财务报表审计分析过程

Beginning of the year(1)Engagement and Planning(2)Examine internal control system Interim PeriodBalance Sheet dateLast day of field work(3)Performing substantive tests(sampling)(4)Audit report Bernard and Kristie Ebbers leaving court yesterday(WSJ On-line March 16,2005)权益乘数=总资产净资产=1（净资产总资产）=1(资产总额-负债总额)总资产=1（1-资产负债率）销售净利率净利润销售收入（销售净额-成本总额+其他利润-所得税费用）销售收入资产周转率销售收入平均资产总额销售收入（平均流动资产总额+固定资产总额）-training and overall experience-industry and client experience-supervision-need for specialistsAre we technically competent?1.To identify clients reasons for an audit-Competency of the prior auditor-Hunting for opinion-Prior CPA left the client because of illegal acts.2.Support beginning balances-What if not sure about the beginning balance?1136 Tenants Corporation CPA firmA realtor(president:Rothenburg)Only book keepingNo Audit service Rothenburg stole$130,000.The auditor did not report the Rothenbergs fraud to the managements of 1136 Tenants Corpororation Compilation fee:$600 Courts judgment:pay$230,000 to the 1136 Tenants Corp.Managed byHiredOral agreement演讲完毕，谢谢观看！