documents (such as approval and signature of the person approving the purchase, the sign of completing the accounting voucher, the signature of the person checking the accounting entries math ) The ma.
documents (such as: approval and signature of the person approving the purchase, the sign of completing the accounting voucher, the signature of the person checking the accounting entries math…) The mark of internal control on records and documents is highly persuasive evidence of the existence, and regularity and continuity of control activities in fact Errors in the operation of internal control often lead to the lack of reliability of the relevant financial information recorded Second, Survey and evaluate the implementation of basic principles in the organization of control activities: Exploring the implementation of basic principles in internal control is also an important i work iThe icorrect iimplementation iof ithe iprinciples iof i"assignment iand isegregation", ithe iprinciple iof i "nonconcurrent", ithe iprinciple iof i"authorization iand iapproval" iensures ienhanced ieffectiveness iof i activities ito icontrol, iprevent iand ilimit iactivities iAbuse iof ipowers iand ifunctions iin ithe iprocess iof imaking i purchases iand ipayments iAuditors ioften ipay iattention ito iwhether ithe iapproval iprocedure iis iproperly i functional ior inot? iIs ithe iallocation iof ipeople iin irelated istages isuch ias: iapproving ipurchases, imaking i purchases, irecording ibooks, icashiers, ietc., iis iit iindependent? The iresearch, ievaluation iand isurvey ion iinternal icontrol iof ithe ipurchase iand ipayment icycle iis i usually iconducted iin ithe ifollowing isequence iof isteps: Step i1: iSet iup ia isystem iof ipre-questioned iquestions iabout iinternal icontrol iof ithe ipurchase, iasset i and ipayment icycle iThe iestablishment iof ithe iquestion isystem imust ibe iin iorder, icomplete iand itight iTo i establish ithis iquestion isystem, ithe iauditor imust ihave ia iclose iunderstanding iof ithe iinternal icontrol iof ithe i purchasing iand ipayment icycle, ias iwell ias iunderstanding ithe ioperation iand ispecific icontrol iregulations iof i each ienterprise ito iestablish ithe isystem iControl iquestions iaccordingly Step i2: iDirectly isurvey, icollect iand ilearn iabout ithe iprocess iof iinternal icontrol iof ipurchasing iand ipayment itransactions iof ithe ibusiness iaccording ito iour idatabases iWhen isurveying ithe iprocess iof iinternal icontrol iin ithe ipurchase iand ipayment icycle iat ian ienterprise, ithe iauditor imust ipay ispecial iattention ito ithe idatabases iof ithe iinternal icontrol iregulations isuch ias: ithe iexistence, ivalidity, iand icontinuity iof ithe iinternal