Skip to content

Auditing and Assurance Services A Systematic Approach

Spend $50 to get a free DVD!

ISBN-10: 0077524861

ISBN-13: 9780077524869

Edition: 8th 2012

Authors: William Messier, Steven Glover, Douglas Prawitt

List price: $206.33
Blue ribbon 30 day, 100% satisfaction guarantee!
what's this?
Rush Rewards U
Members Receive:
Carrot Coin icon
XP icon
You have reached 400 XP and carrot coins. That is the daily max!

Description:

The authors believe students are best served by acquiring a strong understanding of the basic concepts that underlie the audit process and how to apply those concepts to various audit and assurance services. The primary purpose for an auditing text is not to serve as a reference manual but to facilitate student learning, and this text is written accordingly. The text is accessible to students through straightforward writing and the use of engaging, relevant real-world examples, illustrations, and analogies. The text explicitly encourages students to think through fundamental concepts and to avoid trying to learn auditing through rote memorization. Students are prompted by the text to “stop and think,” at important points in the text, in order to help them apply the principles covered.The text continues to take a systematic approach to the audit process by first introducing the three underlying concepts: audit risk, materiality, and evidence. This is followed by a discussion of audit planning, the assessment of control risk, and a discussion of the nature, timing, and extent of evidence necessary to reach the appropriate level of detection risk. These concepts are then applied to each major business process and related account balances using a risk-based approach.In covering these important concepts and their applications, the book focuses on critical judgments and decision-making processes followed by auditors. Much of auditing practice involves the application of auditor judgment. If a student understands these basic concepts and how to apply them to an audit engagement, he or she will be more effective in today’s dynamic audit environment.
Customers also bought

Book details

List price: $206.33
Edition: 8th
Copyright year: 2012
Publisher: McGraw-Hill Higher Education
Publication date: 9/19/2011
Binding: Looseleaf - sheets only 
Size: 8.25" wide x 10.75" long x 1.00" tall
Weight: 3.806
Language: English