- •6.050106 “Облік і аудит” для студентів іі курсу
- •6.050106 “Облік і аудит” для студентів іі курсу
- •Передмова
- •Lesson 1 the reading module
- •I. Reading Exercises:
- •The speaking module
- •II. Speaking Exercises:
- •The writing module
- •III. Writing exercises:
- •Such as; also; of; about; for.
- •Lesson 2 the reading module
- •I. Reading Exercises:
- •The speaking module
- •II. Speaking Exercises:
- •The writing module
- •III. Writing exercises:
- •About; of; in; with; in accordance; of.
- •Lesson 3 the reading module Read the text: What is an audit?
- •What an Auditor Does
- •I. Reading Exercises:
- •The speaking module
- •II. Speaking Exercises:
- •The writing module
- •III. Writing exercises:
- •To; of; as a whole; to; of; as to.
- •Lesson 4 the reading module
- •I. Reading Exercises:
- •The speaking module
- •II. Speaking Exercises:
- •The writing module
- •III. Writing exercises:
- •Who; from; of; who; to; and.
- •Lesson 5 the reading module
- •I. Reading Exercises:
- •The speaking module
- •II. Speaking Exercises:
- •The writing module
- •III. Writing exercises:
- •Of; with; and; of; and
- •Lesson 6 the reading module
- •I. Reading Exercises:
- •The speaking module
- •II. Speaking Exercises
- •The writing module
- •III. Writing exercises:
- •In; of; on; in order to; by
- •Lesson 7 the reading module Read the text: Concept of audit risk
- •Audit risk concepts
- •I. Reading Exercises:
- •The speaking module
- •II. Speaking Exercises:
- •The writing module
- •III. Writing exercises:
- •Of; as; always; except for; and; in; due to; of; of.
- •Lesson 8
- •The reading module
- •Read the text: Components of audit risk. Audit risk model
- •Components of audit risk
- •Audit risk model
- •I. Reading Exercises:
- •The speaking module
- •II. Speaking Exercises:
- •The writing module
- •III. Writing exercises:
- •Lesson 9 the reading module
- •Audit stages
- •I. Reading Exercises:
- •The speaking module
- •II. Speaking Exercises:
- •The writing module
- •III. Writing exercises:
- •Lesson 10 the reading module Read the text: Concept of cognitive decision making
- •Audit activities
- •I. Reading Exercises:
- •The speaking module
- •II. Speaking Exercises:
- •The writing module
- •III. Writing exercises:
- •Of; as; in; to; set of; with; of; in
I. Reading Exercises:
Exercise 1. Read and memorize using a dictionary:
assertions, inter alia, audit evidence, reliability, inherent, credibility, communicate, scope, shareholders, lenders, borrowers, misstatement, valid |
Exercise 2. Answer the questions:
1) When are financial statements considered “reliable”?
2) How does the auditor “communicate” the results of the audit?
3) What groups do financial statement “users” include?
4) How can all misstatements be categorized?
Exercise 3. Match the left part with the right:
1. Financial statements are
|
a) the results of the audit through the audit report. |
2. The auditor “communicates” |
b) such groups as shareholders, suppliers, customers, lenders, borrowers, potential investors, and regulatory authorities. |
3. Financial statement “users” include
|
c) that the financial statements do not contain any material misstatements. |
4. Management impliedly asserts |
d) simply a collection of assertions. |
Exercise 4. Open brackets choosing the right words:
The objective may be (defined/expanded) to gather and evaluate audit evidence of sufficient quantity and appropriate quality in order to (point/form), and (offer/communicate) to the users of the financial statements, an opinion on the reliability of the assertions of management inherent in those financial statements for the purpose of adding credibility to those assertions.
The speaking module
II. Speaking Exercises
Exercise 1. Describe financial statements; auditor’s opinion; misstatements using the suggested words and expressions:
financial statements are considered, “reliable”, material respects, complete, valid, accurate
|
auditor’s opinion reliability, assertions, be communicated, users, statements
|
misstatements be categorized, categories, completeness, validity, accuracy
|
Exercise 2. Ask questions to the given answers:
1) Question: ___________________________________________ ?
Answer: Financial statements are reliable when they contain no material misstatements.
2) Question: ___________________________________________ ?
Answer: Auditors perform an audit so as to add credibility to management's inherent assertions included in the financial statements.
3) Question: ___________________________________________ ?
Answer: A misstatement of validity occurs when the information includes an item that should not be included.
4) Question: ___________________________________________ ?
Answer: A misstatement of accuracy occurs when the information includes an item that should be included.