了解被审计单位及其环境识别和评估重大错报风险(国外英文资料).doc

了解被审计单位及其环境识别和评估重大错报风险 China certified public accounting standards 1211 -- by understanding the audit units and their environment Assess the risk of major misreporting (revised on November 1, 2010) Chapter 1 general rule Article 1 for the purpose of standardizing certified public accountants through understanding of the auditees and their environment, they shall be informed Dont risk your financial statements by making a major mistake. Chapter ii the meaning of the word Article 2 internal control shall be described as internal control and applicable laws and regulations The concept is consistent. Control refers to the various aspects of internal control of one or more elements, or elements. Article 3, is refers to the management in the financial statements of the expression of express or implied, certified public accountants use to consider the possibility of different types of potential misstatement. Article 4 the risk assessment procedure refers to the certified public accountant to understand the auditees and their Environment to identify and evaluate the risk of major misreporting of financial reporting levels and identification levels (no matter An audit procedure that is carried out due to fraud or error. Article 5 operational risk refers to the possible realization of the targets and implementation strategies of the auditees An important condition, item, situation, act, (or omission) of the adverse impact of the ability The risks that are caused, or the risks associated with developing inappropriate goals and strategies. Article 6 the special risk shall refer to the recognition and appraisal of certified public accountants The risk of major misreporting that needs special consideration. 104 ? Chapter iii Article 7 the purpose of a certified public accountant is to understand the auditees and their circumstances, Identify and evaluate the risk of major misreporting of financial reporting levels and identification levels In the case of fraud or error, it is the