财务报告分析表

When using Trial Balance function within AS/2
Байду номын сангаас
When we are using the Trial Balance function of AS/2, we can make a direct link between the data entered in Trial Balance to this workbook: - Open the Trial Balance with the relevant data to copy - Go to the "Comparative View" (under View and then Balances) - Go to the appropriate level (for example "FS Lines"), by clicking on the tabs at the left-bottom of the screen - Right-click on the cell of the year and the row to copy and select "copy" - Go to this workbook and choose the proper white cell on tab "Balance sheet" or "Income statement" in the same column/year and click on it - Go to "AS/2 Tools" and select "Paste TB links" or just hit CTRL+ALT+L at the same time (Use the sum formula in the cells to summarize more then one "FS Lines" items or "Notes Lines"; Insert the links only once, next years use the "Update TB links" or CTRL+ALT+F9)
Preparer: [ Reviewer: [ Financial Statements Review Workbook
When using the entities balance sheet and income statement
] ] 2323: 2/2
When we want to use the reporting form as prepared by the entity, we can consider to add the tabs with these data to this workbook and make a link between the entities lay-out and the classifications used on the tabs "Balance Sheet" and "Income Statement". In this way we are able to perform the variance analysis on the financial line items as used within the entity and make use of the ratioanalysis by creating a link to the tabs "Balance Sheet" and "Income Statement".
The financial statements review differs in nature from substantive analytical procedures. For the financial statements review, our primary focus is to highlight and explain significant changes from the previous period in material financial statement captions and to satisfy ourselves that the information presented in the financial statements is consistent with our understanding of the entity and its environment and our audit evidence. As a result, the nature of the comparisons made, the rigor with which expectations of changes are developed, and the extent of analysis and investigation are not sufficient to provide substantive assurance. If new information or an indication of possible misstatement is revealed, additional audit evidence may be needed. In performing the financial statement review we perform the following: • Obtain financial and nonfinancial information • Compare the information • Analyze the results Obtain financial and nonfinancial information To perform the financial statements review, we obtain the current-period final draft financial statements prepared by the entity. We can ordinarily perform an adequate financial statements review using information aggregated at the financial statement level. Unless this is the entity’s first period of operation, we ordinarily obtain prior-period financial information presented in a format comparable to that of the current-period financial information. In some situations, we may also use nonfinancial information in comparing certain measures or relationships. We should plan to obtain audit evidence about the accuracy and completeness of information produced by the entity that is used by us in performing audit procedures. Tips in using this workbook To tailor this workbook to the financial statement line items used by the entity, we can consider the following:
Preparer: [ Reviewer: [ Financial Statements Review Workbook
] ] 2323: 1/2
Financial Statement Review workbook
The use of analytical procedures in financial statement review has four main objectives: • To determine that the financial statements are consistent with our understanding of the entity, our understanding of individual account balances or disclosures and relationships, and our audit evidence • To assess whether there are previously unrecognized risks of material misstatement due to fraud • To assess the appropriateness and completeness of the presentation of, and disclosures in, the financial statements • To determine that the overall presentation of the financial statements, including the related disclosures, is in accordance with the accounting policies and the applicable financial reporting framework. We perform analytical procedures to highlight and explain changes from previous periods in significant financial statement items and to demonstrate that the information presented in the financial statements is consistent with our understanding of the entity and its environment and our audit evidence. Because these analytical procedures are not designed to provide substantive assurance about the potential errors for the specific account balances or disclosures, they are not performed at the same level of detail as substantive analytical procedures.