Chapter08 Audit Planning and Analytical Procedures(审计学英文版)概要1.pptVIP

Audit Planning andAnalytical Procedures Chapter 8 Learning Objective 1 Discuss why adequate audit planning is essential. Three Main Reasons for Planning Risk Terms Planning an Audit and Designing an Audit Approach Planning an Audit and Designing an Audit Approach Learning Objective 2 Make client acceptance decisions and perform initial audit planning. Initial Audit Planning Learning Objective 3 Gain an understanding of the client’s business and industry. Understanding of the Client’s Business and Industry Understanding of the Client’s Business and Industry Industry and External Environment Business Operationsand Processes Management and Governance Code of Ethics Client Objectives and Strategies Measurement and Performance Learning Objective 4 Assess client business risk. Assess Client Business Risk Assess Client Business Risk The Client’s Business, Risk, andAuditor’s Risk Assessment Enterprise Risk Management Learning Objective 5 Perform preliminary analytical procedures. Preliminary Analytical Procedures Examples of Planning Analytical Procedures Summary of the Purposesof Auditing Planning Key Parts of Planning Key Parts of Planning Key Parts of Planning Key Parts of Planning Learning Objective 6 State the purposes of analytical procedures and the timing of each purpose. Analytical Procedures Timing and Purposes of Analytical Procedures Timing and Purposes of Analytical Procedures Timing and Purposes of Analytical Procedures Learning Objective 7 Select the most appropriate analytical procedure from among the five major types. Five Types of Analytical Procedures Compare Client and Industry Data Compare Client Data with Similar Prior Period Data Learning Objective 8 Compute common financial ratios. Common Financial Ratios Short-term Debt-paying Ability Liquidity Activity Ratios Ability to Meet Long-term Debt Obligation Profitability Ratios Profitability Ratios Summary of Analytical Procedures End of Chapter 8 Analytical procedures use comparisons and relationship