最可怕的敵人，就是沒(méi)有堅(jiān)強(qiáng)的信念。2021年ACCA備考正在火熱進(jìn)行中,，東奧小編為大家整理了關(guān)于ACCA考試相關(guān)知識(shí)點(diǎn),，趕快來(lái)看一下吧。

【內(nèi)容導(dǎo)航】

Law and regulations 法律法規(guī)

【知識(shí)點(diǎn)】

Law and regulations 法律法規(guī)

Law and regulations 法律法規(guī)

The auditor is also required to consider the issue of law and regulations in the audit.

Auditors are given guidance in ISA 250 Consideration of laws and regulations in an audit of financial statements.

Responsibilities of management

It is management’s responsibilities to ensure that the entity complies with the relevant laws and regulations.

It is not the auditor’s responsibility to prevent or detect non-compliance with laws and regulations.

The auditor shall request written representations from management that all known instances of noncompliance or suspected non-compliance with laws and regulations whose effects should be considered when preparing the FS have been disclosed to the auditor.

Responsibilities of auditor

Law and regulations that have a direct effect on the determination of material amounts and disclosures in the FS.

The auditor's responsibility is to obtain sufficient appropriate audit evidence about compliance with those laws and regulations.

Law and regulations that do not have a direct effect on the determination of material amounts and disclosures in the FS but where compliance may be fundamental to the operating aspects, ability to continue in business, or to avoid material penalties.

The auditor's responsibility is to undertake specified audit procedures to help identify non-compliance with laws and regulations that may have a material effect on the FS.

Audit procedures for complying with laws and regulations

The auditor shall obtain a general understanding of:

The applicable legal and regulatory framework.

How the entity complies with that framework.

The auditor can achieve this understanding by:

Using their existing understanding and updating it.

Making enquiries of management about:

Laws and regulations that may affect the entity

Policies and procedures for ensuring compliance

How to identify, evaluate and account for litigation claims.

The auditor shall remain alert throughout the audit to the possibility that other audit procedures may bring instances of non-compliance or suspected non-compliance to the auditor's attention.

These audit procedures include:

Reading minutes.

Making enquiries of management and legal advisers regarding litigation, claims and assessments.

Performing substantive tests of details of classes of transactions, account balances or disclosures.

Audit procedures when non-compliance is identified or suspected

Obtain understanding of nature of act and circumstances.

Obtain further information to evaluate possible effect on FS.

Consider the need to obtain legal advice if sufficient information not provided and matter is material.

Evaluate effect on auditor’s opinion if sufficient information not obtained.

Evaluate implication on risk assessment and reliability of written representations.

Reporting identified or suspected non-compliance

The auditor shall:

Communicate with those charged with governance, the audit committee or the supervisory board.

Determine whether identified or suspected non-compliance has to be reported to the regulatory and enforcement authorities.

Although the auditor must maintain the fundamental principle of confidentiality, in some jurisdictions the duty of confidentiality may be overridden by law or statute.

以上就是東奧小編為大家整理的ACCA考試科目相關(guān)知識(shí)點(diǎn)了,，希望能夠幫助到大家，最后預(yù)祝大家順利通過(guò)ACCA考試。

注：以上內(nèi)容來(lái)自Joyce老師基礎(chǔ)精講班第19講

(本文為東奧會(huì)計(jì)在線原創(chuàng)文章,，僅供考生學(xué)習(xí)使用，禁止任何形式的轉(zhuǎn)載)