What are the steps and aspects of hotel audit that need to be paid attention to?

ok, friend! I'll give you an answer:

Steps:

1. First, learn about the hotel, its accounting settings, whether the accounting treatment is timely, whether to open an account in the bank or a savings passbook. The quality of accountants, the owner's control over finance, especially the control of accountants or tellers over cash or bank deposits, and how to control assets, etc., are clearly understood and comprehensively analyzed to decide whether to accept the entrusted audit.

2. Decide to accept the entrustment and sign a business agreement (very important! )

3. Organize appropriate auditors and set up an audit team

4. After the audit, the senior manager or partner (preferably not involved in the audit) will make a final review and issue an audit report.

Aspects to be noted:

1. If the hotel does not open a bank account independently, or the owner uses a passbook to replace bank deposits, or the hotel's control over monetary funds is weak or chaotic.

2. If the situation is good, first sign a business engagement letter, stipulating the audit time range or report scope, and the hotel should provide necessary audit assistance, etc. Pay special attention to the fact that the agreed audit benchmark date is preferably the balance sheet date. If the entrusting party requests to audit to a certain date, but this date is not the balance sheet date, it is required to completely record the accounts to the benchmark date and prepare the balance sheet for that day. Because the balance sheet is a time table, the income statement may also be the income statement opened to the benchmark date.

3. The key point is to audit monetary funds (cash, bank deposits, etc.), and physical assets need to be counted.

4. Pay attention to auditing current accounts, especially accounts receivable, and be sure to confirm them.

5. Pay special attention to hotel cost accounting methods. Because hotels are characterized by operating fresh goods except tobacco and alcohol, cost accounting is particularly important.

In order to produce high-quality audit reports, pay special attention to some skills:

1. Do not inform the accountant in advance when making cash supervision inventory. During the physical supervision and inventory, our intention should not be too much to inform the other party, and we should send experienced auditors to those key areas to be investigated (such as high-grade tobacco and alcohol, expensive fish, etc.), so as not to let the novices who have just participated in the audit work go on, which may be suddenly visited by the other party;

3. It's best for auditors to personally or let the hotel staff accompany them in the confirmation of accounts receivable. Anyway, the final confirmation should be controlled by auditors.

4. More importantly, according to what we know, the management and control of hotels in those places are poor, so the risks are easy to appear. It is very important to send different auditors according to different situations and formulate different audit plans or procedures!