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The Audit of Derivative Financial Instruments

 

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Bibliografski detalji
Autor: Mesén Figueroa, Vernor
Format: artículo original
Status:Versión publicada
Datum izdanja:2010
Opis:Derivatives have taken great relevance in Costa Rica during the past few years, mainly as a result of the “band system” to define the exchange rate. As it is a new product, it is important to be familiar with the international accounting standards, as well as Audit, which is what we are focusing on in this article. The Norm of the International Audit 1012, “Audit of derived Financial Instruments”, specifies required procedures to determine the financial instruments related to a company. This article evaluates each of these procedures, in order to provide an updated theoretical base to professionals who face the challenge to audit these new products as well as to carry out their work in agreement with the international standards.
Zemlja:Portal de Revistas UCR
Institucija:Universidad de Costa Rica
Repositorio:Portal de Revistas UCR
Jezik:Español
OAI Identifier:oai:portal.revistas.ucr.ac.cr:article/8626
Online pristup:https://revistas.ucr.ac.cr/index.php/reconomicas/article/view/8626
Ključna riječ:Auditoría
Derivados
Opciones
Futuros
Forwards
Swaps
Riesgo inherente
Riesgo de control
Pruebas de control y pruebas sustantivas
Audit
Derivative
Option
Financial futures
Forwards swaps
Inherent isk
Control risk
Control test
Substantive test