Auditing A Business Risk Approach (with CD-ROM)

by Rittenberg, Larry E.; Schwieger, Bradley J.; Johnstone, Karla

• ISBN13: 9780324375589
• ISBN10: 0324375581
• Edition: 6th
• Format: Hardcover
• Copyright: 2007-05-03
• Publisher: South-Western College Pub

Summary

Gain the thorough understanding of today's auditing process with the hands-on practice that's critical for your business success with AUDITING: A BUSINESS RISK APPROACH, 6th Edition. This book introduces the audit process within the context of business risk--teaching you why it is important to first understand the organization's business environment and how you can apply the risk model. An emphasis on the integrated audit in this edition guides you through how to perform it effectively as well as what decisions and management commitments are necessary to complete it. You gain first-hand experience in using the well-known professional ACL Audit software, which accompanies each new book, as you practice audit techniques and work with specialized cases. AUDITING, 6th Edition prepares you to succeed amidst today's numerous auditing changes with the latest look at audit regulations, concepts, and practices as they apply in today's technological, systems-oriented environment.

Table of Contents

Auditing: Integral to the Economy

Corporate Governance, Audit Standards

Ethics: Meeting and Understanding Ethical Expectations

Audit Risk and a Client's Business Risk

Audit Evidence: A Framework

Internal Control over Financial Reporting

Performing an Integrated Audit

Computerized Systems: Risks, Controls, and Opportunities

Auditing for Fraud

Audit Sampling

Auditing Revenue and Related Accounts

Audit of Acquisitions Cycle and Inventory

Audit of Cash and Other Liquid Assets

Audit of Long-Lived Assets and Related Expense Accounts

Audit of Acquisitions, Related-Entity Transactions, Long-Term Liabilities, and Equity

Completing the Audit

Communicating Audit and Attestation Results

Professional Liability

Internal Auditing and Outsourcing

Appendix: ACL

Table of Contents provided by Publisher. All Rights Reserved.