Auditing and Assurance Services

by Arens, Alvin A.; Elder, Randal J.; Beasley, Mark S.

• ISBN13: 9780132575959
• ISBN10: 0132575957
• Edition: 14th
• Format: Hardcover
• Copyright: 2011-03-17
• Publisher: Pearson

Summary

An integrated and current approach to auditing. Auditing and Assurance Services: An Integrated Approachpresents an integrated concepts approach that shows readers the auditing process from start to finish. This text prepares readers for real-world audit decision making by using illustrative examples of key audit decisions, with an emphasis on audit planning, risk assessment processes and collecting and evaluating evidence in response to risks. #xA0; The fourteenth edition includes coverage of PCAOB Auditing Standard No. 5, new standards related to communications to those charged with governance (SAS Nos. 114 and 115), and the most up-to-date content in the dynamic auditing environment.

Table of Contents

Part 1: The Auditing Profession
Chapter 1: The Demand for Audit and Other Assurance Services
Chapter 2: The CPA Profession
Chapter 3: Audit Reports
Chapter 4: Professional Ethics
Chapter 5: Legal Liability
Part 2: The Audit Process
Chapter 6: The CPA Profession
Chapter 7: Audit Evidence
Chapter 8: Audit Planning and Analytical Procedures
Chapter 9: Materiality and Risk
Chapter 10: Section 404 Audits of Internal Control and Control Risk
Chapter 11: Fraud Auditing
Chapter 12: The Impact of Information Technology on the Audit Process
Chapter 13: Overall Audit Plan and Audit Program 
Part 3: Application of the Audit Process to the Sales and Collection Cycle
Chapter 14: Audit of the Sales and Collection Cycle: Tests of Controls and Substantive Tests of Transactions 
Chapter 15: Audit Sampling for Tests of Controls and Substantive Tests of Transactions 
Chapter 16: Completing the Tests in the Sales and Collection Cycle: Accounts Receivable 
Chapter 17: Audit Sampling for Tests of Details of Balances 
Part 4: Application of the Audit Process to Other Cycles
Chapter 18: Audit of the Acquisition and Payment Cycle: Tests of Controls and Substantive Tests of Transactions, and Accounts Payable
Chapter 19: Completing the Tests in the Acquisition and Payment Cycle: Verification of Selected Accounts 
Chapter 20: Audit of the Payroll and Personnel Cycle
Chapter 21: Audit of the Inventory and Warehousing Cycle 
Chapter 22: Audit of the Capital Acquisition and Repayment Cycle 
Chapter 23: Audit of Cash Balances 
Part 5: Completing the Audit
Chapter 24: Completing the Audit 
Part 6: Completing the Audit
Chapter 25: Other Assurance Services 
Chapter 26: Internal and Governmental Financial Auditing and Operational Auditing