste...

Ngày tải lên: 22/12/2013, 15:15

Ngày tải lên: 17/12/2013, 14:15

... reconciling items that should be written back such as old, unpresented cheques FINANCIAL SYSTEMS & ANALYSIS INVENTORY & CASH Example of control test • Petty Cash  Test of petty cash vouchers ... cash balance  Performs a surprise petty cash count and reconcile to petty cash records Bank & Cash • Objectives of control • Cash balance are safeguarded • Cash balances are kept...

Ngày tải lên: 22/12/2013, 15:15

... invoice 4. Any goods returned to supplier are marked as return, to ensure GDN not prepared Financial Systems and Auditing Test of Control Purchase Cycle

Ngày tải lên: 22/12/2013, 15:15

... the audit committee [Hayes, Dassen, Schilder and Wallage, Principles of Auditing An Introduction to ISAs, edition 2.1] © Pearson Education Limited 2007 Slide 7.1 FINANCIAL SYSTEMS AND AUDITING Internal ... but we have a responsibility to CONSIDER FRAUD in an audit of financial statements. [Hayes, Dassen, Schilder and Wallage, Principles of Auditing An Introduction to ISAs, editio...

Ngày tải lên: 22/12/2013, 15:15

Ngày tải lên: 18/01/2014, 21:20

... firm’s activities. Note: The financial statement to be used for the purpose of analysis should be the audited ones. The audited financial statements give the analyst the auditor’s statement as to ... analyzing the financial statements information, its application and interpretation. Important Learning Terms • Financial analysis • Horizontal financial statements analysis • Vert...

Ngày tải lên: 25/01/2014, 11:20

... on Integrity & Efficiency U N I T E D S T A T E S o f A M E R I C A P R E S I D E N T ' S C O U N C I L o n I N T E G R I T Y & E F F I C I E N C Y P C I E Financial Audit Manual H ... the PP&E is more readily determinable than that of the PP&E surrendered, is the acquired general PP&E capitalized at its fair value? (SFFAS 6, par. 32) 123) If general PP&...

Ngày tải lên: 17/02/2014, 21:20

... Office of Inspector General Office of Audits and Inspections Audit Report Federal Energy Regulatory Commission's Fiscal Year 2012 Financial Statement Audit OAS-FS-13-03 ... an opinion on the fiscal year 2012 and 2011 financial statements of the Commission based on our audits. We conducted our audits in accordance with auditing standards generally a...

Ngày tải lên: 17/02/2014, 21:20