Examen especial al componente inventarios de la empresa ESTUDIOS S.A del 1 al 30 de diciembre del 2021.

Abstract

The financial audit is a process whose objective is to evaluate the accounts and records that are carried out in an entity, in order to confirm the veracity of the information presented in the financial statements. For this reason, the audit process is considered an essential tool, since it helps the employees of a company to carry out their activities properly. In this process, a special examination can be carried out to evaluate a specific account, with the aim of verifying whether the transactions and economic facts are correctly registered. For this, the practical case to be developed is planned below, in which a special examination is requested of the inventory account of the company ESTUDIOS S.A., between June 1 to 30, 2021; For this, it is requested to evaluate the internal control of the entity; set the level of risk and confidence; determine the sample size. Prepare the analytical sheets; make adjustments and reclassifications; and submit the audited Statement of Financial Position, applying the non-experimental case study method.