【会计师 Accountants／审计师 Auditors 联盟】

hemigami

我很不开心。。工做一年多
我学的真的很少
无所事事
请问你们知道那里有请人吗？
我是在medium firm 做的

francisbacon7

有人懂Gomez & co. 吗？它的culture,enviroment他如何？

claire1026

有没有人听过Monteiro &Heng??他的工作环境怎么样？
薪水，还有可不可以学到东西？？

火柴_天堂

原帖由 疯寻乐 于 9-6-2009 11:44 PM 发表
what should we test on discounted cash flow for assessment of  impairment of investment in un-quoted company ?

i believe you are supposed to first assess whether there are indicators of impairment, if there are, you can use a few methods to calculate the impairment charge, of which the discounted cash flow method is one of them

疯寻乐

what do you sugguest for indicators of impairment for investment in unquoted company?

龟龟龟

FRS 136

Para 12.         In assessing whether there is any indication that an asset may be impaired, an entity shall consider, as a minimum, the following indications:

External sources of information
(a)         during the period, an asset’s market value has declined significantly more than would be expected as a result of the passage of time or normal use.

(b)         significant changes with an adverse effect on the entity have taken place during the period, or will take place in the near future, in the technological, market, economic or legal environment in which the entity operates or in the market to which an asset is dedicated.

(c)         market interest rates or other market rates of return on investments have increased during the period, and those increases are likely to affect the discount rate used in calculating an asset’s value in use and decrease the asset’s recoverable amount materially.

(d)         the carrying amount of the net assets of the entity is more than its market capitalisation.

Internal sources of information
(e)         evidence is available of obsolescence or physical damage of an asset.

(f)         significant changes with an adverse effect on the entity have taken place during the period, or are expected to take place in the near future, in the extent to which, or manner in which, an asset is used or is expected to be used. These changes include the asset becoming idle, plans to discontinue or restructure the operation to which an asset belongs, plans to dispose of an asset before the previously expected date, and reassessing the useful life of an asset as finite rather than indefinite. (Once as asset meets the criteria to be classified as held for sale (or included in a disposal group that is classified as held for sale), it is excluded from the scope of this Standard and is accounted for in accordance with FRS 5 Non-current Assets Held for Sale and Discontinued Operations)

(g)         evidence is available from internal reporting that indicates that the economic performance of an asset is, or will be, worse than expected.

reekinv

最近老板给了我一间公司....这间公司每一年都会有很多的AJE 和RJE

看了一遍发现以下问题

1）Property,plant and equipment ,hire purchase creditor 的opening balance not tally with last year audited report...问accountant,他竟然不懂问题出在哪里.....

2)去年有一个amount owing to subsidiaries的balance,可是今年完全没有了这个account code，trial balance as at 31st Dec 08 变成了Amount owing by subsidiaries,然后这个account是有opening的，whereby 这个account在 07 年是完全没有closing balance 的，当问他们accountant时，他不能很清楚和立刻的告诉我发生什么事.....而是需要用一段很久的时间查个究竟。晕......

3) lack of documentation.....sales transaction 是整个月一次过post去ledger,然后ledger没有referrence...由于它的product主要是卖给holding company，accountant 说没有invoice 的,只是给了我们一个monthly sales report....可是好笑的是sales report 里每个月的sales又不tally with sales ledger 每个月的recognised sales....结果问它的accountant，他答我：“让我check check...这一check又不懂要几久了....

主要问题是以上的，还有很多有问题的area.....
如果accountant 不能够 给我让我信服的explaination,我需要帮他们 solve the problem 吗？
在practice,什么情况之下可以issue qualified audit report 的呢?

[ 本帖最后由 reekinv 于 25-6-2009 11:46 PM 编辑 ]

hemigami

how to provide the allowance for doubtful debt
1st : my senior asked to checked the amount owed more than 120days then minus the subequent balance for the account. the balance should be allowances for dobutful debt . then the double entries is Dr allowances for dobutful debt Cr debotor? am i correct

wilson86

做account的朋友
想问你们一下
由于公司去年的recording做到很烂
而我在公司去年的bank statement找到一些来历不明的钱，本来还有一些的，但是最后找下找下找回出来了
但是现在找到最后，还有3个找不到，又没人可以帮到我
我该如何??我很烦啦!!!

无意相遇

通常在这种情形下，我会把它credit或debit去other debtor或other creditor account。以后才慢慢找。目前不要再浪费时间。

Summer_kaze

報假數。。。。。

wilson86

原帖由 无意相遇 于 2-7-2009 04:03 PM 发表
通常在这种情形下，我会把它credit或debit去other debtor或other creditor account。以后才慢慢找。目前不要再浪费时间。

ok...谢谢你

原帖由 Summer_kaze 于 2-7-2009 04:35 PM 发表
報假數。。。。。

我宁愿不要做下去都不要犯法
tmd...是时候做青蛙跳了

someone_somewhe

投报 MACC

wilson86

什么来的？？
我还是新人...所以很多都不懂
大家多多指教

藤原丽紫

原帖由 wilson86 于 2-7-2009 03:59 PM 发表
做account的朋友
想问你们一下
由于公司去年的recording做到很烂
而我在公司去年的bank statement找到一些来历不明的钱，本来还有一些的，但是最后找下找下找回出来了
但是现在找到最后，还有3个找不到，又没人可 ...

为什么不要直接问老板呢？

wilson86

老板知道就好了

藤原丽紫

原帖由 wilson86 于 2-7-2009 06:57 PM 发表
老板知道就好了

连老板都不知道~看来这ACCOUNT真的很乱下~
薪水会高吗？如果很少就快点跑人吧

疯寻乐

Pull out immediately, inform your manager and partner. Our firm practice would be write an outstanding list email to client. Ask them to solve at first place, or auditor can not do work.

If client itself can not solve the problem. Your firm may charge a generous fee to help them.

疯寻乐

thanks for that, but mine case is a greenfield investment.

火柴_天堂

原帖由 hemigami 于 26-6-2009 10:06 AM 发表
how to provide the allowance for doubtful debt
1st : my senior asked to checked the amount owed more than 120days then minus the subequent balance for the account. the balance should be allowances for dobutful debt . then the double entries is Dr allowances for dobutful debt Cr debotor? am i correct

I believe you are supposed to vouch the subsequent receipts after year to determine the existence of the debtors.

Allowance for doubtful debt or provision for doubtful debt should be made only when the amount outstanding is doubtful, i.e. client is unable to pay up, which could arise when the debtor is facing financial difficulties, has liquidity problems, under judicial management, etc.
Being slow in payment doesn't mean the debtor is unable to pay up. What your senior told you was totally rule based and does not reflect business reality. Big clients may be given preferential treatment and have long credit terms. This shows that both you and your senior merely follow some rules without understanding  the company that you are auditing and did not do enough to understand the business model and its operations.