IMPROVING THE CURRENT STANDARD AUDITING PROCEDURE OF BAKER TILLY A&C AUDITING AND CONSULTING CO., LTD : CASE – ZIM INTEGRATED SHIPPING COMPANY
Le, Phat (2012)
Hämeen ammattikorkeakoulu
2012
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Julkaisun pysyvä osoite on
http://urn.fi/URN:NBN:fi:amk-2012100914264
http://urn.fi/URN:NBN:fi:amk-2012100914264
Tiivistelmä
The thesis is commissioned by Baker Tilly A&C Auditing and Consulting Co., Ltd, the biggest company in Vietnam in accounting and auditing services. Due to the rapid rising of globalization in Vietnam, there are many international companies and corporates are aiming to start their business in this very potential country. Therefore, the demand of auditing service is rising quickly together with new policies and international standard that need to be approached. Being aware of that, A&C Company believes that their standard procedure needs to be improved in order to fit with both current Vietnam’s policies and international standard.
The thesis contains four objectives. The first objective is to introduce the background of the audit including definition, categorize, principle and investigate the current audit procedure of A&C Company. The second objective of this thesis is to research the practical audit procedure through the case of ZIM Integrated Shipping Company. The third objective is to analyse both procedure to find the gaps between current standard procedure and the practical procedure. Finally, the suggestions on how to reduce the gaps will be provided in order to make the standard procedure become more realistic.
The result of this thesis is the success of ZIM project. The gaps between standard audit procedure of A&C Company and the practical audit procedure are also found out. Lastly, the recommendations of how to reduce the gaps are provided for the supervisor’s consideration in order to improve the standard procedure of the company.
The thesis contains four objectives. The first objective is to introduce the background of the audit including definition, categorize, principle and investigate the current audit procedure of A&C Company. The second objective of this thesis is to research the practical audit procedure through the case of ZIM Integrated Shipping Company. The third objective is to analyse both procedure to find the gaps between current standard procedure and the practical procedure. Finally, the suggestions on how to reduce the gaps will be provided in order to make the standard procedure become more realistic.
The result of this thesis is the success of ZIM project. The gaps between standard audit procedure of A&C Company and the practical audit procedure are also found out. Lastly, the recommendations of how to reduce the gaps are provided for the supervisor’s consideration in order to improve the standard procedure of the company.