Principles of External Auditing
1. Auflage Februar 2014
882 Seiten, Softcover
Lehrbuch
Kurzbeschreibung
Principles of External Auditing offers a striking and careful balance between theory and practice. The book describes and explains, in non-technical language, the nature of the audit function and the principles of the audit process. It explains the fundamental concepts of auditing and takes the reader through the various stages of the audit process. It also discusses topical aspects of auditing such as legal liability, audit risk, quality control, and the impact of information technology.
Principles of External Auditing has become established as one of the leading textbooks for students studying auditing. Striking a careful balance between theory and practice, the book describes and explains, in non-technical language, the nature of the audit function and the principles of the audit process.
The book covers international auditing and accounting standards and relevant statute and case law. It explains the fundamental concepts of auditing and takes the reader through the various stages of the audit process. It also discusses topical aspects of auditing such as legal liability, audit risk, quality control, and the impact of information technology.
Brenda Porter is currently visiting Professor at Exeter University and Chulalongkorn University, Bangkok.
What is Auditing?
The Development of Auditing and Audit Objectives
SECTION 2: CONCEPTUAL UNDERPINNING OF THE AUDIT PROCESS
A Framework of Auditing Concepts
Threats to, and Safeguarding of, Auditors' Independence
SECTION 3: REGULATORY FRAMEWORK OF AUDIT PRACTICE
Auditors' Legal, Regulatory and Professional Responsibilities
Auditors' Duties with Respect to Fraud and Non-compliance with Laws and Regulations
SECTION 4: ADMINISTRATIVE ASPECTS OF THE AUDIT PROCESS
Overview of the Audit Process, Audit Evidence, Staffing and Documenting an Audit
SECTION 5: THE AUDIT PROCESS
Commencing an Audit: Engagement Procedures, Understanding the Client and Identifying Risks
Planning the Audit: Materiality and Audit Risk
Internal Control and the External Audit
Testing Financial Statement Assertions: Substantive Testing
Audit Sampling and Computer-assisted Auditing Techniques (CAATs)
Completion and Review
Auditors' Reports to Users of Financial Statements and to Management
SECTION 6: IMPORTANCE OF ENSURING HIGH QUALITY AUDITS
Legal Liability of Auditors
Avoiding and Limiting Auditors' Liability
SECTION 7: TOPICAL AND EMERGING ISSUES
Corporate Responsibility Assurance Engagements
Future Developments
Index
