procedures

Audit procedures for exam acca icawe auditing standard study for exam audit procedure substantive procedure审计 程序

procedures

• general
  • Compare the balance of trade payables/sales revenue/receivables days/gross margin against last year and investigate significant difference
• Evidence
  • Directors
  • Assets
  • Documents
  • According books&records
    • order
      • GDN
        • Invoice
          • ledger
  • 3rd parties(bank, lawyer, debtors, payables)
• Assertation
  • SOPL
    • occurance
    • completeness
    • accuracy
    • cut-off
    • Classification
  • SOFP
    • Existence
    • completeness
    • valuation
    • rights&obligation
  • 子主题
• substantive procedure
  • Analytical procedures
  • Enquiries&Confirmation
  • Inspection
  • Observation
  • Recalculation
• Payables
  • Evidence
    • Aged payables listing
    • purchase invoice
    • good received notes
    • post year end bank statement
    • supplier statements
    • supplier circularisation(where supplier statements are not available)
• Receivables
  • Evidence
    • Aged receivables listing
    • sales invoice
    • GDN(goods despatch notes)
    • receivables circulation letters
    • post year end bank statements
    • Policy for allowance for doubtful receivables
  • 子主题
• 浮动主题
• 浮动主题