Auditing and Assurance Services: Understanding the Integrated Audit

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.

Spis treści:
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
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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
 
Appe ndix 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                       &# 160;    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
                 & #160;              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