2016年3月ACCA F8考试模拟题(二).docx

2016年3月ACCA F8考试模拟题(二)2016年ACCA将推出四个考季，为了方便大家更好地复习2016年3月ACCA F8考试，小编在百度文库定期传一些考试资料，如有其他需要可以访问财萃网。Substantive proceduresSubstantive procedures include analytical procedures and other procedures.Analytical procedures include the analysis of significant ratios and trends and subsequent investigation of any trends orrelationships that appear to be abnormal. These procedures can be used effectively in B-Star as an approximation ofincome that can be obtained from sources other than the cash receipt records.Other procedures, or tests of detail, are normally used to verify statement of financial position assertions and includeobtaining audit evidence relevant to specific assertions. However, they could be used in B-Star to trace individualtransactions through the sales/cash systems to ensure all ticket sales have been recorded (completeness assertion).(e) Letter to Mrs KeeferDer Mrs Keefer,Internal control issues within Global-bankI have been asked by the trustees of the Shalala Pension Fund to convey our expectations of you in respect of your roles andresponsibilities in internal controls. We very much regret the circumstances that have made this reminder necessary. In linewith the COSO recommendations, the trustees of the Shalala Pension Fund expect you to adopt four major responsibilities inrespect of overseeing internal controls in Global-bank.At the outset, the trustees of the Shalala Pension Fund would like to express their disappointment that you should suggest,as you did at the recent EGM, that the loss incurred by Mr Mineta was ‘genuinely unforeseeable’. From our reading of thesituation, you are highly complicit in the loss through your failure in respect of the company’s internal controls.Ultimately, it is the chief executive of any organisation who must assume final responsibility for all internal controls. It is youas CEO who must assume ‘ownership’ of the systems and this ownership must be a part of the manner in which you leadthe company. In particular, this