What are pitfalls of Audit evidence?

1. Does not show the method, the basis for selecting samples
2. Check sketchy details or checked records, not fully compare with
relevant documents for selected operations.
3. The adequacy of expenses incurred has not been checked
4. Evidence has not been collected to determine the value and assess
the reasonableness of transactions
5. Procedures for checking the punctuality of sales and enterprise
management expenses, procedures for checking the punctuality of revenue
and cost prices that are not suitable compared to the frequency of arising
operations (for example, KTV checks the punctuality 5 days after the
closing date but in fact there may be expenses, revenue generated with a
frequency of 1 month/1 time)
6. Determine the missing amount of CIT payable because interest expense is not
excluded when calculating CIT. The amount of CIT payable increases to an
estimated greater than 10% of pre-tax profit (materiality rate). The audit opinion
may be subject to exception in relation to the under-recognition of CIT
expenses.
7. Allocate all interest expense to the income statement for the year instead of
allocating in a straight line method corresponding to the bond term or the actual
interest rate method as prescribed by the circular
200/2014/TT-BTC;
8. KTV has not recorded enough information in the working paper to be able to
evaluate more about the details and nature of the transaction, but only notes
about checking documents

Gợi ý nâng cấp từ vựng

Errors and Improvements:

"Check sketchy details or checked records" -> "Examine incomplete or insufficiently verified details or records"
Explanation: Replacing "sketchy details" with "incomplete or insufficiently verified details" and "checked records" with "records" maintains a formal tone and clarity while avoiding colloquial language.
"The adequacy of expenses incurred has not been checked" -> "The appropriateness of incurred expenses has not been assessed"
Explanation: "Adequacy" can be replaced with "appropriateness" for a more precise term in this context. Additionally, "checked" can be substituted with "assessed" to enhance the formality of the language.
"Evidence has not been collected to determine the value and assess the reasonableness of transactions" -> "Evidence has not been gathered to ascertain the value and evaluate the reasonableness of transactions"
Explanation: Using "gathered" instead of "collected" and "ascertain" instead of "determine" elevates the formality of the language. "Evaluate" is a more precise term than "assess" in this context.
"Procedures for checking the punctuality of sales and enterprise management expenses" -> "Procedures for verifying the timeliness of sales and enterprise management expenditures"
Explanation: Replacing "punctuality" with "timeliness" maintains formality and clarity. "Expenses" can be substituted with "expenditures" for a more formal term.
"Determine the missing amount of CIT payable because interest expense is not excluded when calculating CIT." -> "Ascertain the omitted CIT payable amount due to the non-exclusion of interest expenses in CIT calculation."
Explanation: "Determine" is replaced with "ascertain" for a more formal tone. "Missing amount" is substituted with "omitted amount" for precision, and "because" is replaced with "due to" for better flow.
"The audit opinion may be subject to exception in relation to the under-recognition of CIT expenses." -> "The audit opinion may be subject to qualification regarding the under-recognition of CIT expenses."
Explanation: "Exception" is replaced with "qualification" to align with standard audit terminology.
"Allocate all interest expense to the income statement" -> "Assign all interest expenses to the income statement"
Explanation: "Allocate" can be replaced with "assign" for a more precise and formal term.
"KTV has not recorded enough information in the working paper" -> "Insufficient information has been documented in the working paper by KTV"
Explanation: "Recorded" is replaced with "documented" for a more formal tone, and "enough" is replaced with "sufficient" for clarity.

Band điểm Task Response ước lượng: 5

Band Score for Task Response: 5 – UNDER WORD

Answer All Parts of the Question:
- Detailed explanation: The essay provides a comprehensive list of pitfalls related to audit evidence, covering various aspects such as sample selection, comparison with relevant documents, adequacy of expenses, determination of transaction value and reasonableness, procedures for checking punctuality, and allocation of interest expenses. Each point is addressed with specific examples or scenarios, demonstrating a good understanding of the topic.
- How to improve: While the essay covers a wide range of pitfalls, it could benefit from a more structured approach that explicitly addresses each part of the question. Providing a clear introduction that outlines the main areas of discussion and a conclusion that summarizes the key points can help improve the overall coherence and organization of the essay.
Present a Clear Position Throughout:
- Detailed explanation: The essay maintains a clear stance by focusing on the identification and discussion of pitfalls related to audit evidence. The author consistently highlights areas where improvements or corrective actions are needed, demonstrating a coherent position throughout the essay.
- How to improve: To further enhance clarity, the essay could explicitly state the author’s perspective or viewpoint on the significance of addressing these pitfalls in audit processes. This could be achieved through the inclusion of a thesis statement or a statement of purpose at the beginning of the essay.
Present, Extend, and Support Ideas:
- Detailed explanation: The essay effectively presents, extends, and supports ideas by providing specific examples and explanations for each identified pitfall. The inclusion of real-life scenarios, such as the example of interest expense allocation or the issue with CIT payable, enhances the depth of understanding and demonstrates a thorough analysis of the topic.
- How to improve: While the essay does a commendable job of presenting ideas, it could further extend the discussion by exploring potential consequences or implications of these pitfalls for auditing practices or organizational performance. Additionally, providing more detailed explanations or analyses for each point can strengthen the overall argumentation and support of ideas.
Stay on Topic:
- Detailed explanation: The essay generally stays on topic by focusing on pitfalls related to audit evidence, such as sample selection, expense adequacy, transaction value determination, and interest expense allocation. However, there are instances where the discussion becomes slightly tangential, such as the mention of circular 200/2014/TT-BTC.
- How to improve: To ensure greater focus and relevance to the topic, the essay should avoid delving into tangential issues or regulations unless directly related to the discussion of audit evidence pitfalls. Maintaining a tight thematic focus throughout the essay will enhance clarity and coherence.

Overall, while the essay demonstrates a strong understanding of the pitfalls of audit evidence and provides detailed examples to support its points, there is room for improvement in terms of organization, clarity, and maintaining focus on the central topic. By incorporating these suggestions, the essay can enhance its effectiveness and coherence, potentially achieving a higher band score.

Band điểm Coherence & Cohesion ước lượng: 6

Band Score for Coherence and Cohesion: 6

Organize Information Logically:
- Detailed explanation: The essay presents a list of pitfalls of audit evidence without a clear overarching structure. While each point addresses a specific issue, there is no discernible progression or logical flow from one point to the next. The lack of coherence makes it challenging for the reader to follow the essay’s argument effectively.
- How to improve: To enhance logical organization, the essay should begin with an introduction that outlines the main pitfalls of audit evidence to provide context for the discussion. Each subsequent point should then be presented in a logical sequence, building upon the previous one. Additionally, using transition words or phrases between points can help guide the reader through the essay’s structure more effectively.
Use Paragraphs:
- Detailed explanation: The essay lacks clear paragraphing, with all points presented in a single block of text. This lack of paragraph structure hinders readability and makes it difficult for the reader to distinguish between different ideas or arguments.
- How to improve: Breaking the essay into paragraphs would greatly enhance readability and clarity. Each paragraph should focus on a single point or idea, with a clear topic sentence to introduce the main concept. Additionally, using paragraph breaks to transition between different aspects of audit evidence pitfalls would help organize the essay more effectively.
Use a Range of Cohesive Devices:
- Detailed explanation: The essay lacks cohesive devices that would help connect ideas and improve the overall coherence of the text. While the points are presented sequentially, there is little use of cohesive devices such as transition words, pronouns, or repetition to link sentences and paragraphs together.
- How to improve: Incorporating cohesive devices throughout the essay can significantly improve coherence and cohesion. For example, using transition words like "furthermore," "however," or "conversely" can signal shifts between different points or ideas. Additionally, repeating key terms or concepts from one sentence to the next can help reinforce connections between ideas and improve overall clarity.

Band điểm Lexical Resource ước lượng: 6

Band Score for Lexical Resource: 6

Use a Wide Range of Vocabulary:
- Detailed explanation: The essay demonstrates a satisfactory range of vocabulary relevant to the topic of audit evidence pitfalls. Terms such as "methodology," "adequacy," "transactions," "materiality," and "working paper" are appropriately used. However, the vocabulary could be enriched further by incorporating more nuanced or specialized terminology specific to auditing processes.
- How to improve: To enhance the lexical resource, the writer should strive to incorporate a broader variety of vocabulary related to auditing, such as "sampling techniques," "verification procedures," "financial discrepancies," "compliance assessments," or "regulatory standards." This expansion would elevate the sophistication of the essay and demonstrate a deeper understanding of the subject matter.
Use Vocabulary Precisely:
- Detailed explanation: The essay generally utilizes vocabulary with precision, effectively conveying key concepts related to audit evidence pitfalls. For instance, terms like "sketchy details," "adequacy of expenses," "value determination," and "interest expense" are used accurately to articulate specific issues within the audit process. However, there are instances where the language could be more precise, such as in the description of audit procedures or regulatory requirements.
- How to improve: To enhance precision, the writer should strive for clarity and specificity in terminology usage. Instead of generic terms like "procedures for checking," they could specify the exact audit procedures or methodologies employed, such as "reconciliation procedures for revenue verification" or "compliance checks for interest expense allocation." This level of precision ensures that the reader fully grasps the intended meaning without ambiguity.
Use Correct Spelling:
- Detailed explanation: The essay demonstrates generally correct spelling throughout, with minimal errors observed. Most terms are spelled accurately, enhancing the overall readability and professionalism of the essay. However, there are a few instances of minor spelling errors, such as "punctuality" (should be "accuracy") and "straight line" (should be "straight-line").
- How to improve: To improve spelling accuracy, the writer should pay closer attention to detail during the proofreading process. Utilizing spell-check tools and dedicating additional time to review and revise the essay can help eliminate any remaining spelling errors. Additionally, familiarizing oneself with common auditing terminology and ensuring their correct spelling is essential for maintaining professionalism and credibility in the writing.

Overall, while the essay demonstrates competency in lexical resource, there is room for improvement in expanding vocabulary range, refining precision in terminology usage, and ensuring consistent spelling accuracy. By incorporating these suggestions, the writer can enhance the effectiveness and clarity of their communication on the pitfalls of audit evidence.

Band điểm Grammatical Range & Accuracy ước lượng: 6

Band Score for Grammatical Range and Accuracy: 6

Use a Wide Range of Structures:
- Detailed explanation: The essay predominantly employs simple sentence structures, with occasional compound sentences. There’s a lack of variety in sentence structures, resulting in a somewhat monotonous flow. For instance, most sentences are constructed subject-verb-object, with limited use of complex structures or rhetorical devices to enhance readability and engagement.
- How to improve: To enhance the grammatical range and readability of the essay, consider incorporating a broader variety of sentence structures. Introduce complex sentences, compound-complex sentences, and rhetorical devices such as parallelism or inversion to add depth and variety to your writing. For example, instead of solely relying on straightforward statements, experiment with using introductory phrases, subordinate clauses, or participial phrases to vary sentence structure and engage the reader more effectively.
Use Grammar and Punctuation Accurately:
- Detailed explanation: The essay demonstrates adequate grammatical accuracy overall, with minor errors in subject-verb agreement and punctuation. For example, there are instances where subject-verb agreement is not maintained consistently, and punctuation errors, such as missing commas in compound sentences, are observed.
- How to improve: To improve grammatical accuracy and punctuation skills, pay close attention to subject-verb agreement and consistency throughout the essay. Proofreading for punctuation errors, particularly in compound sentences, can help ensure clarity and coherence. Additionally, consider utilizing tools like grammar checkers or seeking feedback from peers to identify and correct grammatical inaccuracies effectively. Reviewing grammar rules and practicing sentence construction can also contribute to enhancing overall grammatical accuracy in writing.

Bài sửa mẫu

Audit evidence plays a pivotal role in ensuring the integrity and accuracy of financial assessments. However, several pitfalls can undermine its effectiveness.

Firstly, a lack of transparency regarding the method and basis for sample selection diminishes the reliability of audit findings. Without clear documentation of sample selection criteria, it becomes challenging to gauge the representativeness of the audited data.

Secondly, incomplete or insufficiently verified details and records pose significant risks to the audit process. Failure to thoroughly compare checked records with relevant documents can result in overlooked discrepancies and inaccuracies.

Furthermore, the adequacy of incurred expenses often remains unchecked, leaving room for potential errors or misstatements in financial reporting. It is imperative to assess the appropriateness of expenses to ensure compliance with regulatory standards.

Moreover, evidence collection is essential for determining the value and assessing the reasonableness of transactions. Without comprehensive evidence-gathering procedures, the reliability of audit conclusions may be compromised.

Additionally, procedures for verifying the timeliness of sales and enterprise management expenses must align with the frequency of operations. Deviations from established procedures can lead to inaccuracies in financial assessments.

Furthermore, the omission of interest expenses in corporate income tax (CIT) calculations can result in the under-recognition of tax liabilities. Failure to exclude interest expenses may inflate CIT payable amounts, potentially impacting financial statements’ accuracy.

To mitigate risks, auditors should allocate all interest expenses to the income statement in accordance with prescribed methods. Failure to adhere to regulatory guidelines may result in non-compliance and qualification of audit opinions.

Finally, meticulous documentation of audit procedures is crucial for evaluating transaction details and nature accurately. Inadequate record-keeping limits auditors’ ability to assess the reliability of financial data and draw meaningful conclusions.

In conclusion, addressing these pitfalls is essential for enhancing the effectiveness and reliability of audit evidence, ultimately strengthening financial transparency and accountability.