Ìóçûêà Ì.
, Å.Â.Âàñèëü÷óê ê.ý.í.,
Êîñòàíàéñêèé
ãîñóäàðñòâåííûé óíèâåðñèòåò èì. À Áàéòóðñûíîâà
METHOD OF AUDIT OF
THE FINANCIAL CONDITION
Currently,
there is an urgent need for research aimed at developing a methodology of audit
of financial results from sales of works and services in order to minimize the
test time and improve its quality . The purpose of an audit of financial
statements is to enable the auditor to express an opinion as to whether the
financial statements are prepared , in all material respects, in accordance
with the basis of preparation used with the applicable financial reporting
framework . (collection between standards). Financial performance determined
quality indicator released by the enterprise , as well as the level of demand
for these products , because, as a rule, the bulk of the financial results as
part of profit (loss) from sale of goods ( works, services) . Financial
performance is the subject of many authors . Their understanding of the essence
of this concept is far ambiguous. [1].
An
audit is based on a single premise: audit target - Ozna ¬ themselves with the
subject of the audit and deep enough to make him a competent opinion. Each
stage of the audit process should deepen understanding of the research subject.
1.Sobrat
(or, if they continue to work at the regular customer of ¬ novit) and document
information about the customer and his con ¬ trol system and determine how this
information may affect the audit plan. [2].
This
stage includes among other things the client's business and study of factors
affecting the business or industry, such as manufacturing and setting legal
constraints , as well as internal control structure - policies, practices ,
methods and accounting system . To obtain this information , the auditor looks
at last year's business of published papers and studies on this type of
activity. as well as annual reports and reports on the release of new products
, in addition, interviews knowledgeable staff client , accounting firms , etc.;
acquainted with the client's management and its activities, reading minutes of
meetings of the Board of Directors and Shareholder ; examines and compares the
relationship of various financial and operational data.
1.
Information gathering phase :
collect
( or update ) and document information about the customer and corresponding ¬
sponding risk factors;
explore
and document the characteristics of the internal structure of the con ¬ trol
client.
2
. Planning Phase :
make
a preliminary judgment about materiality and assess the degree of risk that the
various claims administration may be shown with defined ¬ GOVERNMENTAL errors ;
determine
whether to verify the effectiveness of policies and procedures, control
structures ;
choose
and register a proper audit strategy for each account or group of accounts .
3
. Phase of the audit :
collect
, assess and document evidence to confirm the correct ¬ sion of the data
contained in the bill , and transcripts of the financial report : review the
audit strategy for compliance with its stated objectives .
4
. Phase of reporting :
an
audit opinion on the financial report ; compose a message on the internal
control framework . [3].
To
obtain ( or renew ) the representation of the structure of the control cli ¬
ent auditor mainly watching polls and customer personnel , refers to the
relevant documents on economic policy and the method of accounting, check
books, documents , forms , and reports. To get an idea of the
structure of controls, the auditor shall determine the " Cree critical points " in the accounting
system , which could be materially affected by errors or omissions , and
determines whether the special techniques that enable them to prevent.
Assess
the degree of risk that the financial statements may contain significant errors
in the records , and based on this assessment to develop an effective and
efficient plan for auditing . Effective audit can achieve reasonable assurance
that , according to the requirements of generally accepted auditing standards
need to make judgments on the financial report . The task of the auditor -
reduced to sufficiently low levels accurately ¬ risk for making substandard ¬
disconnected.
Collect
, assess and record a certain number of facts to confirm the accuracy of the
data contained in separate accounts and financial report • in general,
including decryption.
These
facts consist of information on audit risk assessment , including data
validation client internal control structure , and Institute ¬ formation
underlying the findings of the auditor with respect to residues on specific
accounts. During the collection and evaluation of evidence relating to the
balance of customer accounts and the effectiveness of its internal control
system , the auditor may find that its audit strategy needs to be revised .
Auditor ¬ SCIE interrelated procedures and the results of the internal control
structure checks the client provides the basis for assessing the risk that in
the balance of accounts may contain significant deficiencies , and the
collection and evaluation of evidence regarding account balances may reveal
defects in the internal control structure client . Only after the completion of
all phases , the auditor may conclude that - what conclusion it should be given
on the financial report as a whole. Therefore, the results of subsequent audit
procedures may be required to hypothetical conclusions drawn from these wounds
¬ stages of the audit , have been revised , and originally conceived audit
strategy or preliminary judgments about materiality were changed . 4 . Formulate
, write an audit report and notify the client about the shortcomings of its
internal control system.
The
result of the audit process are two documents : an audit concluding ¬ chenie on
the financial report , discussed below in this chapter, and increase ¬
administration adequately informed of the audit committee or board of directors
(or both instances ) the shortcomings of the internal control structure client
; Although the auditor's report is the main objective - audit message about the
shortcomings of the control structure is useful for the client and fairly
inexpensive service that auditors can provide highly qualified ¬ vanno after
the audit in order to examine the customer's balance and structure of its
control system . According to the requirements of professional auditing
standards , the auditor decides whether to grant this service for ¬ depending
on the value of the control structure deficiencies found during the audit them
.
Audit
of financial results is based on the assumption that it will be used by
different groups for different purposes. Consequently, more effective option
when one auditor performs audit and concludes that can rely on all users than
the one in which each user would conduct its own audit. [4]
Audit
of financial results is performed to determine whether consistent consolidated
financial statements with specific criteria .
Development
of methodology of audit services is particularly
relevance
in terms of accounting reform in the Republic of Kazakhstan in accordance with
International Financial Reporting Standards and the transformation of the
domestic regulatory system audit based on international
auditing
standards , when there is a need for information of an objective picture of the
financial position and results of operations of economic entities .
List of
sources used .
1.E.A.
Ahrens . , JK Lobbek . Audit: Tutorial EA Ahrens . , JK Lobbek . - Chapter
Editor Y. Sokolov . Finance and statistics, 2003 . - 506 .
2
. VI Podolsky : Audit: Tutorial / ed. VI Podolsky . - Moscow: The Economist in
2004 . - 494 p.
3
.
http://uchebnik.kz/auditorstvo/11-istochniki-informacii-audita-finansovoy-otchetnost
4
. Collection of International Standards on Auditing , assurance and ethics. -
Almaty, 2007 - 1260 p.