Wiley The Complete Guide to Auditing Standards, and Other Professional Standards for Accountants 2008

by Nick A. Dauber; Anique Ahmed Qureshi; Marc H. Levine; Joel G. Siegel (Queens College, City University of New York)

• ISBN13: 9780470275931
• ISBN10: 0470275936
• Format: eBook
• Copyright: 2008-07-01
• Publisher: Wiley

Summary

If you are an auditor or work frequently with auditors, you need quick answers on the latest auditing standards. Get the answers you need now to understand and comply with authoritative auditing standards. The Complete Guide to Auditing Standards and Other Professional Standards for Accountants 2008 is filled with charts, checklists, diagrams, report forms, schedules, tables, exhibits, examples, practice aids, and step-by-step instructions for your maximum ease of use.

Table of Contents

Auditing Standards

PCAOB Auditing Standards No. 1 References in Auditors? Reports to the Standards of the Public Company Accounting Oversight Board

PCAOB Auditing Standards No. 2 An Audit of Internal Control Over Financial Reporting Performed in Conjunction with An Audit of Financial Statements

PCAOB Auditing Standards No. 3 Audit Documentation

Auditing

Responsibilities and Functions of the Independent Auditor

Generally Accepted Auditing Standards

The Relationship of Generally Accepted Auditing Standards to Quality Control Standards

Nature of General Standards

Training and Proficiency of the Independent Auditor

Independence

Due Professional Care in the Performance of Work

Appointment of the Independent Auditor

Planning and Supervision

Audit Risk and Materiality

Substantive Tests Before the Balance Sheet Date

Communications Between Predecessor and Successor Auditors

Consideration of Fraud in a Financial Statement Audit

Illegal Acts by Clients

Consideration of Internal Control in a Financial Statement Audit

The Auditors' Consideration of the Internal Audit Function in an Audit of Financial Statements

Service Organizations

Communication of Internal Control Related Matters Noted in an Audit

Evidential Matter

Auditing Fair Value Measurements and Disclosures

Analytical Procedures

The Confirmation Process

Inventories

Auditing Derivative Instruments, Hedging Activities, and Investments in Securities

Management Representations

Related Parties

Using the Work of a Specialist

Inquiry of a Client's Lawyer Concerning Litgation, Claims, and Assessments

Audit Documentation

Ability of the Entity to Continue as a Going Concern

Auditing Accounting Estimates

Audit Sampling

Communication with Audit Committees

Consideration of Omitted Procedures After the Report Date

The Meaning of Present Fairly in Conformity with Generally Accepted Accounting Principles?

Consistency of Application of Generally Accepted Accounting Principles

Adequacy of Disclosure in Financial Statements

Association with Financial Statements

Reports on Audited Financial Statements

Dating of the Independent Auditor's Report

Restricting the Use of an Auditor's Report

Reporting on Financial Statements Prepared for Use in Other Countries

Part of Audit Performed by Other Independent Auditors

Lack of Conformity with Generally Accepted Accounting Principles

Other Information in Documents Containing Audited Financial Statements

Reporting on Information Accompanying the Financial Statements

Reporting on Condensed Financial Statements and Selected Financial Data

Required Supplementary Information

Subsequent Events

Subsequent Discovery of Facts Existing at the Date of the Auditor's Report

Special Reports

Reports on the Application of Accounting Principles

Letters for Underwriters and Certain Other Requesting Parties

Filings Under Federal Securities Statutes

Table of Contents provided by Publisher. All Rights Reserved.