The audit of annual financial statements refers to the audit of the financial statements of the previous year entrusted by the enterprise (hereinafter referred to as financial audit). The audited statements are:

1, balance sheet

It reflects the maturity of enterprise assets, liabilities and capital. Long-term solvency, short-term solvency and profit distribution ability.

2. Income statement.

It reflects the income and expenses of the current enterprise and the amount and structure of gains and losses that should be included in the current profits.

3. Cash flow statement

It reflects the ins and outs of enterprise's cash flow and is divided into three parts: business activities, investment activities and fund-raising activities.

4. Statement of changes in unfair owners' equity.

Reflect the increase and decrease of the total owner's equity (shareholder's equity) of the enterprise in this period, including structural changes, especially the gains and losses directly included in the owner's equity.

5. Notes to the financial statements

Second, why do you need financial review? Which enterprises need financial audit?

1, the education industry, institutions and private non-enterprise units all need to report before March 3 1, and all need to put on record the audit report (generally there will be government procurement);

2. The financial industry fund association needs to issue an audit report for filing, which will be issued before May 3 1;

3. Bidding, bank loans, subsidy reports, etc. , depending on the situation of the enterprise;

4. Listed companies must conduct an annual review;

5. Most foreign-funded enterprises will report it, otherwise the credibility of reporting is not high;

6. Applying for high-tech enterprises and double-soft enterprises requires financial review.

Three. Use of audit report of financial statements

The purpose of the audit report includes the following aspects:

1 to improve the trust of prospective users in accounting statements;

2. In order to meet the needs submitted by internal and external users, it is usually provided to shareholders or investors, superior departments and government agencies of the company;

3, the needs of the relevant annual inspection. Such as: industrial and commercial bureau, foreign exchange administration, tax bureau, customs, finance bureau, commerce Committee, statistics bureau, etc.

4. Meet the needs of special purposes. For example, in the process of mergers and acquisitions, in order to avoid the financial and tax risks of the acquirer, a comprehensive financial due diligence investigation is carried out on the acquired enterprise.

Fourth, the financial statements audit process

1. The accounting firm conducts preliminary communication and understanding with the entrusting party, and determines the audit purpose, audit scope, audit fee, etc. And sign a business agreement;

2. The accounting firm arranges the project team and issues the list of materials prepared by the entrusting party for audit;

3. The auditee shall prepare relevant audit materials according to the data list and determine the on-site audit time.

4. On-site audit stage;

5. Review and summarize and form the first draft of the audit report;

6. Exchange opinions with the auditee;

7. Issue a formal audit report.

Verb (short for verb) When the report was published.

The audit time depends on the audit purpose, audit scope, accounting period involved in the project, audit workload and audit process of certified public accountants. , generally including on-site audit time and summary report time.

Small-scale companies can issue audit reports within one week, while large-scale, group companies and enterprises with more audit years will be slightly longer. The specific audit time is arranged according to the audit plan.

6. What information does the audit need?

A, paper copy data:

1, business license (three certificates in one), articles of association

2. Review the annual accounting statements and bank statements of each account in June 5438+February.

3. The audit report of the previous year (if it is not issued, only the accounting statement of the previous year is required) and the latest capital verification report of the company (if it has never been verified, it is not needed).

4. Fourth quarter enterprise income tax return, 65438+February value-added tax return (main table only), and annual tax payment certificate.

5, monthly tax payment book (tax audit)

6. Cash inventory table, inventory inventory table, fixed assets inventory table (the inventory table needs to be signed by the accounting or financial manager of the enterprise), long-term amortization table and intangible assets amortization table.

7. Fixed assets with vehicles must have vehicle driving licenses (vehicles are not required).

8. For short-term loans and long-term loans, the loan contract and bill receivable list shall be provided (if not required).

9. For long-term equity investment, the capital verification report (without capital verification), articles of association, industrial and commercial information and equity ratio of the invested entity shall be provided.

10, balance sheet and income statement of this year, balance sheet and income statement of last year.

1 1, lease contract.

12. Copies of some vouchers and attachments.

13. Financial registration certificate of foreign-invested enterprises (if any).

14. The management indicated that it was necessary to stamp (we provided, printed and stamped).

(The above information needs to be stamped with the official seal of the enterprise)

B, electronic version of information:

1. Review the annual report and final balance table, annual subsidiary ledger, chronological account and depreciation table of fixed assets.

7. What is the charging standard?

1. The charging base is the total assets at the end of the year;

2. Calculate expenses through differential rates and progressive segmentation.

3. 1 fiscal year, and continuous audit is calculated on an annual basis; For group enterprises, it is calculated separately.