Audit Procedures for Fpt's Company.

1. ANALYTICAL REVIEW OF FINANCIAL DATA

a. trading results

a-1. Revenue/Gross margin

| 2010 | 2011 | 2012 |

Revenue | 20017.3 | 25370.2 | 24594.3 |

Gross margin | 3988.5 | 4958.1 | 4692.2 |

Rev-GM(=COGS) | 16028.8 | 20412.1 | 19902.1 |

The above figure shows us FPT’s Revenue and Gross margin through 2010, 2011 and 2012. The chart which is next to the table performs the numbers visually. We can see that:

-The Revenue of the company increased significantly from 2010 to 2011, and the decrease in 2012 is inappreciable.

-From 2010 to 2010, FPT’s Gross Margin also increases, but it is not considerable. The reducing in 2012 is not, either.

-The different between Revenue and Gross margin (in this case of FPT company, it is equal to COGS) quite high.

a-2. Segments

This chart shows us the segments which bring the highest revenues for the company are:

-Telecom

-Integrate

-Distribution (production, distribution and retail of technological products).

We consider they are the essential segments of FPT and we’ll review their financial data through period 2010- 2012.

The financial situation (revenue) of Telecom, Integrate and Distribution segments through the period:

-Distribution is the segment which brings the highest revenue for FPT. Its proportion in total revenue is more than 50%. Although distribution’s revenue fluctuates through the years, but the fluctuation is not remarkable.

-Proportion of Integrates’ and telecom’s revenue over total is much lower than distribution’s.

+integrate varies quite similarly to distribution.

+telecom increases regularly during the period.

The evolution of gross margin by FPT’s segment is represented by the graph beside.

We can see visually the difference between the proportion of segment’s gross margin and its proportion of revenue.

-telecom segment brings the lowest revenue, but its gross margin was highest in 2010. Although its MG reduced in...