chapter23auditofcashbalances(审计学-英文版).pptx

Audit of Cash Balances;Learning Objective 1;Relationships of Cash in the Bank and Transaction Cycles;Relationships of Cash in the Bank and Transaction Cycles;Relationships of Cash in the Bank and Transaction Cycles;Relationships of Cash in the Bank and Transaction Cycles;Cash in the Bank and Transaction Cycles;Cash in the Bank and Transaction Cycles;Cash in the Bank and Transaction Cycles;Cash in the Bank and Transaction Cycles;Cash in the Bank and Transaction Cycles;Learning Objective 2; General cash account Imprest payroll account Branch bank account Imprest petty cash fund Cash equivalents;Relationship of General Cash to Other Cash Accounts;Learning Objective 3;Identify client business risks affecting cash in bank.;Methodology for Designing Testsof Details of Balances for A/R;Methodology for Designing Testsof Details of Balances for A/R;Audit Schedule for a Bank Reconciliation;Balance-Related Objectives: General Cash in the Bank;;Types of Audit Tests Used for General Cash in Bank;Learning Objective 4;Extended Tests of the Bank Reconciliation; All recorded cash receipts were deposited. All deposits in the bank were recorded in the accounting records. All recorded cash disbursements were paid by the bank. All amounts that were paid by the bank were recorded.;– the balance on the bank statement with the general ledger balance at the beginning of the proof-of-cash period;– cancelled checks clearing the bank with the cash disbursement journal for a given period;The accuracy of the information on the interbank transfer schedule should be verified.;Disbursements on the interbank transfer schedule should be correctly included in or excluded from year-end bank reconciliation as outstanding checks.;Learning Objective 5;Typically, the only reconciling items are outstanding checks.;Learning Objective 6;Petty cash is a unique account because it is often immaterial in amount, yet it is verified on many audits.;Audit tests for petty cash;End of Chapt