Q3 Planning an audit of a financial report requires that an auditor plan their

Q3 planning an audit of a financial report requires

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Q3: Planning an audit of a financial report requires that an auditor plan their audit to reduce audit risk to an acceptable low level. Audit risk can be defined as;
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a. The risk that the auditor expresses and inappropriate opinion at the conclusion of the audit. b. The risk that the auditor does identify the material misstatements. c. That sufficient appropriate evidence cannot be gathered to form an opinion of the truthfulness of the financial statements. d. That fraud exists in the accounts and the client is aware that the fraud exists. 对财务报告的审计要 审计师计 审计以将审计 降低 到可 受的 低水 。审计 险可以定义为 ; a. 审计人员在审计结论 发表不 当意见的 险。 b. 审计师确 实识 别重大 报的 险。 c. 无法收集 到足够的适当证据 来形 成对财务报表 真实 性的意见。 d. 欺诈 存在于 户中,客户意 欺诈 存在。 Fraud risk: Auditor must asses risk of material misstatement due to fraud (ASA 240 (ISA 240)) 欺诈风 : 审核员 必须 评估 因欺诈导致 的重大 (ASA 240 (ISA 240)) Fraud indicators (red flags) 欺诈指 ( 险信 ) High turnover of key employees 核心员 动率 Key finance personnel refusing to take leave 主要财务人员 Overly dominant management 过度主 管理 Poor compensation practices 措施 Inadequate training programs 培训 不足 Complex business structure 复杂 的业务结构 No (ineffective) internal audit 没有 ( 无效 ) 内部 审计 High turnover of auditors 审计师的高 动率 Unusual transactions 常的 交易 Weak internal controls 薄弱 内部控 Fraud triangle: Incentive/ Pressure, Rationalisation, Opportunity 欺诈三 : 激励 / 力、 合理 化、 机会 Q4: Opportunities to perpetrate a fraud include all the following except: a.a high turnover of staff.b.significant related party transactions.c.rapid growth.d.poor internal controls.欺诈的机会包括以下所有情况不包括: a. 动率 高。 b. 重大关 交易 c . 长。 d. 内部控 制差。 Q5: Preliminary risk identification can be affected by:
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别可能受到以下因素影响: Going concern risk 持续 ASA 570 (ISA 570): Auditor must consider whether it is appropriate to assume that client will remain a going concern. Going concern means…the belief that company will remain in business for foreseeable future ASA 570 (ISA 570): 审核员 必须 考虑 假设 客户将 持续 是否合适。 持续 信公司在可预见的 未来 Going concern justifies - valuing assets on basis they will continue to be used in business and - liabilities paid when due 持续 - 评估资 的基 们将
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