代写作文:风险对财务报表潜在的影响

代写作文:风险对财务报表潜在的影响

基于风险的方法对公司的财务报表和潜在的影响:审计事务所的方法决定了审计的成功或失败。失败将导致诉讼和公司的成本。审计的主要方法是基于风险的,他们只检查财务报表中有错误的部分。每家公司的审计将根据公司的规模、员工数量、地点、治理问题和运营情况而有所不同。风险评估是审计师在财务报表中度量风险,然后用这些评估进行审计的过程。其中涉及三个风险因素:内在风险、控制风险和检测风险。内在风险:由于内部控制较少,声明容易受到单一或与其他声明合并的错误陈述的影响。它可以限于财务报表,例如估计的设施,或它所经营的行业的性质。在这里,审核员使用自顶向下的方法来查找错误陈述。控制风险:是指内部团队无法控制的错误陈述或陈述。检测风险——这意味着审计程序无法检测错报。审计师考虑公司的环境、所涉及的活动和组织的目标来衡量财务报表。

代写作文:风险对财务报表潜在的影响
审核员不能控制公司的内在风险和控制风险,但审核员必须对这些风险进行详细的评估。降低财务报表的控制风险,减少审计师对公司的证明和声明的要求。然而,如果风险是内在的或控制的,审核员将需要来自公司的最大投入来评估和给出结论。早期的审计师根据公司的规模预测风险,因此使用财务报表。审计人员使用的新方法称为基于风险的方法,在这种方法中,他们检查业务的整个流程、影响错误陈述的因素(可能是内部或外部的),以及导致错误陈述的公司所遵循的绩效评估实践。审计师可以通过识别行业因素来降低错报的风险,如市场研究、公司过去的趋势、利润和收入计划、对公司的威胁因素以及当前市场趋势。在CBA的案例中,内部审计的力度非常大,它通过固有的风险方法发现财务误报,并提供了进行重大变更的程序,使得报告根本不影响最终结果。如果审计师缺乏经验,那么也会导致他的错误陈述。

代写作文:风险对财务报表潜在的影响

Risk based approach and potential impact on the company’s financial statement:The approach of the audit firm decides the success or failure of the audit. The failure would result in litigation and cost to the company. The main approach used by audit is risk-based wherein they check only that part of the financial statements which have errors. The audit of every firm will be different based on the size of company, number of employees, location, governance issues and operations. Risk assessment is a procedure where the auditor measures the risk in the financial statement and then carries out his audit with these evaluations.There are three risk factors involved: Inherent,control and detection risk.Inherent risk: it is the vulnerability of declaration to a misstatement which is either single or when combined with other statements, due to very less internal control. It can be limited to the financial statement, for example the estimated facility, or the nature of industry where it operates. Here the auditor uses a top-down approach to find the misstatement.In control risk: it is the misstatement or statements which cannot be controlled by the internal team. Detection risk-It means that the audit procedures are unable to detect the misstatement. Auditors take into account the environment of a company, the activities involved,and objectives of the organization to measure the financial statement.

代写作文:风险对财务报表潜在的影响
The auditors do not have control on inherent and control risks for the company but the auditor have to evaluate these in detail.Lower the control risk on financial statement, lesser proof and declarations would be required by the auditor from the company. However, if the risk is inherent or control, auditor would require maximum inputs from the company to assess and give the conclusion. Earlier auditors predicted risk basis the size of company and thus the financial statement was used. The new approach used by auditors is called the risk based approach where they check the overall processes of the business, factors impacting the misstatement which can be internal or external and performance evaluation practices followed by the company which resulted in the misstatement. An auditor can lower the risk of misstatement by identifying industry factors such as market research, past trends of the company, profit and income program, the threat factors to the company and current trend in the market.In case of CBA, the internal audit was so strong that it detected the financial misstatement via inherent risk method and provided procedure to make the significant changes so that the report did not impact the end result at all. If the auditor is inexperience then also it can lead to misstatement from his end.