Documente Academic
Documente Profesional
Documente Cultură
©2010 Prentice Hall Business Publishing, Auditing 13/e, Arens/Elder/Beasley 8-1 ©2010 Prentice Hall Business Publishing, Auditing 13/e, Arens/Elder/Beasley 8-2
©2010 Prentice Hall Business Publishing, Auditing 13/e, Arens/Elder/Beasley 8-3 ©2010 Prentice Hall Business Publishing, Auditing 13/e, Arens/Elder/Beasley 8-4
©2010 Prentice Hall Business Publishing, Auditing 13/e, Arens/Elder/Beasley 8-5 ©2010 Prentice Hall Business Publishing, Auditing 13/e, Arens/Elder/Beasley 8-6
©2010 Prentice Hall Business Publishing, Auditing 13/e, Arens/Elder/Beasley 8-7 ©2010 Prentice Hall Business Publishing, Auditing 13/e, Arens/Elder/Beasley 8-8
➢ Information technology
➢ Global operations
➢ Human capital
©2010 Prentice Hall Business Publishing, Auditing 13/e, Arens/Elder/Beasley 8-9 ©2010 Prentice Hall Business Publishing, Auditing 13/e, Arens/Elder/Beasley 8 - 10
©2010 Prentice Hall Business Publishing, Auditing 13/e, Arens/Elder/Beasley 8 - 13 ©2010 Prentice Hall Business Publishing, Auditing 13/e, Arens/Elder/Beasley 8 - 14
Strategies are approaches followed by the The client’s performance measurement system
entity to achieve organizational objectives. includes key performance indicators. Examples:
Auditors should understand client objectives. ➢ market share ➢ Web site visitors
➢ sales per employee ➢ same-store sales
➢ Financial reporting reliability ➢ unit sales growth ➢ sales/square foot
➢ Effectiveness and efficiency of operations Performance measurement includes ratio analysis
➢ Compliance with laws and regulations and benchmarking against key competitors.
©2010 Prentice Hall Business Publishing, Auditing 13/e, Arens/Elder/Beasley 8 - 17 ©2010 Prentice Hall Business Publishing, Auditing 13/e, Arens/Elder/Beasley 8 - 18
©2010 Prentice Hall Business Publishing, Auditing 13/e, Arens/Elder/Beasley 8 - 19 ©2010 Prentice Hall Business Publishing, Auditing 13/e, Arens/Elder/Beasley 8 - 20
©2010 Prentice Hall Business Publishing, Auditing 13/e, Arens/Elder/Beasley 8 - 21 ©2010 Prentice Hall Business Publishing, Auditing 13/e, Arens/Elder/Beasley 8 - 22
©2010 Prentice Hall Business Publishing, Auditing 13/e, Arens/Elder/Beasley 8 - 25 ©2010 Prentice Hall Business Publishing, Auditing 13/e, Arens/Elder/Beasley 8 - 26
©2010 Prentice Hall Business Publishing, Auditing 13/e, Arens/Elder/Beasley 8 - 27 ©2010 Prentice Hall Business Publishing, Auditing 13/e, Arens/Elder/Beasley 8 - 28
©2010 Prentice Hall Business Publishing, Auditing 13/e, Arens/Elder/Beasley 8 - 29 ©2010 Prentice Hall Business Publishing, Auditing 13/e, Arens/Elder/Beasley 8 - 30
©2010 Prentice Hall Business Publishing, Auditing 13/e, Arens/Elder/Beasley 8 - 31 ©2010 Prentice Hall Business Publishing, Auditing 13/e, Arens/Elder/Beasley 8 - 32
©2010 Prentice Hall Business Publishing, Auditing 13/e, Arens/Elder/Beasley 8 - 33 ©2010 Prentice Hall Business Publishing, Auditing 13/e, Arens/Elder/Beasley 8 - 34
Inventory turnover 3.4 3.5 3.9 3.4 Net sales $143,086 100.0 $131,226 100.0
Cost of goods sold 103,241 72.1 94,876 72.3
Gross margin 26.3% 26.4% 27.3% 26.2% Gross profit $ 39,845 27.9 $ 36,350 27.7
Selling expense 14,810 10.3 12,899 9.8
Administrative expense 17,665 12.4 16,757 12.8
Other 1,689 1.2 2,035 1.6
Earnings before taxes $ 5,681 4.0 $ 4,659 3.5
Income taxes 1,747 1.2 1,465 1.1
Net income $ 3,934 2.8 $ 3,194 2.4
©2010 Prentice Hall Business Publishing, Auditing 13/e, Arens/Elder/Beasley 8 - 35 ©2010 Prentice Hall Business Publishing, Auditing 13/e, Arens/Elder/Beasley 8 - 36