ACCA/CAT

小编特收集了ACCA考试历年真题，希望对您参加本次考试有所帮助！

2  (a)  Auditors are required to document their understanding of the client’s internal controls. There are various options available for recording the internal control system. Two of these options are narrative notes and internal control questionnaires.

Required:

Describe    the   advantages    and   disadvantages    to  the  auditor   of  narrative  notes  and   internal  control questionnaires as methods for documenting the system.                                                   

(b)  ISA 210 Agreeing the Terms of Audit Engagements provides guidance on the content of engagement letters and deals with the auditor’s responsibilities in agreeing the terms of the audit engagement with management.

Required:

(i)  State the purpose of an engagement letter.                                                             

(ii) List SIX matters that should be included within an audit engagement letter.

3  (a)  he auditor has a responsibility to design audit procedures to obtain sufficient and appropriate evidence. There are various audit procedures for obtaining evidence, such as external confirmation.

Required:

Apart from external confirmation:

(i)  State and explain FIVE procedures for obtaining evidence and;

(ii) For each procedure, describe an example relevant to the audit of purchases and other expenses.

(b)  Donald Co operates an airline business. The company’s year end is 31 July 2011.

You are the audit senior and you have started planning the audit. Your manager has asked you to have a meeting with the client and to identify any relevant audit risks so that the audit plan can be completed. From your meeting you ascertain the following:

In order to expand their flight network, Donald Co will need to acquire more airplanes; they have placed orders for another six planes at an estimated total cost of $20m and the company is not sure whether these planes will

be received by the year end. In addition the company has spent an estimated $15m on refurbishing their existing planes. In order to fund the expansion Donald Co has applied for a loan of $25m. It has yet to hear from the bank as to whether it will lend them the money.

The company receives bookings from travel agents as well as directly via their website. The travel agents are given a 90-day credit period to pay Donald Co, however, due to difficult trading conditions a number of the receivables are struggling to pay. The website was launched in 2010 and has consistently encountered difficulties with customer complaints that tickets have been booked and paid for online but Donald Co has no record of them and hence has sold the seat to another customer.

Donald Co used to sell tickets via a large call centre located near to their head office. However, in May they closed it down and made the large workforce redundant.

Required:

Using the information provided, describe FIVE audit risks and explain the auditor’s response to each risk in planning the audit of Donald Co.                                                                      

相关文章：

2011年ACCA考试历年真题

2011年ACCA考试模拟试题

更多关注：ACCA考试科目      ACCA教材     最新考试动态       ACCA网站

（责任编辑：中大编辑）

共2页,当前第1页  第一页  前一页  下一页