TAILIEUCHUNG - Lecture Principles of auditing and other assurance services (15/e): Chapter 13 - Whittington, Pany

Chapter 13 - Property, plant, and equipment; depreciation and depletion. In this chapter we presented the appropriate controls for property, plant, and equipment accounts, the auditors' consideration of these controls, and the substantive procedures for property, plant, and equipment. | Property, Plant, and Equipment; Depreciation and Depletion Chapter 13 1 Audit Approach—Current Accounts Versus Noncurrent Account Cash Securities Accounts Receivable Inventories Accrued Liabilities Accounts Payable Short-Term Notes Property, Plant & Equipment Intangible Assets Long-Term Liabilities Owner’s Equity Accounts High turnover accounts Audit approach—audit the balance Low turnover accounts Audit approach—audit the changes in the accounts 13- 12 10 Controls Over Plant and Equipment Use of a plant and equipment (capital budget) Maintenance of a subsidiary ledger A system of authorizations Analysis of variances from budgeted expenditures A statement of policy distinguishing between capital and revenue expenditures A requirement that purchases of plant and equipment are subjected to normal purchasing procedures Periodic physical inventories A system of retirement authorization and documentation 13- 2 6 Objectives for the Audit of Property, Plant and Equipment .

• Kế toán - Kiểm toán
• Principles of auditing
• Assurance services
• Controls over plant
• Audit of intangibles
• Long lived assets
• Audit of property
• 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
• Internal control
• 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
• Financial investments
• Audit cash
• Accounts receivable
• Notes receivable
• Revenue cycle
• Revenue cycle controls
• Cost of goods sold
• Conversion cycle
• Physical inventory
• 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