Audit, in fact, is the independent examination of calculations and reporting of an economic enterprise to verify the accounting, as well as completeness of all of the operations in the account, the accuracy of accounts figures in the financial documents and records matching the legislation of the Russian Federation.
Comprehensive audit covers all the financial indicators of the company and is divided into different stages.The audit of production costs is an integral part of the mandatory audit of the enterprise as a whole.Indeed, in the course of the meeting identified weaknesses in the different stages of the production process of manufacturing products, as well as the types of expenses appear irrational, explored the best ways to reduce all types of costs, developed any hidden opportunities to increase profits.
audit of production costs conducted in accordance with the thematic programs, including the planning of the audit, assessment of audit risk in direct proportion to the general state of their own accounting and internal control at the company.Check
costs, or else the audit of production costs, primarily starts with the collection of information and study of the production process.This is followed by a continuous, selective or visual verification of all costs (attributable to the costs and not attributable).Along with these issues properly studied bookkeeping in general.
main points which are drawn to attention when an expert audit of production costs, are used accounting methods, the use of the estimated calculations for individual orders at various stages of the production process.The most important time of the audit of production costs and is the validity of the distribution of spending part of the reporting time periods.Evaluating the appropriateness of consumption of auxiliary materials (fuel, industrial oils, electricity, etc.) also plays an important role in monitoring.Checking the calculation of depreciation costs for fixed assets, the validity of the inclusion of non-material costs and low-value assets in the cost of goods manufactured is carefully studied and checked on the actual presentation of primary documents.
Verifying the payroll main operating personnel and support workers as part of the audit of production costs.In the process of transporting finished goods to the warehouses there are business expenses (packaging, advertising goods, travel, etc.).All these costs are also thoroughly cross-checked and verified.For indirect production costs also affect the pricing and the selling price of products manufactured by the company.
After testing the validity of referring to the cost of the expensive and detection accuracy of cost accounting, the expert (auditor) carefully studying the issues related to the tax base.It also verified the timeliness of the mutual enterprise with a budget of all mandatory taxes and charges.Audit and accounting costs of production is very valuable for the company, since its results will allow manager to reduce or even eliminate wasteful spending, minimize the cost of production in the future.The whole process of production to carry out proper planning, taking into account the residual amount of inventory in stock.To produce output, avoiding idle production capacity and, as a consequence, the emergence of unplanned expenditures on downtime basic working and support staff.
