TAILIEUCHUNG - Lecture Auditing and assurance services in Australia: Chapter 17 - Grant Gay, Roger Simnett

In this chapter, students will be able to understand: appreciate the framework of standards under which assurance services are currently offered, and how specific standards relate to different types of assurance services; understand the assurance provider’s obligations in relation to audits of financial information other than general-purpose reports, including special-purpose reports, components of financial reports and summarised financial reports. | Chapter 17 Advanced Topics in Assurance Services 17- Copyright 2006 McGraw-Hill Australia Pty Ltd Revised PPTs t/a Auditing and Assurance Services in Australia 3e by Grant Gay and Roger Simnett Slides prepared by Roger Simnett E-Commerce Environments E-commerce: The use of electronic transmission mediums (telecommunications) to engage in the exchange, including buying and selling, of products and services requiring transportation, either physically or digitally, from location to location. E-commerce is changing how many organisations currently undertake business. Learning Objective 1: 17- Copyright 2006 McGraw-Hill Australia Pty Ltd Revised PPTs t/a Auditing and Assurance Services in Australia 3e by Grant Gay and Roger Simnett Slides prepared by Roger Simnett Early E-Commerce Systems: Electronic Data Exchange (EDI) Forerunner to e-commerce was EDI. Example: Manufacturer requires suppliers to accept orders through electronically transmitted purchase orders: when parts are shipped, supplier electronically transmits invoice to manufacturer. because it reduces data entry, mailing costs and time to complete transactions. 17- Copyright 2006 McGraw-Hill Australia Pty Ltd Revised PPTs t/a Auditing and Assurance Services in Australia 3e by Grant Gay and Roger Simnett Slides prepared by Roger Simnett Current Categories of E-Commerce Systems Business-to-business (B2B) e-commerce: Companies buying from and selling to each other online. EDI was the early form for undertaking B2B e-commerce. Business-to-consumer (B2C) e-commerce: Any business or organisation that sells its products or services to consumers over the Internet, . . 17- Copyright 2006 McGraw-Hill Australia Pty Ltd Revised PPTs t/a Auditing and Assurance Services in Australia 3e by Grant Gay and Roger Simnett Slides prepared by Roger Simnett Business Risk Assessments and Control Considerations in E-Commerce Number of differences for business risk assessment and related .

• Kế toán - Kiểm toán
• Assurance services profession
• Assurance services
• Auditing services
• Audit process
• E commerce systems
• Business risk assessments
• Structure of the profession
• Audit firms
• Assurance framework
• Accounting information
• Professional status
• Regulation of auditing
• The auditing profession
• Corporate governance
• Professional ethics
• Legal liability
• Liability to clients
• Financial repport audit process
• Financial report assertions
• The business
• Strategic business risk
• Inherent risk assessment
• Inherent risk
• Internal control structure
• Assessing control risk
• Tests of controls
• Sales cycle
• Substantive tests
• Substantive tests of transactions
• Audit sampling
• Sampling theory
• Adjusting events
• Financial report
• Auditor’s reporting obligations
• Professional reporting obligations
• Prospective financial information
• Highlight information
• Institute of internal auditors
• Government accounting
• Reporting duties