Beschreibung
Principles of Auditing presents auditing from the perspective of an integrated audit complying the Sarbanes Oxley Act (SOX), under the standards of the Public Companies Accounting Oversight Board. It is the first textbook completely authored after SOX, and consequently uses the integrated audit model throughout. In addition, this text also facilitates an understanding of audits of non-public companies. A primary focus is the need for auditors to understand their clients and their industries. Highlighted illustrative industries include: health care providers, retail enterprises, the automotive industry, and the land development and home building industry.
Inhaltsverzeichnis
INTRODUCTION Chapter 1 An Introduction to Auditing Appendix 1 Working in a CPA Firm Chapter 2 Overview of an Integrated Audit THE AUDIT ENVIRONMENT Chapter 3 The Auditor''s Role in Society Chapter 4 Legal Environment Affecting Audits EXECUTING AN INTEGRATED AUDIT Chapter 5 Client Acceptance and Continuance and Preliminary Engagement Procedures Appendix 1 Industry Descriptions Appendix 2 Audit Committees and Corporate Governance Chapter 6 Audit Planning and Risk Assessment Appendix 1 Using the Work of Others Chapter 7 Internal Control, Understanding the Client''s Internal Control Over Financial Reporting and Auditing Design Effectiveness Appendix 1 Specifics of IT General Controls Appendix 2 Enterprise Risk Management Integrated Framework Appendix 3 Internal Control over Financial Reporting in Smaller Public Companies Chapter 8 Planning and Testing Operating Effectiveness of Internal Control over Financial Reporting Appendix 1 Testing IT Application Controls and Computer Assisted Audit Software Appendix 2 Statistical Techniques and Tests of Controls Chapter 9 Substantive Procedures and the Financial Statement Audit Appendix 1 Statistical Techniques and Tests of Details of Balances Chapter 10 The Revenue Cycle Process and Related Accounts: Sales, Billing and Collection in the Health Care Provider and Retailing Industries Chapter 11 Completing the Integrated Audit and Reporting Appendix 1 Non-Public Company Audits ADDITIONAL TRANSACTION CYCLES AND OTHER TOPICS Chapter 12 The Acquisition and Payments Cycle and Related Accounts: Purchases, Cash Disbursements and Other Related Activities in the Automotive Industry Chapter 13 The Human Resources Cycle Process and Related Accounts: Personnel and Payroll in Service Industries Appendix 1 An Engagement to Issue a Report on the Processing of Transactions by a Service Organization for Use by Other Auditors Chapter 14 The Inventory Cycle and Related Accounts: Tracking and Costing Products in the Land Development and Home Building Industry Chapter 15 Assets, Liabilities and Equity Related to the Financing Cycle Chapter 16 Topics Beyond the Integrated Audit
Autorenporträt
InhaltsangabeINTRODUCTION Chapter 1 An Introduction to Auditing Appendix 1 Working in a CPA Firm Chapter 2 Overview of an Integrated Audit THE AUDIT ENVIRONMENT Chapter 3 The Auditor's Role in Society Chapter 4 Legal Environment Affecting Audits EXECUTING AN INTEGRATED AUDIT Chapter 5 Client Acceptance and Continuance and Preliminary Engagement Procedures Appendix 1 Industry Descriptions Appendix 2 Audit Committees and Corporate Governance Chapter 6 Audit Planning and Risk Assessment Appendix 1 Using the Work of Others Chapter 7 Internal Control, Understanding the Client's Internal Control Over Financial Reporting and Auditing Design Effectiveness Appendix 1 Specifics of IT General Controls Appendix 2 Enterprise Risk Management Integrated Framework Appendix 3 Internal Control over Financial Reporting in Smaller Public Companies Chapter 8 Planning and Testing Operating Effectiveness of Internal Control over Financial Reporting Appendix 1 Testing IT Application Controls and Computer Assisted Audit Software Appendix 2 Statistical Techniques and Tests of Controls Chapter 9 Substantive Procedures and the Financial Statement Audit Appendix 1 Statistical Techniques and Tests of Details of Balances Chapter 10 The Revenue Cycle Process and Related Accounts: Sales, Billing and Collection in the Health Care Provider and Retailing Industries Chapter 11 Completing the Integrated Audit and Reporting Appendix 1 Non-Public Company Audits ADDITIONAL TRANSACTION CYCLES AND OTHER TOPICS Chapter 12 The Acquisition and Payments Cycle and Related Accounts: Purchases, Cash Disbursements and Other Related Activities in the Automotive Industry Chapter 13 The Human Resources Cycle Process and Related Accounts: Personnel and Payroll in Service Industries Appendix 1 An Engagement to Issue a Report on the Processing of Transactions by a Service Organization for Use by Other Auditors Chapter 14 The Inventory Cycle and Related Accounts: Tracking and Costing Products in the Land Development and Home Building Industry Chapter 15 Assets, Liabilities and Equity Related to the Financing Cycle Chapter 16 Topics Beyond the Integrated Audit
