1. Melengkapi Tes dalam Siklus Penjualan Dan Pengaihan : Rekening Piutan
BAB 15

2. Menjelaskan Metodelogi Desain Rincian saldo menggunakan model audit resiko

3. Tujuan Audit rekening Piutang Yang berkaitan dengan Saldo Piutang
Detail tie-in
Accuracy
Realizable
value
Existence
Classification
Rights and
obligations
Completeness
Cutoff
Presentation
and disclosure

4. Metodelogi untuk desain Tes Rincian Saldo –Piutang Dagang
Identify client business risks
affecting accounts receivable.
Set tolerable misstatement
and assess inherent risk
for accounts receivable.
Assess control risk for sales
and collection cycle.

5. Metodelogi untuk desain Tes Rincian Saldo –Piutang Dagang
Design and perform tests of
controls and substantive tests
of transactions for sales and
collection cycle.
Design and perform analytical
procedures for accounts
receivable balance.

6. Metodelogi untuk desain Tes Rincian Saldo –Piutang Dagang
Design tests of details of
accounts receivable balance
to satisfy balance-related
audit objectives.
Design tests of details of
accounts receivable balance
to satisfy balance-related
audit objectives.
Audit procedures
Sample size
Sample size
Items to select
Timing

7. Hubungan Antara Siklus Penjualan Dengan Rekening Piutang
Accounts Receivable
Balance-Related
Audit Objectives
Detail tie-in
Existence
Completeness
Accuracy
Classification
Cutoff
Realizable
value
Rights
and disclosure
Presentation
Translation-Related
Audit Objectives
Sales
Existence ×
Completeness ×
Accuracy ×
Classification ×
Timing ×
Posting/Summary ×

8. Relationship Between Sales and Accounts Receivable
Balance-Related
Audit Objectives
Detail tie-in
Existence
Completeness
Accuracy
Classification
Cutoff
Realizable
value
Rights
and disclosure
Presentation
Translation-Related
Audit Objectives
Cash receipts
Existence ×
Completeness ×
Accuracy ×
Classification ×
Timing ×
Posting/Summary ×

9. Mendesain dan melaksanakan Prosedur Analitik Untuk Rekenig
Siklus Penjualan Dan Penagihan

10. Analytical Procedures for the Sales and Collection Cycle
Compare
Gross margin percentage with previous years
Sales by month over time
Sales returns and allowances as a percentage
of gross sales with previous years
by product line

11. Analytical Procedures for the Sales and Collection Cycle
Compare
Individual customer balances over a stated amount
Bad debt expense as a percentage of gross sales
Days that accounts receivable are outstanding
with previous years

12. Analytical Procedures for the Sales and Collection Cycle
Compare
Aging category as a percentage of receivables
Allowance for uncollectible accounts
as a percentage of accounts receivable
Charge-off of uncollectible accounts
as a percentage of total accounts receivable
with previous years

13. Selected Comparative Information
Percent Percent
2002 Change Change 2000
(000) (000) (000)
Sales
Gross margin
Accounts receivable
Bad debt expense (2.9)
Total assets (7.0)
Net earnings
Number of accounts
receivable

14. Analytical Procedures Sales and Collection Cycle
Gross margin/net sales % 27.7% 27.5%
Sales R&A/gross sales % % %
Bad debt expense/net sales % % %
Allowance for uncollectible
accounts/accounts receivable 6.1% % %
Number of days receivables
outstanding
Net accounts receivable/
current assets % 38.6% 36.0%

15. Design and Perform Tests of Details of A/R Balance (Phase III)
Planned detection risk for each
objective is an auditor’s decision.
Combining the factors that determine
planned detection risk is complex.

16. Analytical Procedures for Gross Margin
Gross Margin Percent
Client Industry Client Industry
Hardwood
Softwood
Plywood

17. Design and perform tests of details of balances for accounts
Learning Objective 3
Design and perform tests of
details of balances for accounts
receivable for each balance-
related audit objective.

18. Designing Tests of Detail of Balances
Aged trial balance
Recorded accounts receivable exist
Existing accounts receivable are included
Accounts receivable are accurate
Accounts receivable are properly classified

19. Designing Tests of Detail of Balances
Cutoff for accounts receivable is correct
Accounts receivable is stated at realizable value
The client has rights to accounts receivable
Accounts receivable presentation
and disclosures are proper

20. Obtain and evaluate accounts receivable confirmations.
Learning Objective 4
Obtain and evaluate accounts
receivable confirmations.

21. AICPA Requirements 1. Accounts receivable are immaterial.
2. The auditor considers confirmations
ineffective evidence because response
rates will likely be inadequate or unreliable.
3. The combined level of inherent risk and
control risk is low and other substantive
evidence can be accumulated to provide
sufficient evidence.

22. Type of Confirmation Positive confirmation Blank confirmation form
Invoice confirmation
Negative confirmation

23. Timing The most reliable evidence from confirmations is obtained when
they are sent as close to the balance
sheet date as possible, as opposed
to confirming the accounts several
months before year-end.

24. Sample Size Tolerable misstatement Inherent risk Control risk
Achieved detection risk from
other substantive tests
Type of confirmation

25. Selection of Items for Testing
When selecting a sample of accounts receivable
for confirmation, the auditor should be careful
to avoid being influenced by the client.

26. Selection of Items for Testing
If a client tries to discourage the auditor from
sending confirmation to certain customers,
the auditor should consider the possibility
that the client is attempting to conceal
fictitious or known misstatements of
accounts receivable.

27. Subsequent Cash Receipts
Evidence of the receipt of cash subsequent
to the confirmation date includes examining
remittance advices, entries in the cash receipts
records, or perhaps even subsequent credits in
the accounts receivable master files.

28. Duplicate Sales Invoices
These are useful in verifying
the actual issuance of a sales
invoice and the actual date
of the billing.

29. Shipping Documents These are important in establishing
whether the shipment was actually
made and as a test of cutoff.

30. Correspondence With the Client
Usually, the auditor does not need to review
correspondence as a part of alternative
procedures, but correspondence can
be used to disclose disputed and
questionable receivables not
uncovered by other means.

31. Analysis of Difference
Payment has already been made
Goods have not been received
The goods have been returned
Clerical errors and disputed accounts

32. Drawing Conclusions Reevaluate internal control.
Evaluate the qualitative nature of misstatements.
Determine whether sufficient evidence was obtained.

33. Design audit procedures for the audit of accounts receivable,
Learning Objective 5
Design audit procedures for the
audit of accounts receivable,
using an evidence planning
worksheet as a guide.

34. Source of Each Row in the Evidence Planning Worksheet
Tolerable
misstatement
Substantive tests
of transactions
results
Acceptable
audit risk
Planned detection
risk and planned
audit evidence
Inherent risk
Control risk

35. End of Chapter 15