AUDIT PROGRAM

SUBJECT FINANCIAL AUDIT

CATEGORY CASH AND CASH EQUIVALENTS

A
SUBCUENTA:BANCOS

OBJECTIVE: TO VERIFY IF THE FUNDS AND DEPOSITS COMPLY WITH THE

CONDITIONS OF IMMEDIATE AVAILABILITY AND WITHOUT RESTRICTION IN
As for its use and destination.

PROCEDURES REF. FACT DATE OBSERVATIONS

P/T FOR:

GENERAL PROCEDURES

1.- Meet with the person in charge

of the area and officials of the
same, for the purposes of issuing the M.E.T.P 24/01/12
installation act as proof
A1
from the start of the audit work.

2.- Interview the staff

responsible, for the purpose of taking
knowledge of the entity and
obtain the following:

a) Legal and regulatory basis:

. Law of creation and regulations
that regulate their activity. A2 M.E.T.P 24/01/12
. Functional organizational chart
. Agreements y contracts
current of the period to
examine.
. Other contracts to examine.
b) Accounting information
. States financial
comparatives and analyzed
if I had them.
. Plan accounting general
business
. Accounting directives

PROCEDURES
SPECIFICS

1- Get directly from M.E.T.P 24/01/12

the banks
A3
balances
banking.

2- Get all the states

financial, stubs C.I M.E.T.P 24/01/12
deposit duplicates and
paid checks.

3- Count and make a list of

all matches in
cash and the values of
box.

Prepare a bank statement A4 M.E.T.P 07/02/12

of reconciliation.

5- If necessary, prepare a
second reconciliation with
dates after the closing A5 M.E.T.P 07/02/12
of social exercise.

6- Use the procedure of

examine the checks
paid.
M.E.T.P 14/02/12
7- Set the appropriate cut of
A6
the income and expenses.

8- Compare the daily entries

income with the slips
deposit duplicates, the
bank statements, invoices, A7 M.E.T.P 14/02/12
ribbons of machine
register, tickets of
sale, etc.

9- Examine the treatment given

to the paid checks A8 M.E.T.P 14/02/12
returned by the bank of
 the customers.

10-Obtain ratification of the

deposit slips in M.E.T.P 14/02/12
how much detail for a
A9
period that encompasses some
how many days before y
after the date of
closure of the local exercise.
A10 M.E.T.P 14/02/12

11-Compare all the checks

unpaid that there are in
existence with the data in A11 M.E.T.P 14/02/12
the referral lists of
cash and with the seats
in the revenue journal.
M.E.T.P 16/02/12
A12
12-Compare all the checks and A13 M.E.T.P 02/16/12
cash money in
existence with the heels
of deposit
corresponding and with the
MADE BY: M.E.T.P
bank statement.
FECHA: 24/01/12
13- Make a list of all the REVIEWED BY: E.T.B.
checks payable
extended to the bearer, to the FECHA: 24/01/12
order of the banks,
employees, staff and
others creditors
infrequent.

14-Make a list of all the

checks that take a long time
time in circulation
Investigate why it has not.
were charged.

15- Make a verification of

the special funds.
 16-Check the stocks of
funds in the branches
nationals and from abroad.

17-Investigate if there are overdrafts

banking.

18-According to the audit

of accounting.

Check the seat passes to

major general and to the accounts in
the greatest assistant; verify it
distribution of income and expenses
to the appropriate accounts of
income, amounts to collect, expenses,
amounts to be paid and others.
 AUDIT PROGRAM

SUBJECT FINANCIAL AUDIT

CATEGORY CASH AND CASH EQUIVALENTS

A
SUBACCOUNT: CASH

OBJECTIVE: VERIFY THE MANAGEMENT AND CONTROL OF CASH - CASH REGISTER

PROCEDURES REFERENCE. FACT DATE OBSERVATIONS

P/T FOR:

GENERAL PROCEDURES

1.- Meet with the person in charge

of the area and officials of the
same, for the purpose of issuing the M.E.T.P 24/01/12
installation certificate as evidence
A1
from the beginning of the audit work.

2.- Interview the staff

responsible, for the purpose of taking
knowledge of the entity and
obtain the following:

c) Legal and regulatory framework:

. Law of creation and regulations
that regulate their activity. A2 M.E.T.P 24/01/12
. Functional organizational chart
. Agreements y contracts
current of the period to
examine.
. Other contracts to examine.
d) Accounting information
. States financial
comparatives and analyzed
if I had them.
. Plan accounting general
business.
. Accounting directives
 PROCEDURES
SPECIFIC

Simultaneously control M.E.T.P 01/24/12

all the cash that is to
A3
counting oneself and all the values
negotiable securities.

C.I M.E.T.P 01/24/12

2- Count and make a list
of all the matches in the
background.

3- Obtain the signature of the

person under whose custody
the box is accusing
receipt of cash A4 M.E.T.P 07/02/12
justifiers.

4- Obtain approval for

written by a person A5 M.E.T.P 07/02/12
responsible for everyone
justifications of expense
amounts to collect and checks
of employees that there are in
the background.
M.E.T.P 14/02/12
A6
5- Reconcilie el fondo con el
cash account balance
in the major general in the
date of the balance sheet.

A7 M.E.T.P 14/02/12
6- Compare all the checks
from the bottom with the heels
corresponding of
deposit and with the state
banking.
A8 M.E.T.P 14/02/12

7- Examine the evidence

source of the disbursements
 and check the receipts
from the box with the receipt M.E.T.P 14/02/12
what the renewal covers
A9
background; inspect the
distributions y
approvals.

A10 M.E.T.P 14/02/12

8- Check the sums and the
side sums of the
renewal justifications
from the bottom.
A11 M.E.T.P 14/02/12

9- Compare the receipts of

renewal of the fund with the M.E.T.P 16/02/12
policy registration, the book
A12
of expenses, the book of A13 M.E.T.P 16/02/12
cash outflows or others
means.

MADE BY: M.E.T.P

10-Get from an official
responsible for the acceptance and
FECHA: 24/01/12
written approval of
any deficit in the fund. REVIEWED BY: E.T.B.

FECHA: 24/01/12
11-Get the ratification
directly from the
sellers and other staff
of the company of the
cash amount in the cash register
what they have in their possession of
end the social period.

12-If the audit takes place

after it is finished
social period, reconcile yourself
the account on the date when
I finish the social exercise.
 SUBJECT FINANCIAL AUDIT
AUDIT PROGRAM
A
CATEGORY FINANCIAL INVESTMENTS

SUBCUENTA:VALORES NEGOCIABLES

OBJECTIVE: TO VERIFY THE MANAGEMENT AND CONTROL COMING FROM

INVESTMENTS

PROCEDURES REFERENCE. FACT DATE OBSERVATIONS

P/T FOR:

GENERAL PROCEDURES

1.- Meet with the person in charge.

of the area and officials of the
same, for the purpose of issuing the M.E.T.P 01/24/12
installation record as evidence
A1
from the beginning of the audit work.

2.- Meet with the staff

responsible, for the purpose of taking
conocimiento de la entidad y
obtain the following:

e) Legal basis and regulations:

. Law of creation and regulations
that regulate their activity. A2 M.E.T.P 01/24/12
. Functional organizational chart
. Agreements y contracts
in force for the period to
examine.
. Other contracts to examine.
f) Accounting information
. States financial
comparatives and analyzed
if I had them.
. Plan accountable general
business.
. Accounting directives

PROCEDURES
SPECIFIC

1- Check the correction M.E.T.P 01/24/12

arithmetic of bills and see
A3
if the records match
assistants with the balances of
investment accounts in
the ledger. C.I M.E.T.P 01/24/12

2- Apply procedures
analytical.

3- Inspect and count the

values that are held in
existence. A4 M.E.T.P 07/02/12

4- Confirm values that act

in the power of third parties.
A5 M.E.T.P 07/02/12

5- Examine accounting entries

in investment accounts.

6- Recalculate the income M.E.T.P 14/02/12

for the interests of values.
A6

7- Review the documentation

regarding values of
market.
A7 M.E.T.P 14/02/12

8- Check presentation
in financial statements with
the provisions of the
principles of accounting
generally accepted. A8 M.E.T.P 14/02/12
9- Verify that the values are
stored in boxes of
company security? M.E.T.P 14/02/12
Or in the banks?
A9

10-The registration of values is

finds out of control
from who custodian A10 M.E.T.P 14/02/12
these values?

11-The values they are A11 M.E.T.P 14/02/12

registered in the name of the
company or duly
endorsed a her?
Check. M.E.T.P 16/02/12
A12
A13 M.E.T.P 16/02/12
12-The operations that are
they are carried out with the values.
They are authorized by the
directory manager of
MADE BY: M.E.T.P
finance or some other
person authorized? FECHA: 24/01/12
Verify.
REVIEWED BY: E.T.B.
13-The records of values. FECHA: 24/01/12
They contain enough detail
that allows in any
moment who complete
identification?

14- It is made of values a

periodic account by
surprise, by the auditors
internal u others
employees? Check.

15- The values are recorded to their

quotation stock market?
Verify.
 AUDIT PROGRAM

SUBJECT FINANCIAL AUDIT

CATEGORY CASH AND CASH EQUIVALENTS

A
SUBACCOUNT: CASH

OBJECTIVE: VERIFY THAT THEY ARE THE PROPERTY OF THE COMPANY, THAT
EXIST, ARE IN USE, AND HAVE AN APPROPRIATE VALUATION.

PROCEDURES REF. FACT DATE OBSERVATIONS

P/T FOR:

GENERAL PROCEDURES

1.- Meet with the person in charge

of the area and officials of the
same, for the purposes of issuing the M.E.T.P 01/24/12
installation record as proof
A1
from the start of the audit work.

2.- Interview with the staff

responsible, for the purpose of taking
knowledge of the entity and
obtain the following:

g) Legal and regulatory basis:

. Law of creation and regulations
that regulate their activity. A2 M.E.T.P 24/01/12
. Functional organizational chart
. Agreements y contracts
in force for the period to
examine.
. Other contracts to examine.
h) Accounting information
. States financial
comparatives and analyzed
if I had them.
. Plan accounting general
business.
. Accounting directives
PROCEDURES
SPECIFIC

1- State a formula M.E.T.P 24/01/12

detailed of the
A3
composition of each
account.

C.I M.E.T.P 24/01/12

2- Justify and prepare a
status of the charges and
payments made to the
account.

3- Examine or analyze the

expense accounts
related by A4 M.E.T.P 07/02/12
depreciation.

4- Examine the data about

obligations A5 M.E.T.P 07/02/12
related to the
assets.

5- Prepare relationships of
depreciation per each M.E.T.P 02/14/12
field and relate them to
A6
the expenses.

6- Check the rates of

depreciation, the
calculations and reservations.
A7 M.E.T.P 14/02/12

7- Investigue y haga una

list of the insurances and the
coverage sufficiency
comparing this with A8 M.E.T.P 14/02/12
the book balances.
8- Check that it is
account for the losses M.E.T.P 14/02/12
or profits from the sale
A9
of the asset.

9- Examine the treatment

of the withdrawn asset or A10 M.E.T.P 02/14/12
sold.

10-Verify the correctness A11 M.E.T.P 14/02/12

arithmetic of receipts and
make sure that it exists
agreement between the
auxiliary registry with the M.E.T.P 16/02/12
account balances
A12
of the fixed asset of the book A13 M.E.T.P 16/02/12
mayor.

11-Apply procedures
MADE BY: M.E.T.P
analytical.
FECHA: 24/01/12
12-Inspect the REVIEWED BY: E.T.B.
additions to the plant.
FECHA: 24/01/12

13-Examine documents
of title of property and
contracts of
lease.

14-Examine the additions

to fixed assets.

15-Inspect the sales

of fixed assets.

16-Analyze entries that

they affected the account of
 depreciation
accumulated.

17-Review the seats that

they affected the account of
depreciation
accumulated.

18-Check the
presentation of states
financial with the
principles of
accounting
generally
accepted.