审计实训案例(国外英文资料).docVIP

审计实训案例 5.3 practical training program [practical training 5-1] identify control defects and risks in purchasing and payment cycles Training purpose Through the analysis of training data as well as group discussion, speech, familiar with purchasing and payment cycle control activities, identify the control defects and the risk of purchase and payment cycle, understand the key control measures of purchasing and payment cycle. Training data The accounting firm is accredited and audited the accounting statements of the company in 2007. Certified public accountants and November 1-7, 2007, and the internal control system of listed companies in China to understand and test, notice the huaxing listed company in the purchase and payment cycle with warehouse, production cycle of the control activities exist the following problems: The company stipulates that the purchasing materials should be ordered by the purchasing department, and the purchasing department will be sent to the purchasing department after approval by the department manager. But found that certified public accountants processing workshop director Yang hong, according to the needs of processing, in which a 1/3 of the purchase order, directly to the supplier to order the raw material, the first to the supplier, the second for united workshop, the first joint to the inspection department. The company stipulates that the purchase amount is less than 100,000 yuan and is approved by the purchasing manager. If the purchase amount exceeds 100,000 yuan, the general manager shall approve it. Due to the general managers business trip, the production workshop is in urgent need of purchasing materials, and the purchasing manager li product has approved the purchase application for more than 100,000 yuan. After purchasing, the purchasing department shall designate the purchasing department to conduct the inspection and acceptance, and compile a collection of non-serial serial Numbers. 4. After the acceptance of materials,