Name: NIA 501 Evidencia de auditoría, consideraciones especificas para partidas seleccionadas
Uploaded: 2016-07-12T14:42:12.000Z
Duration: 8 min 42 s
Description: La norma internacional de Auditoria 501 expone las consideraciones específicas del auditor para obtener suficiente y apropiada evidencia de auditoria relacionada a los inventarios, litigios y reclamaciones, e in formación por segmentos, de acuerdo con las normas internacionales de auditoria 330, 500 y demás que sean relevantes. Para más información, visite: http://www.auditool.org

NIA 501 Evidencia de auditoría, consideraciones especificas para partidas seleccionadas

International Auditing Standards: Key Considerations

Overview of International Auditing Standard 501

The International Auditing Standard 501 outlines specific auditor considerations for obtaining sufficient and appropriate audit evidence related to inventories, litigation, claims, and segment information.

Objectives of the Auditor

The auditor must gather adequate evidence regarding the existence and condition of inventory, integrity of litigation and claims affecting the entity, as well as presentation and disclosure requirements.

Inventory Requirements

When inventory is significant in financial statements, auditors need to obtain sufficient evidence about its existence and condition through physical counts and evaluation of control procedures.

If an auditor cannot attend physical counts, they should use alternative procedures to ensure necessary evidence is obtained. This may include inspecting documentation related to subsequent sales of specific inventory items.

Third-party Inventory Responsibility

For inventories managed by third parties, auditors should request confirmation from these parties regarding the existence and condition of the inventory while performing necessary inspections.

Litigation and Claims Procedures

Auditors must design procedures to identify litigations and claims involving the entity that could represent material misstatement risks. This includes inquiries with management, reviewing minutes, relevant correspondence, and checking accrued legal expenses.

Written representations from management or corporate governance regarding known litigations and claims are essential for audit development.

Communication with Legal Counsel

If litigation risks are identified as material misstatement risks, auditors should communicate with the entity's legal counsel via written requests when possible under applicable laws. Additional audit procedures are required if responses are not received.

Segment Information Evidence