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ACCA AA管理层和审计师各自职责

文章来源：ACCA全球官网

发布时间：2021-09-27 14:41

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An important part of an external audit is the consideration by the auditor as to whether the client has complied with laws and regulations.

It is important that candidates preparing for Audit and Assurance(AA)and Advanced Audit and Assurance(AAA)have an understanding of how laws and regulations affect an audit,not only in terms of the work the auditor is required to do,but also to appreciate the responsibilities of both management and the auditor where laws and regulations are concerned.

The auditing standard that is relevant to this article is ISA 250(Revised),Consideration of Laws and Regulations in an Audit of Financial Statements,and the objectives of the auditor according to paragraph 11 in ISA 250 are:

to obtain sufficient appropriate audit evidence regarding compliance with the provisions of those laws and regulations generally recognised to have a direct effect on the determination of material amounts and disclosures in the financial statements

to perform specified audit procedures to help identify instances of non-compliance with other laws and regulations that may have a material effect on the financial statements【点击免费下载>>>更多ACCA学习相关资料】

to respond appropriately to identified or suspected non-compliance with laws and regulations identified during the audit.

The standard defines an act of‘non-compliance’as follows:

‘Acts of omission or commission intentional or unintentional,committed by the entity,or by those charged with governance,by management or by other individualsworking for or under the direction of the entity which are contrary to the prevailing laws or regulations.Non-compliance does not include personal misconduct unrelated to the business activities of the entity.’

Respective responsibilities of management and auditors

Candidates need to go into the exam with an understanding as to who is responsible for compliance with laws and regulations and who is responsible for the detection of non-compliance with laws and regulations.

It is the responsibility of management to ensure that an entity complies with relevant laws and regulations.It is not the responsibility of the auditor to either prevent or detect non-compliance.

Question 1(c)of the December 2011 F8 exam(now AA)for four marks required candidates to:

‘Explain the responsibilities of management and auditors of Chuck Industries Co in relation to compliance with laws and regulations under ISA 250,Consideration of Laws and Regulations in an Audit of Financial Statements.’

The question itself was linked to a brief scenario where Chuck Industries Co had received a visit from the tax authority who had discovered incorrect levels of tax had been deducted from the payroll as tax rates had not been updated in the previous year and the finance director was questioning the audit firm as to why they had not identified this non-compliance with tax legislation.

To secure a pass in this part of the question,candidates would have had to:

understand that it is role of the management of Chuck Industries Co to ensure the operations of the entity are conducted in accordance with laws and regulations(this applies to tax legislation also)

appreciate that an auditor is not responsible for prevention of non-compliance with laws and regulations and is not expected to detect instances of non-compliance

acknowledge in the answer that it is the auditor’s responsibility to obtain reasonable assurance that the financial statements are free from material misstatement.To that end the auditor will take into account the legal and regulatory framework within which the entity operates

make reference to the auditor’s responsibility to consider those laws and regulations that have both a direct and an indirect effect on the determination of material amounts and disclosures in the financial statements.