(2) Equipment procurement "The procurement department determines the demand and puts forward the equipment procurement application"; "The purchasing department issues a payment notice and submits it to the finance department for payment procedures."
Briefly explain the reason: according to the international auditing principle, there is no equipment management department involved in these two stages.
2. According to the principle of international auditing, it is correct for auditors to give priority to the list of related parties, but it is found that the non-related parties of Company A inflated China's equity by more than 20 million.
The value of Xing Company really needs further verification to determine the impact of misstatement risk assessment and countermeasures.
According to the principle of international auditing, it is basically suitable, and 9.5 million out of 98 million can be determined to be suitable!
4. According to international auditing standards, there is no risk of material misstatement mentioned in item 3.
Item 4 is a major deficiency: assets (intangible assets) in financial statements need to be revalued; The cost items should also be carefully checked. If there are unpaid accounts, the company should make provision for refusal to pay and the company's equity should make provision for losses.
For your reference!