ACCA考试P8模拟测试题及答案解析

　　Question：It is common for auditors to prepare, at the commencement of an audit, a document whose primary purposes are to provide a record of:

　　(1) Major areas, particular difficulties and points of concern which are peculiar to the audit client and to which the auditors attach special significance.

　　(2) The auditors' proposed approach to these matters.

　　This document is commonly known as:

　　A. A management letter.

　　B. An audit completion checklist.

　　C. An engagement letter.

　　D. An audit planning memorandum.

　　The correct answer is: An audit planning memorandum.

　　The engagement letter is the contract between the auditor and the client where responsibilities are set down and the scope of the audit is agreed.

　　The audit completion checklist is normally used at the end of the audit and serves as a control document for the closing stages.

　　The management letter is a report at the end of the audit where the auditor feeds back on deficiencies identified during the audit.

　　Question：Which of the following matters would you expect to see covered in an internal audit report?

　　A. Key action points.

　　B. Distribution list of all personnel.

　　C. Summary of work outstanding.

　　D. Background to the assignment.

　　E. Disclaimer of liability.

　　F. Responses from management affected.

　　G. Major outcomes of the work.

　　The correct answers are: Major outcomes of the work; Key action points; Summary of work outstanding; Background to the assignment; Responses from management affected.

　　解析：These should all be covered in an internal audit report.

　　There would be no disclaimer of liability in an internal audit report. It is an internal report for the purposes of management and would not be made public externally of the company, and even to some parts of the company. Internal audit cannot themselves disclaim liability to the addressees of their reports, as they are answerable to them by virtue of their employment. In addition, as has just been suggested, internal audit reports will usually have a restricted audience even within the organisation, and therefore, although they will contain a distribution list, it is unlikely to cover all employees.