Auditing and Assurance Services : A Systematic Approach

by ;
  • ISBN13:


  • ISBN10:


  • Format: Hardcover
  • Copyright: 2006-11-16
  • Publisher: McGraw-Hill College
  • View Upgraded Edition
  • Purchase Benefits
  • Free Shipping On Orders Over $35!
    Your order must be $35 or more to qualify for free economy shipping. Bulk sales, PO's, Marketplace items, eBooks and apparel do not qualify for this offer.
  • Get Rewarded for Ordering Your Textbooks! Enroll Now
List Price: $185.70


Messier employs the audit approach currently being used by auditing professionals. This approach is a direct result of the demands of Sarbanes-Oxley, which has changed the way auditors do their jobs. The approach emphasizes understanding the entity (i.e., the organization or business being audited) and its environment (i.e. industry), and then assessing the business risks faced by the entity and how management controls those risks. This audit process focuses on business processes instead of accounting cycles. This unique and innovative approach has been developed in response to changing market dynamics. The systematic approach, referred to in the subtitle of the text, reflects the early introduction of three basic concepts that underlie the audit process: materiality, audit risk, and evidence; this allows Messier to build upon this model in subsequent chapters. These are central to everything an auditor does and a unique feature of Messier. As such, this approach helps students develop auditor judgment, a vital skill in today's auditing environment.

Table of Contents

An introduction to assurance and financial statement auditingp. 2
The financial statement auditing environmentp. 34
Risk assessment and materialityp. 70
Audit evidence and audit documentationp. 112
Audit planning and types of audit testsp. 146
Internal control in a financial statement auditp. 192
Auditing internal control over financial reporting in conjunction with an audit of financial statementsp. 234
Audit sampling : an overview and application to tests of controlsp. 292
Audit sampling : an application to substantive tests of account balancesp. 332
Auditing the revenue processp. 372
Auditing the purchasing processp. 422
Auditing the human resource management processp. 458
Auditing the inventory management processp. 486
Auditing the financing/investing process : prepaid expenses, intangible assets, and property, plant, and equipmentp. 516
Auditing the financing/investing process : long-term liabilities, stockholders' equity, and income statement accountsp. 540
Auditing the financing/investing process : cash and investmentsp. 560
Completing the engagementp. 590
Reports on audited financial statementsp. 622
Professional conduct, independence, and quality controlp. 652
Legal liabilityp. 698
Assurance, attestation, and internal auditing servicesp. 740
Table of Contents provided by Blackwell. All Rights Reserved.

Rewards Program

Write a Review