Description
Book SynopsisModern Auditing has become established as one of the leading textbooks for students taking university and professional courses in auditing. This extensively revised third edition continues to provide the reader with a comprehensive and integrated coverage of the latest developments in the environment and methodology of auditing.
Table of ContentsPreface vii
Chapter 1
Auditing and the Public Accounting Profession 1
Chapter 2
Financial Statement Audits 37
Chapter 3
Professional Ethics 71
Chapter 4
Auditors’ Legal Liability 111
Chapter 5
Audit Risk and Audit Evidence 141
Chapter 6
Accepting the Engagement and Planning the Audit 183
Chapter 7
Internal Control and Control Risk Assessment 225
Chapter 8
Audit Sampling 269
Chapter 9
Designing Substantive Procedures 307
Chapter 10
Auditing Sales and Trade Receivables (Debtors) 341
Chapter 11
Auditing Purchases, Trade Payables (Creditors) and Payroll 383
Chapter 12
Auditing Inventories (Stocks) and Tangible Noncurrent Assets (Fixed Assets) 421
Chapter 13
Auditing Cash and Investments 461
Chapter 14
Completing the Audit 501
Chapter 15
Reporting on Audited Financial Statements 529
Chapter 16
E-Commerce and Auditing 575
Chapter 17
Contemporary Issues in Auditing 603
Answers to Multiple-Choice Questions 639
Suggested Answers to Professional Application Questions 651
The IAASB’s Glossary of Terms 703
Index 719
