scholarly journals 4.1. Sectoral features of analytical procedures in the audit of receivables and payables of the aluminum industry organization

2020 ◽  
Author(s):  
С.В. Колесников ◽  
Н.Б. Клишевич ◽  
Г.А. Юдина ◽  
М.А. Клишевич
Keyword(s):  
Aluminum Industry ◽  
Financial Statements ◽  
Risk Classification ◽  
Industry Organization ◽  
Analytical Procedures ◽  
The Aluminum Industry

Работа посвящена аналитическим процедурам в аудите дебиторской (ДЗ) и кредиторской (КЗ) задолженностей для организаций алюминиевой отрасли. Целью исследования является адаптация аналитических процедур в аудите ДЗ и КЗ с учетом рисков и отраслевой специфики. Задачи исследования: раскрытие специфики ДЗ и КЗ, а также специфики алюминиевой отрасли и ее влияния на бухгалтерскую (финансовую) отчетность, классификация рисков для выявления проблемных мест. The work is devoted to analytical procedures in the audit of receivables (hereinafter-AR) and payables (hereinafter – AP) for organizations of the aluminum industry. The purpose of the study is to adapt analytical procedures in the audit of AR and AP taking into account the risks and industry specifics. Research objectives: disclosure of the specifics of the AR and AP, as well as the specifics of the aluminum industry and its impact on accounting (financial) statements, risk classification to identify "problem areas".

On the effect of the periodicity of diagnostic measurements on improving the reliability of high-voltage transformers

2019 ◽  
Vol 12 (1) ◽  
pp. 18-21
Author(s):  
V. A. Tikhonov
Keyword(s):  
Service Life ◽  
High Voltage ◽  
Chromatographic Analysis ◽  
Aluminum Industry ◽  
Early Stage ◽  
Diagnostic Methods ◽  
Transformer Oil ◽  
Operating Voltage ◽  
Dissolved Gases ◽  
The Aluminum Industry

The influence of the periodicity of diagnostic measurements on the operational state of high-voltage transformers is considered. Examples of defects of switching devices of converter transformers and methods for their detection are given. The rationale for the importance of recognition of defects at an early stage of their occurrence is given. The influence of the multiplicity of overvoltages on the service life of converter transformers in the aluminum industry is investigated. Based on the analysis of the service life of converter transformers of one of the powerful aluminum plants, where 83% of converter transformers have exhausted their standard service life, it is shown that in 40% of cases it would be possible to avoid their failures, with timely detection and elimination of emerging defects. Examples of defects of OLR (on-load regulators) of converter transformers and methods for their detection are given. The importance of recognition of defects at an early stage of their occurrence is substantiated. A method for chromatographic analysis of dissolved gases in transformer oil has been developed for the qualitative determination of defects and ways to eliminate them. Examples of diagnostics of converter transformers at operating voltage and working load are given, providing the best quality operational characteristics of converter transformers. The periodicity of diagnostic measurements and the reduction of defects and failures has been substantiated. The question of diagnosing the state of the converter transformer TDNP-40000/10 at an enterprise of the aluminum industry is investigated. Currently, diagnostic methods are being developed based on chromatographic analysis of dissolved gases in transformer oil. The presented method of evaluating the operating parameters of transformers allows for the safe operation of high-voltage transformers and enables to increase the reliability of the power supply scheme of aluminum industry plants.

scholarly journals Compaction of Cohesive Granular Material: Application to Carbon Paste

Materials ◽  
2021 ◽  
Vol 14 (4) ◽  
pp. 704
Author(s):  
Zahraa Kansoun ◽  
Hicham Chaouki ◽  
Donald Picard ◽  
Julien Lauzon-Gauthier ◽  
Houshang Alamdari ◽  
...  
Keyword(s):  
Numerical Simulation ◽  
Mechanical Behavior ◽  
Aluminum Industry ◽  
Frequency Effect ◽  
Strain Rates ◽  
Cyclic Tests ◽  
Carbon Paste ◽  
Rheological Models ◽  
Softening Behavior ◽  
The Aluminum Industry

Carbon-like materials such as the anode and the ramming paste play a crucial role in the efficiency of the Hall–Héroult process. The mechanical behavior of these materials during forming processes is complex and still ill-understood. This work aimed to investigate experimentally the mechanical behavior of a carbon paste used in the aluminum industry under different loading conditions. For this purpose, experiments consisting of (1) relaxation tests at different compaction levels, (2) quasi-static cyclic tests at several amplitudes, (3) monotonic compaction tests at varied strain rates, and (4) vibrocompaction tests at different frequencies were carried out. The obtained results highlight some fundamental aspects of the carbon paste behavior such as the strain rate’s effect on the paste compressibility, the hardening-softening behavior under cyclic loadings, the effect of cycling amplitude on the stress state and the paste densification, and the frequency effect on the vibrocompaction process. These results pave the way for the development of reliable rheological models for the modeling and the numerical simulation of carbon pastes forming processes.

Binders for Carbon Electrodes in the Aluminum Industry

1955 ◽  
Vol 47 (7) ◽  
pp. 1412-1415 ◽  
Author(s):  
L. P. Charette ◽  
G. T. Bischofberger
Keyword(s):  
Aluminum Industry ◽  
Carbon Electrodes ◽  
The Aluminum Industry

Analytical procedures in the audit of non-state medical institutions

2021 ◽  
pp. 49-54
Author(s):  
E. I. Efremova
Keyword(s):  
Financial Statements ◽  
Maximum Efficiency ◽  
Medical Institutions ◽  
Analytical Procedures

The relevance of the study of the problems of applying analytical procedures in the audit of financial statements of non-state medical institutions is due to the increasing requirements for auditors: since we work in one of the most difficult and uneven economic climates in our time, audit is becoming an even more important guarantor of stability than ever before. The advantage of using analytical procedures is that they help to minimize audit costs and allow you to use the resources limited under the contract with maximum efficiency. The importance of applying analytical procedures is also due to the increase in the number of services provided by audit companies, such as consultations, etc.

scholarly journals The use of analytical procedures by Yemeni auditors

2015 ◽  
Vol 12 (2) ◽  
pp. 17-25
Author(s):  
Shamharir Abidin ◽  
Mohammed Abobaker Baabbad
Keyword(s):  
Financial Statements ◽  
Audit Firms ◽  
Analytical Review ◽  
Analytical Procedures

This study sets out to investigate the extent to which Yemeni auditors use analytical review procedures during the audit of client’s financial statements. It also examines the stage of auditing procedure in which Yemeni auditors implement analytical review procedures. Moreover, the study determines the relationships between the importance’s factors and the use of analytical review procedures. The findings of the study have indicated that the Analytical Procedures were utilized on high percentage by audits in larger and high experienced audit firms compared to small and low experienced audit firms where the results have shown low percentage. Nevertheless, the role of auditors’ perception towards Analytical Procedures has proved to have a significant effect of usage of Analytical Procedures

scholarly journals Disclosure and Audit Implications of Nonfinancial Measures: A Teaching Case

2018 ◽  
Vol 12 (1) ◽  
pp. I1-I13 ◽  
Author(s):  
Matthew L. Hoag ◽  
Gabriel D. Saucedo
Keyword(s):  
Financial Statements ◽  
Risk Assessments ◽  
Microsoft Excel ◽  
Teaching Case ◽  
Fraud Risk ◽  
Nonfinancial Measures ◽  
Analytical Procedures ◽  
Fraud Risk Assessments ◽  
Substantive Analytical Procedures

SUMMARY This case introduces students to nonfinancial measures (NFMs) and encourages thoughtful consideration and discourse surrounding their reporting and use by managers and auditors. NFMs are commonly reported by companies to provide increased transparency of operations and to more effectively describe performance. External parties such as analysts and auditors make use of NFMs in performing valuation assessments, fraud risk assessments, and substantive analytical procedures. In completing this case, students will be exposed to actual NFMs disclosed in SEC filings and employ Microsoft Excel knowledge to perform foundational analytical procedures. Students will also analyze how these NFMs link to the financial statements, as well as reflect upon the implications of NFMs for both internal and external users.

ANALYTICAL PROCEDURES DESIGN FOR ASSESSING PROFITABILITY DURING THE AUDITING OF HOUSING MANAGEMENT COMPANIES’ FINANCIAL STATEMENTS

2017 ◽  
Author(s):  
Liudmyla Sokolenko ◽  
Keyword(s):  
Business Processes ◽  
Financial Statements ◽  
Continuous Operation ◽  
Debt Management ◽  
Management Company ◽  
Use Of Resources ◽  
Time Period ◽  
Analytical Procedures ◽  
The Impact

The paper studies approaches to the analytical procedures design for assessing profitability in auditing of housing and communal services management companies’ financial statements in order to increase the validity of the auditor's conclusion. The purpose of the article is to prove the usefulness of using analytical procedures for assessing profitability of management company’s financial statements during its auditing, formulating their tasks and directions of information and documentary support. It has been established that the use of economic and mathematical modeling and the calculation of the panel of profitability indicators as analytical procedures essentially make it possible to assess the management company activity efficiency, as well as use of resources, and the effectiveness of debt management. In article the auditor’s tasks of analytical procedures for assessing the profitability of housing and communal services management company were specified: 1) assessment of the management company’s profitability trend during the last reporting periods for establishing general trends in its performance and future activities development; 2) identification of factors that determine management company’s profitability changes over the analyzed time period, that will make it possible to record significant ones and describe potential threats to profitability; 3) determination of reserves for increasing profitability for specific business processes or types of activities; 4) establishing the impact of changes in profitability on the management company’s ability to ensure the continuous operation. A list of profitability indicators performance has been formed. They should be calculated in the path of analytical procedures. Also it is recommended to draw up a working document "Analytical procedures for assessing the profitability of a management company". Basing on the content of profitability indicators and the possibilities of their calculation in the auditor's analytical procedures, auditor’s considerations have been formulated. They should guide the auditor in interpreting the calculated indicators.

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