英语翻译Auditors seek information and perform procedures during

英语翻译Auditors seek information and perform procedures during the planning,risk assessment and determination of the audit approach for the audit of a company.The information sought includes that relating to:• the entity's organisational structure,business and controls • past misstatements and whether or not they were corrected on a timely basis (beware of changes in the entity and its environment that would render this historical information irrelevant) • the environment in which the financial statements are prepared • litigation compliance with laws and regulations,knowledge of fraud or suspected fraud affecting the entity,post-sales obligations,arrangements (eg joint ventures) with business partners,warranties and the meaning of contract terms • information relating to changes in the entity's marketing strategies,sales trends,or contractual arrangements with customers • the design and effectiveness of the entity's internal control and whether management has satisfactorily responded to any findings from these activities • the appropriateness of the selection and application of certain accounting policies.The procedures to be performed include:• inquiries of management and others within the entity • analytical procedures • observation and inspection • any other procedures where the information obtained may be helpful in identifying risks of material misstatements.