TAILIEUCHUNG - Lecture Principles of auditing and other assurance services (15/e): Chapter 10 - Whittington, Pany

Chapter 10 - Cash and financial investments. This chapter described the fundamental controls over cash receipts and disbursements and financial investments. It also explained how the auditors design tests of controls for cash and financial investments and substantive tests for these accounts. | Cash and Financial Investments Chapter 10 1 Internal Control Over --Cash Receipts Cash sales Involvement of two or more employees Cash Registers Electronic point of sales systems Collections of receivables Initial listing of cash receipts Custody and depositing of cash receipts Maintenance of customer account records Reconciliation of customers’ ledgers with control accounts Mailing monthly statements to customers Collection activity and past-due accounts 10- 2 2 2 3 Internal Control--Cash Disbursements Segregation of duties Payment by check or electronic funds transfer Match of purchase order and receiving documents with vendor’s invoice Review of supporting documents by authorized check signer Cancel of supporting documents Authorized check signer should mail checks 10- 4 4 10- Objectives for the Audit Cash Consider the inherent risks related to cash, including fraud risks Consider internal control over cash transactions Substantiate the existence of recorded cash .

• Kế toán - Kiểm toán
• Principles of auditing
• Assurance services
• Financial investments
• Internal control
• Audit cash
• Financial investments
• Compliance auditing
• Internal auditing profession
• Operational audit
• Lecture Principles of auditing
• Bài giảng Nguyên lý kiểm toán
• Auditor legal liability
• Audit planning
• Audit evidence
• Audit procedures
• Auditing operations
• Completing the audit
• Income statement accounts
• Administrative expenses
• International auditing overview
• The audit market
• Professional accountants
• Client acceptance
• Understanding the entity
• Additional assurance services
• Historical financial information
• Audit report
• Special reports
• Attestation engagements
• Internal control integrated framework
• Examination report
• Public accountant
• American economy
• Professional services
• Financial statements
• Professional standards
• Standards of reporting
• GAAP hierarchy
• Public accounting profession
• Professional ethics
• Ethical dilemma
• Nature of ethics
• Establishing professional ethics
• Legal liability of auditors
• CPA liability
• Criminal liability
• Securities laws
• Audit documentation
• Audit risk
• Audit risk formula
• Planning the audit
• Linking audit procedures
• Assessing fraud risks
• Control environment factors
• Accounting System
• Control activities
• IT environment
• Computer hardware
• IT control activities
• Audit sampling
• Statistical sampling
• Random sample
• Statistical sampling plans
• Accounts receivable
• Notes receivable
• Revenue cycle
• Revenue cycle controls
• Cost of goods sold
• Conversion cycle
• Physical inventory
• Controls over plant
• Audit of intangibles
• Long lived assets
• Audit of property
• Accounts payable
• Acquisition cycle
• Audit accounts payable
• Equity capital
• Interest bearing debt
• Substantive tests
• Auditors’ reports
• Nonpublic entity audits
• Public company audits
• Integrated audits
• Management’s responsibility
• Analytical procedures
• Substantive testing
• Audit reports
• Corporate governance
• Understanding the client
• Assessing risks