题目内容
（请给出正确答案）
Financial statements are used only by the outsiders of a firm.
A．Right
B．Wrong
C．Doesn't say
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更多“Financial statements are used …”相关的问题
W: First, financial statements are general-purpose statements. Secondly, the relationships between amounts on successive financial statements are not obvious without analysis. And thirdly, users of financial statements may be interested in seeing how well a company is performing.
Q: What are they talking about？
(17)
A．The methods of financial statements.
B．The necessity of careful analysis of financial statements
C．The relationship among financial statements.
D．The purpose of financial statements.
3 (a) Financial statements often contain material balances recognised at fair value. For auditors, this leads to additional
audit risk.
Required:
Discuss this statement. (7 marks)
Financial statements include balance sheet, income statement and cash flow statement.
A．Right
B．Wrong
C．Doesn't say
(b) Discuss the relative costs to the preparer and benefits to the users of financial statements of increased
disclosure of information in financial statements. (14 marks)
Quality of discussion and reasoning. (2 marks)
6 Proposed ISA 600 (Revised and Redrafted) The Audit of Group Financial Statements is likely to substantially increase
the formal requirements in the area of group audits.
Required:
(a) Outline the significant issues that are being addressed in the IAASB’s project on group audits. (5 marks)
A、was shall pay
B、am will pay
C、were would pay
A.5.1%
B.4.7%
C.6.6%
D.6%
4 (a) The purpose of ISA 510 ‘Initial Engagements – Opening Balances’ is to establish standards and provide guidance
regarding opening balances when the financial statements are audited for the first time or when the financial
statements for the prior period were audited by another auditor.
Required:
Explain the auditor’s reporting responsibilities that are specific to initial engagements. (5 marks)
(b) Discuss how management’s judgement and the financial reporting infrastructure of a country can have a
significant impact on financial statements prepared under IFRS. (6 marks)
Appropriateness and quality of discussion. (2 marks)
12 Which of the following statements are correct？
(1) Contingent assets are included as assets in financial statements if it is probable that they will arise.
(2) Contingent liabilities must be provided for in financial statements if it is probable that they will arise.
(3) Details of all adjusting events after the balance sheet date must be given in notes to the financial statements.
(4) Material non-adjusting events are disclosed by note in the financial statements.
A 1 and 2
B 2 and 4
C 3 and 4
D 1 and 3
