PARTIV Chapters 17-22 APPLICATION OF THE AUDIT PROCESS TO OTHER CYCLES Pens, Logbbecke; Imiting, 3/ @2000 Premie lall Ine
Arens, Loebbecke; Auditing, 8/E ©2000 Prentice Hall, Inc. PART IV Chapters 17-22 APPLICATION OF THE AUDIT PROCESS TO OTHER CYCLES
AUDIT OF THE PAYROLL AND PERSONNEL CYCLE 动们 “ Simply Follow Orders y The staff Auditor must nevel Loebbecke, Auditing, 8/E 2000 Prentice Hall. In
Arens, Loebbecke; Auditing, 8/E ©2000 Prentice Hall, Inc. AUDIT OF THE PAYROLL AND PERSONNEL CYCLE The Staff Auditor Must Never “Simply Follow Orders
ACCOUNTS AND TRANSACTIONS IN THE PAYROLL AND PERSONNEL CYCLE The overall objective in the audit of the payroll and personnel cycle is to evaluate whether the account balances affected by the cycle are fairly stated in accordance with generally accepted accounting principles. Arens, Loebbecke, Auditing, 8/E 2000 Prentice Hall. In
Arens, Loebbecke; Auditing, 8/E ©2000 Prentice Hall, Inc. ACCOUNTS AND TRANSACTIONS IN THE PAYROLL AND PERSONNEL CYCLE The overall objective in the audit of the payroll and personnel cycle is to evaluate whether the account balances affected by the cycle are fairly stated in accordance with generally accepted accounting principles
BUSINESS FUNCTIONS IN THE CYCLE AND RELATED DOCUMENTS AND RECORDS The payroll and personnel cycle begins with the hiring of personnel and ends with payment to the employees for the services performed and to the government and other institutions for the withheld and accrued payroll taxes and benefits. Loebbecke, Auditing, 8/E @2000 Prentice Hall.Inc
Arens, Loebbecke; Auditing, 8/E ©2000 Prentice Hall, Inc. BUSINESS FUNCTIONS IN THE CYCLE AND RELATED DOCUMENTS AND RECORDS The payroll and personnel cycle begins with the hiring of personnel and ends with payment to the employees for the services performed and to the government and other institutions for the withheld and accrued payroll taxes and benefits
IPerson Employinent ° Personnel records Deduction Authorization form Rate Authorization form Loebbecke, Auditing, 8/E 2000 Prentice Hall. In
Arens, Loebbecke; Auditing, 8/E ©2000 Prentice Hall, Inc. • Personnel Records • Deduction Authorization Form • Rate Authorization Form