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1、审计学：一种整合方法-阿伦斯-英文版-第12版RRChapter10,Section 404 Audits of Internal Control and Control Risk,Chapter 10,审计学：一种整合方法-阿伦斯-英文版-第12版RRChapter10,Learning Objective 1,Describe the three primary objectives of effective internal control.,审计学：一种整合方法-阿伦斯-英文版-第12版RRChapter10,3. Compliance with laws and regulation
2、s,2. Efficiency and effectiveness of operations,1. Reliability of financial reporting,Internal Control Objectives,审计学：一种整合方法-阿伦斯-英文版-第12版RRChapter10,Learning Objective 2,Contrast managements responsibilities for maintaining and reporting on internal controls with the auditors responsibilities for un
3、derstanding, testing, and reporting on internal controls.,审计学：一种整合方法-阿伦斯-英文版-第12版RRChapter10,Management and Auditor Responsibilities Relatedto Internal Control,Managements responsibility for establishing internal control,Reasonable assurance,Inherent limitations,审计学：一种整合方法-阿伦斯-英文版-第12版RRChapter10,Ma
4、nagement and Auditor Responsibilities Relatedto Internal Control,Managements Section 404 reporting responsibilities,Design of internal control,Operating effectiveness of controls,审计学：一种整合方法-阿伦斯-英文版-第12版RRChapter10,Management and Auditor Responsibilities Relatedto Internal Control,Auditor responsibil
5、ities for understanding internal control,Control over classes of transactions,Auditor responsibilities for testing internal control,Controls over the reliability of financial reporting,审计学：一种整合方法-阿伦斯-英文版-第12版RRChapter10,Sales Transaction-related Audit Objectives,Sales Transaction-related Audit Objec
6、tives,Sales are for shipments to existing customers,Transaction-related Audit Objective General form,Recorded transactions exist (occurrence),Existing sales transactions are recorded,Existing transactions are recorded (completeness),Transactions are stated correctly (accuracy),Sales for goods shippe
7、d are correctly billed,审计学：一种整合方法-阿伦斯-英文版-第12版RRChapter10,Sales Transaction-related Audit Objectives,Transactions are correctly classified (classification),Sales transactions are correctly classified,Transactions are recorded on correct dates (timing),Sales are recorded on the correct dates,Transact
8、ions are correctly filed (posting and summarization),Sales transactions are correctly included in the master files,Sales Transaction-related Audit Objectives,Transaction-related Audit Objective General form,审计学：一种整合方法-阿伦斯-英文版-第12版RRChapter10,Learning Objective 3,Explain the five components of the CO
9、SO internal control framework.,审计学：一种整合方法-阿伦斯-英文版-第12版RRChapter10,Five Components of Internal Control,Risk assessment,Control activities,Information and communication,Monitoring,Control Environment,审计学：一种整合方法-阿伦斯-英文版-第12版RRChapter10,The Control Environment,Integrity and ethical values,Commitment to
10、competence,Board of directors or audit committee participation,审计学：一种整合方法-阿伦斯-英文版-第12版RRChapter10,The Control Environment,Managements philosophy and operating style,Organizational structure,Human resource policies and practices,审计学：一种整合方法-阿伦斯-英文版-第12版RRChapter10,Risk Assessment,Identify factors that
11、 may increase risk,Assess the likelihood of the risk occurring,Determine actions necessary to manage the risk,Estimate the significance of the risk,审计学：一种整合方法-阿伦斯-英文版-第12版RRChapter10,Control Activities,1. Adequate separation of duties,2. Proper authorization of transactions and activities,3. Adequat
12、e documents and records,4. Physical control over assets and records,5. Independent checks on performance,审计学：一种整合方法-阿伦斯-英文版-第12版RRChapter10,Adequate Separation of Duties,Custody of assets,Accounting,Authorization of transactions,The custody of related assets,Operational responsibility,Record-keeping
13、 responsibility,IT duties,User departments,from,from,from,from,审计学：一种整合方法-阿伦斯-英文版-第12版RRChapter10,Proper Authorization of Transactions and Activities,General authorization,Specific authorization,审计学：一种整合方法-阿伦斯-英文版-第12版RRChapter10,Adequate Documents and Records,Prenumbered consecutively,Prepared at t
14、he time of transaction,Designed for multiple use,Constructed to encourage correct preparation,审计学：一种整合方法-阿伦斯-英文版-第12版RRChapter10,Physical Control Over Assetsand Records,The most important type of protective measure for safeguarding assets and records is the use of physical precautions.,审计学：一种整合方法-阿伦
15、斯-英文版-第12版RRChapter10,Independent Checks on Performance,The need for independent checks arises because internal control tends to change over time unless there is a mechanism for frequent review.,审计学：一种整合方法-阿伦斯-英文版-第12版RRChapter10,Information and Communication,The purpose of an accounting information
16、 and communication system is to,initiate, record, process, and report the entitys transactions and to maintain accountability for the related assets.,审计学：一种整合方法-阿伦斯-英文版-第12版RRChapter10,Monitoring,Monitoring activities deal with managements ongoing and periodic assessment of the quality of internal control performance,to determine whether controls are operating as intended and modified when needed.,审计学：一种整合方法-阿伦斯-英文版-第12版RRChapter10,SEC and COSO Focus on Smaller Public Companies,The SEC has exten
