审计学：一种整合方法阿伦斯英文版第12版课后答案8SolutionsManual.doc

审计学：一种整合方法阿伦斯英文版第12版课后答案8SolutionsManual
审计学：一种整合方法阿伦斯英文版第12版课后答案8SolutionsManual
审计学：一种整合方法阿伦斯英文版第12版课后答案8SolutionsManual
Ｃhapｔer　8
Aｕｄit　Planninｇ aｎd　Aｎalｙtｉcal Pｒｏceｄuｒes
Review Quesｔiｏｎｓ
8—1ﻩTｈere　aｒe three　priｍａｒy ｂｅnefits ｆrom　plａnnｉnｇ auｄitｓ:　ｉｔ ｈｅlps　ｔhe aｕdiｔor　obtaｉn　ｓｕｆｆｉcｉｅｎt　apprｏpriａｔe evideｎce ｆｏr　ｔhe circｕmｓtａnｃes, helps keep　audit costｓ　ｒeａｓoｎａble, aｎd ｈelｐs avoiｄ ｍｉsuｎdｅrsｔandｉngs witｈ the　ｃｌｉeｎt.
８－2 Ｅight　maｊor stｅｐs　ｉn pｌａnnｉnｇ　audits arｅ:
Accｅpｔ cｌienｔ　ａｎd perｆｏｒｍ iｎitiａｌ　pｌannｉng
Unｄerｓｔａｎd　tｈe cｌient’ｓ ｂusinesｓ　and indusｔry
Assess clｉent　bｕsineｓs rｉsｋ
Pｅrform ｐｒelimｉnary ａnalyｔｉcal pｒocedureｓ
Set matｅｒiａｌity, ａnd　aｓｓeｓs aｃｃepｔabｌe audit　risｋ ａnｄ inｈeｒeｎｔ ｒisk
Underｓｔand ｉｎternal conｔrol　ａｎd ａssess control　riｓk
Gathｅr ｉｎｆorｍatioｎ to assｅss ｆｒaud　ｒiｓｋｓ
Ｄeveｌｏp ovｅrall ａudiｔ plan　ａnd aｕｄｉt prograｍ
８-3ﻩTｈe nｅw auｄｉｔor （sｕcｃessoｒ） is reqｕireｄ bｙ　SAS 84　(AＵ ３１5)　to comｍunicate wiｔh the　prｅdeｃｅｓsｏr　audｉtｏｒ.　Thiｓ eｎaｂlｅs ｔhe ｓｕｃcessｏr to obtａiｎ ｉｎｆｏrmatiｏｎ　abｏｕt　ｔhe　ｃliｅnt　so that　hｅ　or sｈe mａy evaｌuaｔe　wheｔhｅr to　accept ｔhe ｅngaｇeｍent. Permｉssｉoｎ mｕst be obtａｉｎed ｆｒｏｍ　ｔｈe cｌient beｆorｅ cｏmmunicaｔiｏn cａｎ　be made ｂeｃause ｏｆ the cｏｎfidenｔiaｌity reqｕｉrement in　the Code　ｏｆ Pｒｏfｅsｓional Conｄuct. Tｈe ｐredecesｓｏr　iｓ ｒequiｒeｄ ｔｏ　rｅspｏｎｄ　ｔo　thｅ sｕcｃeｓｓor's requeｓｔ ｆor　inｆｏｒｍatiｏｎ； hoｗeveｒ, the　respoｎｓe　may　be limited ｔo　ｓtating　ｔhat no　information　ｗill bｅ　giｖｅn． The　succｅｓsor　audｉtoｒ　shoulｄ　be wａry ｉｆ ｔhe ｐredeceｓsor　ｉｓ ｒeｌuｃtanｔ　tｏ ｐrovｉｄe　inｆormaｔion　aｂout　the ｃｌienｔ．
8－4ﻩPrior to　acｃeptｉｎg a ｃlｉeｎt, tｈe audiｔoｒ should ｉｎvｅｓtigaｔe tｈｅ ｃliｅnt。 Ｔhe　ａudｉtoｒ　ｓhould eｖａｌuatｅ ｔhe ｃliｅnｔ’s sｔａｎｄiｎg ｉn tｈｅ ｂusinesｓ　ｃommunitｙ, fiｎancｉal stａｂiｌｉty, and reｌaｔions wｉth　its ｐrevｉoｕs　CＰA ｆｉrm. The pｒiｍaｒy　ｐurpose　ｏｆ nｅw　cｌieｎt iｎｖesｔｉｇatｉoｎ is tｏ aｓcertain ｔhe inteｇｒｉty oｆ　tｈｅ　clｉｅｎｔ　ａnｄ ｔhe　pｏssiｂilitｙ ｏf　ｆrauｄ．　The auｄiｔoｒ shoｕｌd be　ｅspｅｃially coｎceｒned with the pｏssｉｂility ｏf frａudulｅｎt ｆiｎanciａl reporting　since it ｉs　difｆiculｔ ｔｏ　uｎcｏv