AUDIT PROCEDURES FOR CASH AND CASH EQUIVALENT AT THIEN

LONG-T.D.K AUDITING AND VALUATION COMPANY LIMITED

CHAPTER 1: OVERVIEW OF THIEN LONG-T.D.K AUDITING AND
VALUATION COMPANY LIMITED
1.1. The establishment and development of Thien Long-T.D.K Co.,LTD
1.2. Major function and business activities
1.3. Organization structure and resources organization in the company
1.4. Business performance of the previous period
CHAPTER 2: AUDIT PROCEDURES FOR CASH AND CASH EQUIVALENT
AT THIEN LONG-T.D.K AUDITING AND VALUATION COMPANY LIMITED
1.1. Audit planning of cash and cash equivalents at Thien Long-T.D.K Co., LTD
The Board of Directors identified the reason for the auditing of the client’
company to assess the ability to accept the audit. An appropriate team of auditors with an
Audit manager were appointed. The Board of Director then signed an audit contract with
the clients. At the planning stage of audit Cash and Cash equivalent audit, as well as for
other financial statements line items, the auditors shall focus mainly on the following
performances:
Gather general information and knowledge about the audited company: Various
things need to be put into consideration: the type of business, the source of funding, the
related banks, the main products and services, the business activities, the business
position, the shareholders and board of directors, the branched, the accounting system
and internal controls process,..
Assess the risk of material misstatement:
1.2. Audit execution of cash and cash equivalents at Thien Long-T.D.K Co., LTD
1.2.1. General procedures
The auditor checks the consistency of application of accounting policy compared
to the last year’s record and the appropriate current framework of making and presenting
financial statements.
The company in this working paper operates in the file of construction.
 1.2.2. Analytical procedures
1.2.3. Test of detail of the balance
1.3. Audit completion of cash and cash equivalents at Thien Long-T.D.K Co., LTD
1.4. Assessment
1.4.1. Strengths
1.4.2. Weakness
CHAPTER 3: RECOMMENDATION TO IMPROVE AUDIT PROCEDURES
EFFICIENCY FOR CASH AND CASH EQUIVALENT AT THIEN LONG-T.D.K
AUDITING AND VALUATION COMPANY LIMITED