講義說明appendix2stock take report電源

SHINEWING(HK)CPALIMITEDPHYSICALSTOCKTAKINGREPORTClient 電源 31December2016ClientAddress:新青科技工業(yè)園內(nèi)Countlocation(s):新青科技工業(yè)園內(nèi)CountDate: Ourstaffin HugoLu,KylieTong,AlanChan,BrianTime ContactName(s)and 倉儲部主管Numberof nelengagedon /FaxClientstockcount

YES/NO YES/Natureofbusiness: BatterymanufacturingNatureofstock: ElectricbatterySpecificrisksidentified:N/ACount HighvaluePreliminarynumberof STOCKVALUE Raw Workin Finished CUT-OFF Goodsreceived5 Goodsreturned Sales Delivery STOCKSHEETS/TAGIssuedCONSIGNMENTConfirmationsent CONCLUSIONon DESCRIPTIONOF Priortoand/oronthedateatwhichwewillobservephysical1.ConsideranyitemsnotedinthePointsForwardfromtheprioryearwhichmayimpactonthecurrentyearstockcount,e.g.,highvalueitemsomitted,errorsfound,unitsofcount,count ConsidermattersidentifiedfromthepreliminaryyticalreviewanddiscussionswithmanagementNoteparticularlyanychangesinthenature,volumes,andlocationsofstock. Discusswithmanagementteraldetailsofthestockcount,includingthedatestiming,methodofstockverificationandnelinvolved.Iftherearemultiplelocations,determinethosewewillattendandobserveinventoriesandperformlastandconsiderwhethertheseproperlycoverallcontrolfeatures.4.Highlightthehighvalueareas/itemstoensurethatauditeffortisdirectedtowardsthese.Preselectitemsfortestcountingbasedonpreliminaryyticalreview,prioryearworkingpapersanddiscussionswithmanagement.Iftheclienthasreasonablyreliableperpetualremainreasonablystabletothedateofthephysicalcount,considermakingaselectionofitemsforsubsequenttestcountsfromthemostrecentperpetualrecords. Assesstheimpactonstocktakeauditproceduresofanyspecificidentifiedrisksidentifiedduringtheriskassessmentstage.6.DeterminetheinvolvementoftheInternalAuditdepartmentinthecount,andtowhatextentauditreliancecanbeplacedontheirwork.7.Iftherearesignificantinventoriesownedbytheclientbutheldbyothers,andifitisnotpracticabletoobservesuchinventories,prepare,orhavetheclientprepare,confirmationrequests.Mailtherequestsunderourcontrol.DESCRIPTIONOFB.Onthedateofourphysicalinventoryobservation,tourtheclient'sfacilitiesandbasedoninquiryandobservation,notethefollowing:Haveadequatestockcountinstructionsbeenissuedtostaff,oralternativelyhavetheybeenadequaybriefedastotheirWereclientofficialsinvolvedinthesupervisionofthecountcompetentandawareoftheirresponsibilities?WereclientofficialsindependentofthephysicalcontrolWasthecountplandesignedtoensureallstockwasincludedandnostockwascountedtwice?Werecut-offproceduresclearlyaddressed(e.g.,restrictionsorcontrolsoverreceiptsanddeliveriesduringthecount,thestopormonitoringofproductionduringthecount,closingoffprocedures,recordingoflastnumbers)?DidproceduresexisttoensureallcountsheetswereaccountedWhereweightingmachineswereused,werestepstakentoensuretheiraccuracy?Wasadoublecountmethodused?Ifnot,howdidtheclientensurethatthecountwasaccurate?Didcountprocedurespreventitemsbeingomittedorbeingcountedtwice?Werealllocationscoverebythe discrepanciesfollowedup?WereamendmentstocountsheetsproperlyDidcountersrecordobsolete,damagedorexcessiveDESCRIPTIONOFCUT-Wereclearcut-offpointsestablishedforsales,returns,productionandpurchases?Ensureinparticularthe WeremovementsofgoodsduringthecountproperlyWerestocksheldonbehalfofthirdpartiesidentifiedandappropriayexcludedfromthecount?Werecountsheets,tags,etc.adequaycontrolledandaccountedforbysequentialnumbering?blanklinesandsinthecountsheetsorrecords?WerealternationstothecountsheetsproperlyWeresrequestedfromthirdpartiesholdingstockontheclient'sbehalf? Concludeonwhetherthecountwasadequayperformed,andcanbereliedupon.Consideranymattersarisingfromtheabove,oranyotheritemsofanaddedvaluenaturewhichcanbeincludedintheManagementLetter.Wheretheanswertoanyquestionis“no”,makespecificcommentsastotheobservedprocedure.DESCRIPTIONOFOnthedateofourphysicalobservation,recordinvestingcounts,performtestcountsofinventoriesand:Detailthepopulationofstockcountsheets/tagsissuedandusedonattachedSchedule.2.Reviewthepreliminaryestimatesofstockvalue,andifreasonableperformtestcountsinaccordancewiththepre-plannedselection.IftestingwithAIC/manager/seniormemberofthestocktaketeam.3.Ifitemswerepreselectedforcountingfrompriorperpetualrecords(instepA.2above),countthepreselecteditemsandagreetiestotheclient'sperpetualinventoryrecords.Resolvediscrepanciespromptlybasedonsupportings,andnotethedispositionofsuch4.Ifitemswerenotpreselectedforcountingfrompriorperpetualrecords,makeaselectionofitemsfromtheclient'scountrecords(e.g.,perpetualrecords,counttags)andperformtestcounts.Resolvediscrepanciespromptlybasedonsupportingsandnotethedispositionofsuchdiscrepancies. theclient'scountrecords. Recordtheclient'ssystemofdeterminingthepercentageofcompletionforWorkinProgressandassessitsadequacyandreasonability. Identify,byobservationandenquiry,damaged,obsoleteandslow-movingstocks.Recorddetailson9/10.Obtaincopiesornotethedetailsofthefollowingsin8/10anddeterminewhethertheitemsincludedinthemwereexcludedfromorincludedinthephysicalcount:Thelatestreceivings(forpurchasesandsalesreturns)preparedbeforethecountThelatestships(forsalesandpurchasereturns)preparedbeforethecountIfavailable,th