Auditing I
The Demand for Audit
and Assurance
Services Chapter 1
Assurance, Attestation, and
Nonassurance Services
ASSURANCE SERVICES
ATTESTATION SERVICES
Audits Reviews
Certain
Other Attestation Services Management
(e.g., WebTrust, SysTrust) Consulting
Other Management
Consulting
Certain
Accounting and
Management
Bookkeeping
Consulting
Tax
Services
Nature of Auditing
Operational Audit
Efficiency Effectiveness
Compliance Audit
The CPA
Profession
Chapter 2
Activities of CPA Firms
Accounting
and
Bookkeeping
Services Tax
Services Management
Consulting
Services
Relationships
Division of Peer
CPA firms review
Audit
Reports
Chapter 3
Bagian dari Laporan Audit
Bentuk Baku (Unqualified)
1. Report title
2. Audit report address
3. Introductory paragraph
4. Scope paragraph
5. Opinion paragraph
6. Name of CPA firm
7. Audit report date
Four Categories
of Audit Reports
Unqualified with
explanatory paragraph Adverse or disclaimer
or modified wording
Jumlah Paragraf dalam Laporan
Audit
Standard 3
Unqualified with explanatory paragraph 4
Unqualified shared report with other auditors 3
Qualified – opinion only 4
Qualified – scope and opinion 4
Disclaimer – scope limitation 3
Adverse 4
Professional
Ethics
Chapter 4
Contoh 6 Prinsip Etika
Trustworthiness Fairness
Respect Caring
Responsibility Citizenship
Resolving Ethical Dilemmas
5. Identifikasi konsekuensi
yang mungkin diterima
Chapter 5
Business Failure, Audit
Failure, and Audit Risk
Audit
Business
Failure
Failure
Audit
Risk
Business Failure, Audit
Failure, and Audit Risk
Business failure
Hal ini terjadi disebabkan karena
peminjam tidak dapat mengembalikan
uang pinjamannya dan karena risiko
lainnya seperti krisis ekonomi
Business Failure, Audit
Failure, and Audit Risk
Audit failure
Audit risk
Risiko yang akan dan selalu dihadapi
oleh auditor dalam menjalankan auditnya.
Major Sources of
Auditor’s Legal Liability
Federal
Client
securities laws
Criminal
Third party
liability
Audit
Responsibilities
and Objectives
Chapter 6
Objective of Conducting an
Audit of Financial Statements
Capital acquisition
and repayment cycle
Sales and Acquisition Payroll and
collection and payment personnel
cycle cycle cycle
Inventory and
warehousing
cycle
Four Phases of an Audit
Perform analytical
Plan and design procedures and
Phase I Phase III
an audit approach. tests of details
of balances.
Perform tests of
Complete the
controls and
Phase II Phase IV audit and issue
substantive tests
an audit report.
of transactions.
Bukti Audit
Chapter 7
Audit Evidence Decisions
1. Physical examination √
2. Confirmation
3. Documentation
4. Observation ∼
5. Inquiries of the client ∼
6. Reperformance √
7. Analytical procedures ∼
Types of Supporting Schedules
Analysis
Trial balance
Reconciliation of amounts
Tests of reasonableness
Summary of procedures
Examination of supporting documents
Informational
Outside documentation
The End of This Review