ACCA 审计与认证业务CUT-OFF含义解释

来源: 正保会计网校编辑：小编 2020/03/18 12:04:33　字体：大小

【试题内容】

Audit software can be utilised to produce an aged inventory analysis to identify any slow moving goods, which may require write down or an allowance.
Cast the inventory listing to confirm the completeness and accuracy of inventory.
Audit software can be utilised to recalculate cost and net realisable value for a sample of inventory.
Audit software can be used to select a representative sample of items for testing to confirm net realisable value and/or cost.
CAATs can be used to confirm whether any inventory adjustments noted during the count have been correctly updated into final inventory records.
CAATs can be used to verify cut-off by testing whether the dates of the last GRNs and GDNs recorded relate to pre year end; and that any with a date of 1 January 2013 onwards have been excluded from the inventory records.

【解释】

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cut-off是指交易和事件能够被记录在正确的报告期间。也就是说当期发生的事情一定要记录在当期的报告中，而不是为了让报表好看或者其他目的，而记录在其他期间的报告中。主要在sales-receivable cycle同purchase-payable cycle做，目的是确transaction cutoff没有错(即是不可入错accounting period)Sales cut-off test是指要测试销售入账期是否入对。假设客户将应入当年度延至下一年度才入，利润及税收会减少。反之，将下年度销售提前入账会做大利润，给财务报表阅读者一个错觉，会引致多派股息、花红、税收。财务报表以反映当年正确业绩为目标，所以多入或少入都是不当，要予以更正。

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